The world economy has been undergoing substantial change, especially from restructuring among formerly planned economies, developing economies and also among developed economies where serious imbalances occurred. In adapting to these changes, the economies of the world have shown a great deal of instability. "A Quest for a More Stable Economic System" offers analyses of ways to understand and rectify these instabilities. The contributions were prepared just as the Gulf War was beginning and as the economies of Eastern Europe and the former Soviet Union were undergoing successive change. The book aims to bring to the students, teachers and research workers of economics objective investigations of the dynamic processes of adjustment, and an appreciation of where a new world economic order is heading.
Restructuring and Arms Reduction in the World Economy; L.R. Klein. Japan's Economic Structural Adjustments and the World Economy; C. Moriguchi. Sustainable World Economic Growth: New Dimension of Economic Policy Co-operation. Editorial Comments - 1. International Negotiations and Domestic Conflicts: a Case for Counterlobbying; K. Hamada. Globalization and the Design of International Institutions; J. Eaton. Monetary Policy Regimes, Central Bank Commitments and International Policy Co-operation; M. Kawai, H. Murase. Summary of "Sustainable World Economic Growth: a New Dimensions of Economic Policy Co-operation"; G. Basevi. Harmonizing Global Regionalism. 8. Editorial Comments - 2. Effects of German Unification on the European Integration Process; G. Nerb. Asia-Pacific Economic Development; C. Higgins. The Rise of East Asia and Recent External Shocks; Y. Yasuba. Tripolar Growth and Real Exchange Rates: How Much can be Explained by Convergence?; J.F. Helliwell, A. Chung. Summary of "Harmonizing Global Regionalism"; C. Moriguchi. The Debt Problem and International Financial Markets. Editorial Comments - 3. Latin American Debt: Macroeconomic Environment and Economic Structure; A. Amano. Development Dilemma: the Philippine Experience; S. Collas-Monsod. Some Implications of the Developments in Eastern Europe for th European Economic and Monetary Union; G. Basevi. Future Trends in Japan's Saving Rate and the Implications thereof for Japan's External Balance; C.Y. Horioka. Summary of "The Debt Problem and International Financial Markets"; C. Higgins. Restructuring of Socialist Economies and the Impact of Disarmament on the World Economy. Editorial Comments - 4. Soviet Economic Reform: the Transition Issue; H.S. Levine. The World Economy in the Post-Cold War Era and the Role of Japan; H. Niwa. Global Economic Implications of Restructuring in Eastern Europe and the Soviet Union; P. Pauly. Conversion and Economic Reform; V.K. Faltsman. Summary of "Restructuring of Socialist Economies and the Impact of Disarmament on the World Economy"; J. Helliwell.
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