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The current account deficit of the United States is more than six percent of its gross domestic product—an all-time high. And the rest of the world, including other G7 countries such as Japan and Germany, must collectively run current account surpluses to finance this deficit. How long can such unevenness between imports and exports be sustained, and what form might their eventual reconciliation take? Putting forth scenarios ranging from a gradual correction to a crash landing for the dollar, G7 Current Account Imbalances brings together economists from around the globe to consider the origins, status, and future of those disparities.

An esteemed group of collaborators here examines the role of the bursting of the dot-com bubble, the history of previous episodes of current account adjustments, and the possibility of the Euro surpassing the dollar as the leading international reserve currency. Though there are areas of broad agreement—that the imbalances will ultimately decline and that currency revaluations will be part of the solution—many areas of contention remain regarding both the dangers of imbalances and the possible forms of adjustment. 

This volume will be of tremendous value to economists, politicians, and business leaders alike as they look to the future of the G7 economies.

Because of the rapid spread of permitted gambling, social scientists have begun to examine a variety of associated impacts. This volume offers a selection of such analysis of modern gambling and its implications for society. By adding to the knowledge about the consequences of permitted gambling, such research should aid the future public policy process. Distributed for the Institute for the Study of Gambling.

The prehistoric agricultural systems of the New World provided the foundations for a diverse set of complex social developments ranging from the puebloan societies of the American Southwest to the archaic state polities of Mesoamerica and the Andean region. From the tropical forests of Central America to the arid environments or northern New Mexico, Native American farmers made use of a distinctive set of cultigens and cropping systems that supported—with varying degrees of success—growing populations and expanding economies. Lacking most domesticated animals, so important to the mixed agricultural systems of the Old World, Precolumbian farmers developed intensive and resilient systems of agricultural production. These systems supported large societies of people who altered the landscapes they inhabited and generated a unique archaeological record of the evolution of farming in the New World.

Today, as married women commonly pursue careers outside the home, concerns about their ability to achieve equal footing with men without sacrificing the needs of their families trouble policymakers and economists alike. In 1993 federal legislation was passed that required most firms to provide unpaid maternity leave for up to twelve weeks. Yet, as Gender and Family Issues in the Workplace reveals, motherhood remains a primary obstacle to women's economic success. This volume offers fascinating and provocative new analyses of women's status in the labor market, as it explores the debate surrounding parental leave: Do policies that mandate extended leave protect jobs and promote child welfare, or do they sidetrack women's careers and make them less desirable employees? An examination of the disadvantages that women—particularly young mothers—face in today's workplace sets the stage for the debate. Claudia Goldin presents evidence that female college graduates are rarely able to balance motherhood with career track employment, and Jane Waldfogel demonstrates that having children results in substantially lower wages for women. The long hours demanded by managerial and other high powered professions further penalize women who in many cases still bear primary responsibility for their homes and children. Do parental leave policies improve the situation for women? Gender and Family Issues in the Workplace offers a variety of perspectives on this important question. Some propose that mandated leave improves women's wages by allowing them to preserve their job tenure. Other economists express concern that federal leave policies prevent firms and their workers from acting on their own particular needs and constraints, while others argue that because such policies improve the well-being of children they are necessary to society as a whole. Olivia Mitchell finds that although the availability of unpaid parental leave has sharply increased, only a tiny percentage of workers have access to paid leave or child care assistance. Others caution that the current design of family-friendly policies may promote gender inequality by reinforcing the traditional division of labor within families. Parental leave policy is a complex issue embedded in a tangle of economic and social institutions. Gender and Family Issues in the Workplace offers an innovative and up-to-date investigation into women's chances for success and equality in the modern economy.

This collection of essays examines the central, yet often overlooked, role played by women in the formation of the social gospel movement in the late nineteenth and early twentieth centuries.
A practical theological response to the stark realities of poverty and injustice prevalent in turn-of-the-century America, the social gospel movement sought to apply the teachings of Jesus and the message of Christian salvation to society by striving to improve the lives of the impoverished and the disenfranchised. The contributors to this volume set out to broaden our understanding of this radical movement by examining the lives of some of its passionate and vibrant female participants and the ways in which their involvement expanded and enriched the scope of its activity.
In addition to examining the lives of individual women, the essays in Gender and the Social Gospel contain broader analyses of the gender and racial issues that have caused the histories of movements such as the social gospel to be viewed almost exclusively in terms of their male, European-American, intellectual participants at the expense of the women, African Americans, and Canadians whose contributions were just as worthy of attention.
 

