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<Text textformat="02" language="eng">The book provides a collection of interesting analytical views on contemporaneous issues of development and international economics such as globalization, brain drain toward developed countries, the European business cycle&#8217;s impact on African economies, the importance of capital maintenance for growth, and so on. The research results provided by the authors, of whom several are &#8211; or have been &#8211; members of the Académie Louvain, can be used as starting points for further development of the various covered fields. The book turns out to be a &#8220;value-added&#8221; contribution to economic literature advances and a remarkable opportunity to honor the memory of Michel Norro, who had a long-lasting career in teaching international economics and critiquing development policies, with a special focus on those which affect African economies. People interested in African economy analysis have inherited his valuable book Économies africaines.</Text>
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<Text textformat="02">Preface&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.     9 
&#60;br&#62; 
&#60;br&#62;    List of Contributors&#8230;.&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;....   11 
&#60;br&#62; 
&#60;br&#62;    Introduction&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;  13 
&#60;br&#62;      André NYEMBWE M. 
&#60;br&#62; 
&#60;br&#62;1. Globalization: What is at Stake? &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230; 21 
&#60;br&#62;       Philippe DEVILLÉ 
&#60;br&#62; 
&#60;br&#62;2. Skilled Emigration and Development: Facts, Theory  
&#60;br&#62;    and Policy&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..  43 
&#60;br&#62;      Frédéric DOCQUIER and Hillel RAPOPORT 
&#60;br&#62; 
&#60;br&#62;3. Why Capital Maintenance is a key Development Tool? &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..   75                
&#60;br&#62;      Raouf BOUCEKKINE, Blanca MARTINEZ and Cagri SAGLAM 
&#60;br&#62; 
&#60;br&#62;4. Integration, Growth and Regional Spillovers&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..   99          
&#60;br&#62;    Joseph BARICAKO and Jean-Baptiste NTAGOMA 
&#60;br&#62; 
&#60;br&#62;5. North-South Asymmetric Relationships: Does the EMU 
&#60;br&#62;    Business Cycle Affect Small African Economies? ................................ 127 
&#60;br&#62;      André NYEMBWE M. and Konstantin KHOLODILIN 
&#60;br&#62; 
&#60;br&#62;6. About the Future of EMU...&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230; 171 
&#60;br&#62;      Natacha GILSON 
&#60;br&#62;         
&#60;br&#62;7. The Role of Human Capital in the Global Economy: 
&#60;br&#62;    The Textiles Sector...&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..  197 
&#60;br&#62;      Philippe MONFORT, Hylke VANDENBUSSCHE and Emanuele FORLANI</Text>
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