The first \"Handbook of International Economics\", edited by Ronald W.Jones and Peter B.Kenen, was published in two volumes in 1984 and 1985. These volumes surveyed the existing state of the art in research on \"real\" and \"monetary\" aspects of international economics....

\"The later chapters will be an important source for researchers in the area, especially the chapters on micro-analysis of demand for assets, and on empirical work on exchange rates. In all subjects the reader will find a complete record of where research stood in 1983. For that we are substantially indebted to the editors and authors.\" Russell S....

The machinery of international economic and financial cooperation is rapidly becoming obsolete....

Drawing together new papers by some of today\'s leading figures in international economics and finance, Understanding Interdependence surveys the current state of knowledge on the international monetary system and, by implication, defines the research horizon for the future....

Shortly after the Mexican crisis of 1994-95, the major industrial countries undertook to strengthen the international financial architecture. They sought to reduce the risk of future crises by increasing the availability of information about economic conditions in emerging-market countries and strengthening the financial systems of those countries....

This book is a collection of essays on the international monetary system written by some of the most authoritative economists and policymakers. All the fundamental components of the international monetary system are critically examined and some suggestions are presented for its probable, or desired, evolution....