New to the Sixth Edition
Covers the economic impacts of 2016 electoral events, including new Trump administration initiatives related to TPP and NAFTA; the UK and Brexit, and the European populist wave.
Examines the global financial crisis, EU debt crisis, quantitative easing, global capital flow cycles, and currency wars.
Probes the death of the Doha Round and explores individual trade preferences, WTO dispute settlement, bilateral investment treaties and global value chains, labor standards, and the role of institutions for economic development.
Considers how U.S. monetary and fiscal policy shapes the flow of financial capital into and out of emerging market economies with a focus on the "Fragile Five," whether the Chinese Renminbi can displace the dollar as a global currency, and the newly constructed Asian Infrastructure Investment Bank.
Explores the impact of migration on wages and income inequality, and the growing importance of working remittances as a source of capital for developing countries.