This series spans the globe presenting leading research in economics. International applications and examples of economic progress are invaluable in a troubled world with economic booms bursting like so many penny balloons. Topics discussed include creating and conserving shareholder wealth in emerging markets; ethics and leadership in global environments; changes in central bank reaction functions of central and eastern European countries in the financial crisis; tax morale and perceptions on social mobility, fairness and meritocracy in Latin America; the global financial crisis revisiting industrial policy and institutional infrastructure; cigarette tax systems in Thailand and other countries; and a commentary on charitable donations and estate tax.