Economics

Banking on Union?

Whatever forms the debate about European political union may take--and public opinion in many places seems increasingly skeptical--the idea of a common currency and a common central bank without it is surely an illusion.

Harry G. Gelber

Chirac: Beyond Gaullism?

The annual G-7 economic summits have been justly described as photoopportunities in which anything except economics may be discussed.

Harvey Sicherman

Who Won the Trade War?

Now that there is an armistice in the latest phase of the trade war with Japan, it is instructive to evaluate President Clinton's settlement, the costs of achieving it, and the implications for U.

Robert B. Zoellick

The Price of Information

Many economists, business analysts and especially people in the communications industries are in a state of euphoria about globalization.

Eric Jones

The Limits of Trust

Although the syllogism conveys the essence of Fukuyama's argument, it does so at the cost of neglecting the book's broad sweep, sharp insights, and wide-ranging scholarship.

Russian Aid (II)

U.S. aid to Russia should promote U.S. foreign policy interests and help the Russians help themselves.

David J. Kramer

Asia: Skepticism about Optimism

Perhaps now that Pacific Asians have moved from Marxist to market economics, the logic of economic interdependence has made arms racing and power rivalry less sensible and less likely. On balance, it is probably better for Pacific Asian stability

Barry BuzanGerald Segal

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