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World-changing books about finance aren't built in a day. Adam Smith needed 17 years to write The Wealth of Nations. John Maynard Keynes took six years to write The General Theory of Employment, Interest and Money. Yes, those are lofty comparisons. And yes, later…

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This inquiry into the technical advances that shaped the 20th century follows the evolutions of all the principal innovations introduced before 1913 (as detailed in the first volume) as well as the origins and elaborations of all fundamental 20th century…
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Many in the United States feel that the nation's current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream…

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Trade and capital are important in the Asia region. Trade in the APEC region has been increasing, but the large rise in China¿s exports has also been disturbing as it exhibits export substitution. The first two papers conclude that every economy has gained…

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This book describes and evaluates the literature on exchange rate economics. It provides a wide-ranging survey of the different theories that attempt to explain the behavior of exchange rates, and outlines the salient institutional characteristics of the modern…
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Thomas Piketty was born in Clichy, France on May 7, 1971. He received a M.Sc. in mathematics at Ecole Normale Supérieure and a PhD in Economics at EHESS and at LSE. He is a professor at the Paris School of Economics. His articles have appeared in numerous…
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This book is a companion volume to Dynamic Macroeconomic Theory by Thomas J. Sargent. It provides scrimmages in dynamic macroeconomic theory--precisely the kind of drills that people will need in order to learn the techniques of dynamic programming and its…

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The need for an ambitious and forward-looking Canadian international strategy has never been greater. The worldwide changes that jeopardize Canadian security and prosperity are profound, ranging from the globalization of commerce, crime, and political extremism…
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For pathways to be truly sustainable and advance gender equality and the rights and capabilities of women and girls, those whose lives and well-being are at stake must be involved in leading the way. Gender Equality and Sustainable Development calls for policies,…

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The new context and character of public service - shifting values, entrepreneurship, information technology, and multi-sector careers - require a 'skills triangle' of technical, ethical, and leadership abilities. This concise and readable work focuses on these…
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This work explores a new development paradigm whose central focus is on human well-being. Increase in income is treated as an essential means, but not as the end of development, and certainly not as the sum of human life. Development policies and strategies are…