This volume concentrates on international issues that relate to economic policies and governance. It is essential reading for all postgraduates and scholars looking for expert discussion and debate of the issues surrounding the case for new economic policies at the global level.

1. The Great Recession, Capital Market Failure and International Financial Regulation; Valpy Fitzgerald 2. A Progressive International Monetary System: Growth Enhancing, Speculation Reducing and Cross-Country Equity; John Weeks 3. The Financial Transactions Tax: Its Potential and Feasibility; Philip Arestis and Malcolm Sawyer 4. Global Imbalances and Capital Movements as Constraints to the International Economic Recovery; Jesús Ferreiro, Patricia Peinado and Felipe Serrano 5. Africa and the Perversities of International Capital Flows; Howard Stein 6. Capital Flows, International Imbalances and Economic Policies in Latin America; Luiz Fernando de Paula and Fernando Ferrari-Filho