Table of Contents

B Reddaway: Foreward
J Michie: Introduction
Section one: Lessons from History
1: M Kitson and J Michie: Trade and Growth: An Historical Perspective
2: M Panic: The Bretton Woods System: Concept and Practice
3: Y Akyuz: Instability, Uncertainty, and International Finance
Section two: Labour and Capital
4: A Singh and A Zammit: Employment and Unemployment, North and South
5: W Sengenberger and F Wilkinson: Globalization and Labour Standards
6: R Kozul-Wright: Transnational Corporations and the Nation State
7: Y Akyuz and A Cornford: International Capital Movements: Some Proposals for Reform
Section three: International Finance and Exchange-Rate Policy
8: L Harris: International Financial Markets and National Transmission Mechanisms
9: R Kelly: Derivatives: A Growing Threat to the International Financial System
10: G Holtham: Manageing the Exchange-Rate System
11: M Artis: Lessons of Exchange Rate Targeting
Section four: The role of Government: National and International
12: J Eatwell: The INternational Origins of Unemployment
13: J Grieve Smith: An Agenda for Change
14: W Hutton: managing the Global Economy
Bibliography

Reviews

`Significant contributions ... Jonathan Michie and John Grieve Smith have brought together a collection of authors - mainly Cambridge dons and Geneva bureaucrats - who have thought hard about making the new global economy socially accountable.'
New Statesman & Society
Managing The Global Economy is an important tool for all who recognise the centrality of economics to our future ... Its contributors lead us clearly from the Bretton Woods foundations of the post-war boom to today's "restrained anarchy" of deregulated, internationally integrated markets. s
`This is an indispensable guide for trade unionists who want to understand the scope which still exists for nation states to adopt progressive policies.'
Labour Research
`Nothing can detract from a sober analysis, and ... there is plenty of that in this book ... a nice spread of styles and approaches. None of the chapters are beyond the comprehension of an intellectually curious reader of the serious press ... What is distinctive about this book is it deals with its particular characterisation of the contemporary international economy ... is that the emphasis remains upon the management of that economy ... a major
contribution.'
Renewal
`Although this is a volume written and edited by economists, it is more than sufficiently policy- and indeed political economy-oriented to attract a far wider audience ... One of the considerable list of volumes marking the thirty years since Bretton Woods, this must surely be among the best ... commendably sensitive to the need for a clear vision of just what economic policy and institutions are supposed to accomplish ... The contributions are well linked
and cross-referenced, which adds to the obvious coherence of the volume.'
Journal of European Public Policy
`This book provides a very useful guide to the degree and dimensions of globalisation.'
International Affairs
`Essential reading for researchers, policy makers, analysts, and writers on current economic issues.'
Dawn Magazine
`Michie and Grieve Smith's book is firmly rooted in a neo-Keynesian political economy ... contains much of interest and relevance.'
Local Economy