Global Economic Issues and Policies

Joseph P. Daniels received his Ph.D. in International Finance and Trade from Indiana University in 1992 and has been a faculty member at Marquette University, USA, since that time. In 1997 he served as a Fulbright Scholar in the international affairs program at the University of Toronto and continues as a member of the G8 and G20 Research Groups at the University of Toronto. David D. VanHoose earned his Ph.D. at the University of North Carolina at Chapel Hill and is currently the Herman W. Lay Professor of Private Enterprise at the Hankamer School of Business at Baylor University, USA.

Unit One: Introduction to the Global Economy 1. Understanding the Global Economy 2. Comparative Advantage: How Nations Can Gain from International Trade Unit Two: International Trade: Enduring Issues 3. Sources of Comparative Advantage 4. Regulating International Trade: Trade Policies and their Effects 5. Regionalism and Multilateralism Unit Three: International Finance: Enduring Issues 6. Balance of Payments and Foreign Exchange Markets 7. Exchange Rate Systems: Past to Present 8. The Power of Arbitrage: Purchasing Power and Interets Rate Parities 9. Global Money and Banking: Where Central Banks Fit into the World Economy Unit Four: Contemporary Global Economic Policies and Issues 10. Contemporary Global Economic Issues and Policies 11. Economic Development 12. Industrial Structure and Trade in the Global Economy: Businesses without Borders 13. The Public Sector in the Global Economy 14. Dealing with Financial Crises: Does the World Need a New International Financial Architecture?