In the Himalayas of the Indian part of Kashmir three communities depend on the ecology of the Dal lake: market gardeners, houseboat owners and fishers. Floating

The best-selling author of Gang Leader for a Day takes his next sociological study to Manhattan, where he travels through the underground economy utilized by pr

An analysis of the operation and consequences of exchange rate regimes in an era of increasing international interdependence. The exchange rate is sometimes cal

In this analysis Morris Goldstein examines currency regime choices for emerging economies that are heavily involved with private capital markets. The author arg

Currency Unions reviews the traditional case for flexible exchange rates and "countercyclical"—that is, expansionary during recessions and contractionary in b