In This Review

Change and Challenge in the World Economy
Change and Challenge in the World Economy
By Bela Balassa
St. Martin's, 1985, 484 pp.

The prolific Professor Balassa of Johns Hopkins and the World Bank has here brought together 20 essays dealing with the ways developing and industrial countries have responded to the shocks of the world economy since the early 1970s. The papers are full of interesting data, bright ideas and well-argued analyses.