Understanding the world economy

Includes bibliographical references and index.

Going to market -- Market failure and the great debate -- Unemployment and inflation -- Free trade, regional agreements and job losses -- The trade in primary resources : blessing or curse? -- Customs unions and common markets -- Money, banking and international finance -- Exchange rates and currency union -- Financial crises, sovereign debt and future reform -- Economic development, growth and inequality -- The economics of terrorism -- Environmental economics : sustaining spaceship earth -- Conclusion : what future awaits us in the twenty-first century and beyond?.