Reflecting the diverse and profound changes triggered by the latest wave of economic globalization, this book highlights various governance responses at national, regional and global levels. The topics covered are wide-ranging and include economic history and development, European integration, exchange rate arrangements, industrial and labor economics, international cooperation and multilateralism, and public choice.

The book is divided into three parts: The first part, which contains contributions by Barry Eichengreen and Marc Flandreau, is devoted to economic history. The second part examines open economy macroeconomics with a focus on Europe, including contributions by Jurgen von Hagen and Paul Krugman. The third part presents contributions to international political economy, and related interdisciplinary topics.

This Festschrift is written in honor of Jorge Braga de Macedo, Professor Emeritus of Economics at the Nova School of Business and Economics and adistinguished Portuguese academic whose work has an impressive global reach. The contributions, written by a selection of international authors, deal with his oeuvre covering the wide range of topics broached in this book, as his publication record amply attests.

Luís Brites Pereira is an Assistant Professor (Adjunct)& NOVAFRICA Resident Researcher at the Nova School of Business and Economics. Previously, he was a Postdoc Research Fellow at the Tropical Research Institute and also served in public office as the Secretary of State for Foreign Affairs and Cooperation (Portugal).

Maria Eugénia Mata is an Associate Professor at the Nova School of Business and Economics, Lisbon (Portugal), where she teaches Economic History, History of Globalization, and History of Economic Thought. 

Miguel Rocha de Sousa is an Assistant Professor and Head of the Economics Department at the Universidade de Évora (Portugal), and an integrated researcher at the Center for Research in Political Science (CICP) at Minho and Évora. Miguel is also a collaborator at the Center for Advanced Studies in Management and Economics of the Universidade de Évora (CEFAGE-UE). 

Jorge Braga de Macedo as an Economic Historian: The Transition of the Portuguese Economy from the Authoritarian to the Democratic Period (1960-1979) .- Bagehot for Followers: How Did the Portuguese Lender of Last Resort Manage the First Post World War I Crisis?.- Whats in a Bond? The Value of Portugal or the Financial Origins of the Portuguese Civil War.- A Thirteenth-Century Fiscal Constitution.- Economic History and History of Economics: Complementary Approaches to Portuguese Economic Development.- US Inflation and the Imbalances of the Bretton Woods System 1965 to 1973.- The Gold Standard and the Euro: Conjoined Twins or Distant Relations?.- A Macro Stabilization Function for the Euro Area.- Towards a Sustainable Eurozone.- Fiscal Governance in the Euro Area: What Kind of Union?.- On the Limits of EU Differentiated Integration: Lessons from the Eurozone crisis and from Brexit.- The Peculiar First Semester of 2012.- The Krugman-Macedo Diagram Revisited.- Notes on a Peripheral Economy.- Tax, Climate Change and Sustainable Development: Global Problems, Global Solutions?.- International Migration and Social Network Spillovers of Political Norms.- Regulated Early Closures of Coal-Fired Power Plants and Tougher Energy Taxation on Electricity Production: Synergy or Rivalry?.- Measuring What Social Partners Do About Wages Over the Business Cycle.- Selling the View.- A Constitutional Theory of Intergenerational Equity.- International Cooperation in the Age of Populism.