Concepts -- Issues -- Interdependence -- Fiscal policy -- Monetary policy -- Financial stability -- International financial integration and foreign-exchange pol

Drawing on their experience as government insiders, the authors of this book show how economic policy is shaped at the highest levels of government. They reveal

The industrialized world has long been rocked by economic crises, often caused by policy makers who are guided by ideology rather than cold, hard analysis. WRON

The Making of Economic Policy begins by observing that most countries' trade policies are so blatantly contrary to all the prescriptions of the economist that t