In an increasingly globalized world, it is becoming ever more difficult for nation states to adapt to the international consequences of market failures, government failures and global externalities. This work presents an analysis of the role of international institutions and their performance.

They assess whether international institutions can actually help to mitigate the tendency of uneven development in the global economy. Finally, the focus switches to the analysis and evaluation of one specific institution and its actions, namely, the Bank for International Settlements (BIS).

Global markets, national sovereignty and international institutions, John-ren Chen
the Tobin Tax revisited in the context of global governance on capital markets, Kwan S. Kim and Seok-Hyeon Kim
the WTO system and foreign diret investment - a policy challenge, V.N. Balasubramanyam and David Sapsford
order and justice in the international trade system, John Toye
some proposals to adapt international institutions to developmental needs, Kuniberg Raffer
globalization, North-South uneven development and international institutions, Amitava Krishna Dutt
comment on "Globalization, North-South Uneven Development and International Institutions", Peter Egger
the bank for international settlements - which activities can be justified from a normative economic perspective?, Peter Bernholz
Basel II - quantitative impact study on Austrian small and medium-sized enterprises, Walter S.A. Schwaiger
Basel accord and macroeconomic activity, John-ren Chen.