Understanding the World Economy

This fourth edition of Understanding the World Economy will continue to provide the reader with the clearest guide available to the global economic scene. To reflect the enormous changes which have taken place in the world economy in recent years, this text is an almost entirely rewritten version of earlier editions.

Topics covered include:

• why crashes occur
• what causes some countries to grow and others to stagnate
• whether the Euro can survive
• the economic underpinnings of terrorism
• the dangers of climate change.