Similar Search Results

Is Globalization Today Really Different than Globalization a Hunderd Years Ago?

Bordo, Michael D. - 1999

for the United States but also with reference to the wider world. We establish the outlines of international integration a … century ago and analyze the institutional and informational impediments that prevented the late nineteenth century world from … achieving the same degree of integration as today. We conclude that the world today is different: commercial and financial …

Persistent link: https://www.econbiz.de/10012471593

Democracy and Globalization

Eichengreen, Barry - 2006

The connections between globalization and democracy are a classic question in international political economy and a topic much debated in foreign policy circles. While the analytical literature is extensive, few previous studies have acknowledged the possibility of bidirectional causality or...

Persistent link: https://www.econbiz.de/10012466214

Crises Now and Then : What Lessons from the Last Era of Financial Globalization

Eichengreen, Barry - 2002

international monetary framework was responsible for the relatively short-lived and mild nature of pre-World War I financial crises …

Persistent link: https://www.econbiz.de/10012469999

When Did the Dollar Overtake Sterling as the Leading International Currency? Evidence From the Bond Markets

Chitu, Livia - 2012

This paper offers new evidence on the emergence of the dollar as the leading international currency, focusing on its role as currency of denomination in global bond markets. We show that the dollar overtook sterling much earlier than commonly supposed, as early as in 1929. Financial market...

Persistent link: https://www.econbiz.de/10013107004

Lending Booms, Reserves, and the Sustainability of Short-Term Debt : Inferences from the Pricing of Syndicated Bank Loans

Eichengreen, Barry - 1999

This paper analyzes the determinants of spreads on syndicated bank lending to emerging markets, treating the loan-extension and pricing decisions as jointly determined. Compared to the bond market, our findings highlight the role of international banks in providing credit to smaller borrowers...

Persistent link: https://www.econbiz.de/10012471681

Mars or Mercury Redux : The Geopolitics of Bilateral Trade Agreements

Eichengreen, Barry - 2019

We analyze the role of economic and security considerations in bilateral trade agreements. We use the pre-World War I …

Persistent link: https://www.econbiz.de/10012891795

Cables, Sharks and Servers : Technology and the Geography of the Foreign Exchange Market

Eichengreen, Barry - 2016

global turnover of London, the world's largest trading venue, by as much as one-third …

Persistent link: https://www.econbiz.de/10012993792

Epidemic Exposure, Fintech Adoption, and the Digital Divide

Saka, Orkun; Eichengreen, Barry; Aksoy, Cevat Giray - National Bureau of Economic Research - 2021

who participates in this shift. We exploit a dataset combining Gallup World Polls and Global Findex surveys for some 250 …

Persistent link: https://www.econbiz.de/10012599296

Stability or Upheaval? The Currency Composition of International Reserves in the Long Run

Eichengreen, Barry - 2015

We investigate whether the role of national currencies as international reserves was fundamentally altered by the shift from fixed to flexible exchange rates (what we call the “upheaval hypothesis”), a view that gained adherents following the collapse of the Bretton Woods System. We extend...

Persistent link: https://www.econbiz.de/10013033055

The Anatomy of Financial Crises

Eichengreen, Barry - 1987

A financial crisis is a disturbance to financial markets. associated typically with falling asset prices and insolvency among debtors and intermediaries, which spreads through the financial system, disrupting the marketâ€™s capacity to allocate capital. In this paper we analyze the...

Persistent link: https://www.econbiz.de/10012476943