Understanding the world economy - Tony Cleaver

With globalization continuing apace, the world economy continues to experience dramatic change and development. This third editionbuilds on the popular format of its predecessors to provide the best concise guide to its subject for students of international economics.

Since the previous edition, new developments covered include:

• theongoing impact of 9/11 and the Iraq War
• the increased number of free trade agreements, custom unions and common markets, including the recentaccession of ten new countries to the European Union in 2004
• an acknowledgement of the huge impact of private firms in shaping the global economy
• an examination of the role of the International Monetary Fund, World Bank and World Trade Organization.

The book takes the student through the major characteristics of the global economy in jargon-free non-technical language. Chapter summary diagrams and a wealth of boxes and tables make this an essential introduction forundergraduates and A-level students as well asthe casual reader.