Challenges to the World Economy Festschrift for Horst Siebert [Hardcover]

 This volume, in a sense, aims at reflecting the qualities of the honoree and it does so in two respects. On the one hand, it covers a great variety of subdisciplines of economics. On the other hand, the book ranges from theoretical and mathematical economics to hands-on applied analyses of economic-policy issues. All essays are driven by the aspiration to better understand the economy and to draw relevant conclusions for economic policy. The book is divided into five parts dealing with the German economy, European economic issues, global markets, international trade theory and policy, and natural resources and the environment.

 This volume, in a sense, aims at reflecting the qualities of the honoree and it does so in two respects. On the one hand, it covers a great variety of subdisciplines of economics. On the other hand, the book ranges from theoretical and mathematical economics to hands-on applied analyses of economic-policy issues. All essays are driven by the aspiration to better understand the economy and to draw relevant conclusions for economic policy. The book is divided into five parts dealing with the German economy, European economic issues, global markets, international trade theory and policy, and natural resources and the environment.

Germanys Economic Ills.- Economic Transformation in East Germany: Has Economic Theory Been Helpful?.- Economic Policy in Germany and the Role of the Economic Adviser.- Its Always Nice to Meet an Old Friend: Reflections on the NAIRU and New Estimates.- Germany Needs a National Stability Pact.- Social Model: Lessons for Developing Countries.- The Design of EU Trade Policies: Rationale, Results and Requirements for Reforming Regionalism.- European Fiscal Policies Under the Stability Pact: Some First Insights.- Prospective Trade Effects of Eastern EU Enlargement.- Saving and Investment in Transition Economies: Russia and the Central and Eastern European Countries.- Gll£1