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These essays are the prize-winning entrants in the seventh annual essay competition run by the AMEX Bank Review. The central theme is the emphasis on the many structural changes in the world economy: the shift between manufacturing and services, the geographic shift of economic activity, financial liberalization in developing countries, the rise in investment choices, and the changing institutional structure of central banking. The essays are of high quality and are generally policy oriented. In choosing the winners, the judges consider the extent of new thinking and original research as well as the authors conclusions and recommendations derived from their analysis. Short summaries and author biographies are presented with each essay.
This volume contains the 11 prize-winning essays of the 1991 AMEX Bank Review essay competition in international economics and financial markets. Each essay carries a strong message for policymakers or the markets. This annual competition is run in memory of Professor Robert Marjolin, the first head of the OECD and leading architect of post-war Europe.
These essays are the prize-winning entrants in the seventh annual essay competition run by the AMEX Bank Review. The central theme is the emphasis on the many structural changes in the world economy: the shift between manufacturing and services, the geographic shift of economic activity, financial liberalization in developing countries, the rise in investment choices, and the changing institutional structure of central banking. The essays are of high quality and are generally policy oriented. In choosing the winners, the judges consider the extent of new thinking and original research as well as the authors conclusions and recommendations derived from their analysis. Short summaries and author biographies are presented with each essay.