All of the papers included in this volume were presented at a conference held at Lancaster University and were subsequently revised in the light of the comments received from Professor Jagdish Bhagwati and others. The material in the essays is easily accessible to both the professional economist and policy makers. This volume brings together 10 essays on topical issues in international economics. Written by experts in the relevant fields each of the essays reviews the current debate on chosen issues and provides a basis for further research. Each of the essays relate to policy issues on which Professor Bhagwati has written extensively.