Bulletin Issue 42 (Dec 1990) - Contents

In This Issue

· Highlights of this issue

Feature

· North-South Macroeconomic Interactions

Workshops

The following workshops were discussed in this issue:

· European Integration - External Trade

· ESF Network in Financial Markets

· Monetary Union - Fiscal Integration

· International Trade - Empirical Modelling of '1992'

Lunchtime Meetings

The following lunchtime meetings were discussed in this issue:

· Monetary Integration - German EMU

· Eastern Europe - Reform and the Environment

· UK Trade Performance - Innovation and Pricing

Discussion Papers

The following Discussion Papers were discussed in this issue:

· A Valuation Formula for LDC Debt by Daniel Cohen

· Slow Growth and Large LDC Debt in the Eighties: An Empirical Analysis by Daniel Cohen

· `Secret' Buy-backs of LDC Debt by Daniel Cohen and Thierry Verdier

· Undesirable Redistributions in the Retirement-Public Pension Schemes: The Italian Case Study by Fiorella Padoa Schioppa Kostoris

· Monetary Overhang and Reforms in the 1940s by Rudiger Dornbusch and Holger Wolf

· Britain's Return to Gold and Entry into the EMS: Expectations, Joining Conditions and Credibility by Marcus H Miller and Alan Sutherland

· A Chaotic Monetary Model of the Exchange Rate by Paul De Grauwe and Hans Dewachter

· Savings, Investment, Government Finance and the Current Account: The Dutch Experience by Hugo A Keuzenkamp and Frederick van der Ploeg

· Fiscal Deficits, Seigniorage and External Debt: The Case of Greece by George S Alogoskoufis and Nicos M Christodoulakis

· External Constraints on European Unemployment by George S Alogoskoufis and Christopher Martin

· Political Cycles in OECD Economies by Alberto Alesina and Nouriel Roubini

· External Economies and European Integration: The Potential for Self-fulfilling Expectations by Richard E Baldwin and Richard K Lyons

· European Monetary Union or Hard EMS? by David Currie, Paul Levine and Joseph Pearlman

· The Hyperinflation Model of Money Demand Revisited by Mark P Taylor

· Competition and Imports in the European Market by Alexis Jacquemin and André Sapir

· European Community External Protection and `1992': Voluntary Export Restraints Applied to Pacific Asia by Carl B Hamilton

· Consumption, Product Growth and the Interest Rate by Orazio P Attanasio and Guglielmo Weber

· Spain's Capital Account Shock by José Viñals

· Is Europe an Optimum Currency Area? by Barry Eichengreen

· Rational Speculative Bubbles in an Exchange Rate Target Zone by Willem H Buiter and Paolo A Pesenti

· The `Walters' Critique of the EMS: A Case of Inconsistent Expectations by Marcus H Miller and Alan Sutherland

· Market Solutions to the Problem of Stabilising Commodity Earnings by Andrew J Hughes Hallett and Prathap Ramanujam

· Are the Costs of Cleaning Up Eastern Europe Exaggerated? Economic Reform and the Environment by Gordon A Hughes

· Unemployment through `Learning from Experience' by Steve Alpern and Dennis J Snower