Pulitzer Prize-winning author Louis Menand begins this wide-ranging volume with an essay that extols diversity and warns of the dangers of modifying the human genome. Nora Groce reviews the ways that societies have defined disability and creates an interpretive framework for discussing the relationship between culture and disability.

     In essays devoted to historical perspective, Brian H. Greenwald comments upon the real “toll” taken by A. G. Bell’s insistence upon oralism, while Joseph J. Murray weighs the nineteenth-century debate over whether deaf-deaf marriages should be encouraged. John S. Schuchman’s chilling account of deafness and eugenics in the Nazi era adds wrenching reinforcement to the impetus to include disabled people in genetics debates.

     Mark Willis offers an intensely personal reflection on the complexities of genetic alteration, addressing both his heart condition and his blindness in surprisingly different ways. Anna Middleton extends Willis’s concepts in her discussion of couples currently considering the use of genetic knowledge and technology to select for or against a gene that causes deafness.

     In the part on the science of genetics, Orit Dagan, Karen B. Avraham, Kathleen S. Arnos, and Arti Pandya clarify the choices presented by genetic engineering, and geneticist Walter E. Nance emphasizes the importance of science in offering individuals knowledge from which they can fashion their own decisions. In the concluding section, Christopher Krentz raises moral questions about the ever-continuing search for human perfection, and Michael Bérubé argues that disability should be considered democratically to ensure full participation of disabled people in all decisions that might affect them.

Geography and Ownership as Bases for Economic Accounting provides a forum for leading specialists in trade and international economics to explore whether changes in the world economy have increased the usefulness of international accounts drawn up on the basis of ownership rather than on geography. The papers in this volume suggest that ownership-based national accounts are helpful in understanding trade and financial transactions among globalized enterprises. Individual chapters emphasize this perspective through accounting exercises, studies of individual countries, and studies of foreign direct investment and its relation to national economies.

This volume gives trade and international economists the data and resources to renew discussion of this timely issue.

Global Health in Africa is a first exploration of selected histories of global health initiatives in Africa. The collection addresses some of the most important interventions in disease control, including mass vaccination, large-scale treatment and/or prophylaxis campaigns, harm reduction efforts, and nutritional and virological research.The chapters in this collection are organized in three sections that evaluate linkages between past, present, and emergent. Part I, “Looking Back,” contains four chapters that analyze colonial-era interventions and reflect upon their implications for contemporary interventions. Part II, “The Past in the Present,” contains essays exploring the historical dimensions and unexamined assumptions of contemporary disease control programs. Part III, “The Past in the Future,” examines two fields of public health intervention in which efforts to reduce disease transmission and future harm are premised on an understanding of the past.

This much-needed volume brings together international experts from the disciplines of demography, anthropology, and historical epidemiology. Covering health initiatives from smallpox vaccinations to malaria control to HIV campaigns, Global Health in Africa offers a first comprehensive look at some of global health’s most important challenges.

The development of medicine in Southeast Asia over the past two centuries has not been a simple imposition of European scientific medicine, but a complex and negotiated process that drew on Southeast Asian health experts, local medical traditions, and changing national and popular expectations. The contributors to this volume show how the practices of health in Southeast Asia over the past two centuries were mediated by local medical traditions, colonial interests, governments and policies, international interventions, and by a wide range of health agents and intermediaries. Their findings call into question many of the claims based on medicalization and biopolitics that treat change as a process of rupture. While governments, both colonial and national, instituted policies that affected large numbers of people, much health care remained rooted in a more interactive and locally-mediated experience, in which tradition, adaptation and hybridization is as important as innovation and conflict. "Semi-subaltern" Western-trained doctors and varied traditional healers, many of them women, were among the cultural brokers involved in the building of healthcare systems, and helped circulate mixed practices and ideas about medicine and health even as they found their place in new professional and social hierarchies in an era of globalization.

As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. Despite the importance of the topic, few attempts have been made to present a long-term economic analysis of the phenomenon, one that frames the issue by examining its place in the long history of international integration.

