This book provides institutional information and uses analytical tools to explains why
governments should intervene in economies affected by globalization. With analysis of
current country experiences and issues, this book is an essential read for all interested
in the demands on economic policy in globalized age.
Carlos M. Peláez received a PhD and BS, Phi Beta Kappa, from
Columbia University. He has published books, essays and articles worldwide, including
International Financial Architecture and The Global Recession Risk. He was Director of the
Banco Chase and of the Rio de Janeiro Association of Banks and vice President of Chase
Manhattan Bank. He is Managing Director of CMP Associates.
Table of Contents
List of illustrations
Introduction, scope and content 1
1 The world economy, prosperity and conflicts 13
2 International official institutions 25
3 Banks and capital markets 40
4 Risk management and world trade, investment and finance 57
5 The theory of the state 75
6 International trade of goods and services 89
7 Trade agreements 103
8 Poverty, the environment and climate change 116
9 Financial globalization 128
10 International economic law 145
11 The global recession risk 167
Conclusion 182
Notes 185
Name Index 203
Subject Index 207
224 pages, Hardcover