Publisher's Synopsis
This volume contains 24 of the contributions made to the conference on "Economic Decision-making in a Changing World" held during the week of September 13th to the 16th 1988, to mark the occasion of both the 375th anniversary of the University of Groningen and the 40th year of existence of the Department of Economics, its largest department.;The theme of the conference was chosen because it was felt that the changes in the international economic environment and the globalization of economies takes place at such speed that the issue of what adjustments are needed for the decision making process has become more relevant than ever before. Within the general framework of reference the editors focus on six major issues which are: recent developments in decision-making processes; the changing pattern of the economic relations between Europe, the USA and Japan; increased international financial interdependence; the changing international investment climate; increased instability in international banking and finance; and new requirements for business competitiveness.