This volume collects eleven papers doing exactly that and more. The first group of essays explores how the process of globalization can be measured in terms of the long-term integration of different markets-from the markets for goods and commodities to those for labor and capital, and from the sixteenth century to the present. The second set of contributions places this knowledge in a wider context, examining some of the trends and questions that have emerged as markets converge and diverge: the roles of technology and geography are both considered, along with the controversial issues of globalization's effects on inequality and social justice and the roles of political institutions in responding to them. The final group of essays addresses the international financial systems that play such a large part in guiding the process of globalization, considering the influence of exchange rate regimes, financial development, financial crises, and the architecture of the international financial system itself.

This volume reveals a much larger picture of the process of globalization, one that stretches from the establishment of a global economic system during the nineteenth century through the disruptions of two world wars and the Great Depression into the present day. The keen analysis, insight, and wisdom in this volume will have something to offer a wide range of readers interested in this important issue.

God, Sex, Science, Gender: An Interdisciplinary Approach to Christian Ethics is a timely, wide-ranging attempt to rescue dialogues on human sexuality, sexual diversity, and gender from insular exchanges based primarily on biblical scholarship and denominational ideology. Too often, dialogues on sexuality and gender devolve into the repetition of party lines and defensive postures, without considering the interdisciplinary body of scholarly research on this complex subject. This volume expands beyond the usual parameters, opening the discussion to scholars in the humanities, social sciences, and natural sciences to foster the development of Christian sexual ethics for contemporary times.

Essays by prominent and emerging scholars in the fields of anthropology, sociology, psychology, philosophy, literary studies, theology, and ethics reveal how faith and reason can illuminate our understanding of human sexual and gender diversity. Focusing on the intersection of theology and science and incorporating feminist theory, God, Science, Sex, Gender is a much-needed call for Christian ethicists to map the origins and full range of human sexual experience and gender identity. Essays delve into why human sexuality and gender can be so controversial in Christian contexts, investigate the complexity of sexuality in humans and other species, and reveal the implications of diversity for Christian moral theology.

Contributors are Joel Brown, James Calcagno, Francis J. Catania, Pamela L. Caughie, Robin Colburn, Robert Di Vito, Terry Grande, Frank Fennell, Anne E. Figert, Patricia Beattie Jung, Fred Kniss, John McCarthy, Jon Nilson, Stephen J. Pope, Susan A. Ross, Joan Roughgarden, and Aana Marie Vigen.

This collection of recent work in Head-Driven Phrase Structure Grammar focuses on interfaces between different grammatical components; its fifteen papers explore interface phenomena such as auxiliary contraction in English, analysis of illocutionary force in HPSG, syntactic and semantic aspects of Korean relative clause formation, negation in Welsh, and several others.

The contributors to this volume analyze the growth experiences of Japan, Korea, China, Hong Kong, Singapore, and Taiwan in light of the recently developed endogenous growth theory to provide an understanding of the economic boom in East Asia.

The theory explored in this volume attributes the phenomenal economic success of these countries to, among other factors, the role of an outward orientation—a focus on exporting rather than on protecting home markets. In addition, the importance of exchange rate behavior, of the supportive role of government policy, and of the accumulation and promotion of physical and human capital are explored in detail. This collection also examines the extent to which growth in each country became self-sustaining once it began.

Demonstrating the relevance of endogenous growth theory for studying this important region, this fourth volume in the NBER-East Asia Seminar on Economics series will be of interest to observers of East Asian affairs.

Considering the examples of Australia and the Pacific Rim, Growth and Productivity in East Asia offers a contemporary explanation for national productivity that measures contributions not only from capital and labor, but also from economic activities and relevant changes in policy, education, and technology.

Takatoshi Ito and Andrew K. Rose have organized a group of collaborators from several Asian countries, the United States, and other parts of the globe who ably balance both macroeconomic and microeconomic study with theoretical and empirical approaches. Growth and Productivity in East Asia gives special attention to the causes for the unusual success of Australia, one of the few nations to maintain unprecedented economic growth despite the 1997 Asian financial crisis and the 2001 global downturn. A new database comprising eighty-four Japanese sectors reveals new findings for the last thirty years of sectoral productivity and growth in Japan. Studies focusing on Indonesia, Taiwan, and Korea also consider productivity and its relationship to research and development, foreign ownership, and policy reform in such industries as manufacturing, automobile production, and information technology.