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The trading between currencies in Islam when both parties’ responsibilities are postponed to the future has been regarded as non-halal or un-islamic. Since there are many controversies in the area of currency, there have been suggestions to enhance investments in gold to avoid the element of...
Persistent link: https://www.econbiz.de/10011185385
different movements of paired currencies (US index-US Gold, US Gold-Euro Gold, US Gold-Ringgit Gold, and Euro Gold-Pound Gold …
Persistent link: https://www.econbiz.de/10011185386
the end of Pax Americana and the beginning of something else, possibly a Pax Europea, led by the strength of the euro … performance of these two economic blocs. While the current exchange rate between the US dollar and the euro has been considered a … worried. The strength of the euro is becoming irritating for the Eurozone and, nevertheless, the weakness of the US dollar is …
Persistent link: https://www.econbiz.de/10005789886
This paper investigates the dynamic implications of Krugman’s (1999) model of financial crises with balance-sheet effects, which has a considerable impact on the literature as well as the teaching of international financial crisis. By explicitly taking account of wealth accumulation and...
Persistent link: https://www.econbiz.de/10008529247
States Dollar and the Euro relations as well as the fundamentals behind monetary assets. It brings to light the relationship …
Persistent link: https://www.econbiz.de/10008565966
The aim of this short paper is to discuss the future of the European Monetary Union (EMU) departing from the current financial crisis. In particular, we focus on its effects on the prospects for the EMU integration or disintegration.
Persistent link: https://www.econbiz.de/10011114561
One solution to the euro crisis as a debt crisis can be found in stimulating economic growth. The Troika has proposed … wages only will not solve the euro crisis. Only in the case of Greece, Europe’s biggest 'problem child', would a general …
Persistent link: https://www.econbiz.de/10011258799
of a future Europe without the Euro as state of political and economic marginalisation. I am contrasting this vision by … demanding European values and civic duties that make the common currency Euro sustainable: solidarity among Europeans and … Euro als Zustand von politischer und wirtschaftlicher Bedeutungslosigkeit. Dagegen stelle ich europäische Werte und …
Persistent link: https://www.econbiz.de/10011259362
French taxpayer. In the aftermath of the devaluation of the Franc CFA in 1994, and of the peg of the currency to the Euro in …
Persistent link: https://www.econbiz.de/10005260329
European Monetary Union and the introduction of the euro as a single currency in the late 1990s. Finally, the study also …
Persistent link: https://www.econbiz.de/10009323468