Helmut Dreßler Book order

Globalization and unemployment are two phenomena which are amongst the most widely discussed subjects in the economic debate today. Often, globalization is regarded as being responsible for the increase in unemployment, particularly in unskilled labor. This book deals with the correlation between globalization and unemployment under various aspects: historical aspects of globalization, empirical trends and theoretical explanations of unemployment, effects of globalization in general and of European Monetary Union in particular on umemployment, labor market policy in a global economy, the impact of fiscal policy on unemployment in a global economy, as well as the effects of globalization on inflation and national stabilization policy.

In recent years, significant methodological and thematic developments relevant to practical economic policy have emerged in the theory of monetary and exchange rate policy. This book explores these advancements, their evaluations, and unresolved questions. It is structured into four parts: the first focuses on central bank design; the second examines strategies for monetary policies and their implementation; the third addresses theoretical aspects of exchange rate policy and monetary union; and the fourth discusses specific issues related to monetary and exchange rate policy in developing and transition countries. The contributions, except for an article by Nobel Laureate James Tobin, were presented and discussed at an academic symposium I organized in Castrop Rauxel on September 8-9, 1997. Tobin graciously agreed to write a comprehensive article for this publication. The concluding section of the book, titled "Conclusion and Supplements," summarizes comments, supplementary papers, and general discussions, along with additional insights on the most debated topics from the symposium.