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This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...
Persistent link: https://www.econbiz.de/10011850704
Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price...
Persistent link: https://www.econbiz.de/10011850688
East Asia and Latin America. Written over the last four years, these papers are readily accessible and of immediate policy … Asian countries should peg to the Yen, institutional features of macroeconomic management in Asia, and how Latin America … contribution to understanding international monetary problems in the developing world …
Persistent link: https://www.econbiz.de/10014473937
analysis of monetary and exchange rate issues in the modern world. Monetary and Exchange Rate Systems will be extremely useful …
Persistent link: https://www.econbiz.de/10014474013
This book, written by an international team of economists, develops concrete, country specific alternatives to inflation targeting, the dominant policy framework of central bank policy that focuses on keeping inflation in the low single digits to the virtual exclusion of other key goals such as...
Persistent link: https://www.econbiz.de/10011851035
"This ground-breaking book analyses the severe monetary policy challenges facing Latin American countries. Contributors reflect on how these issues should be addressed by policy-makers, identifying the need for a synergic response from regional central banks. Arguing that the challenges...
Persistent link: https://www.econbiz.de/10014437071
"Central Banking, Monetary Policy and Gender uniquely explores the ways in which monetary policies, changes in interest rates and unconventional monetary strategies such as quantitative easing affect women. This groundbreaking book analyses the inner organisation of central banks, considering...
Persistent link: https://www.econbiz.de/10014544814
in Central and Eastern Europe, Asia and Latin America; dollarization and the coordination of macroeconomic policies in …
Persistent link: https://www.econbiz.de/10011851024
This book explores the characteristics of inflations, comparing historical cases from Roman times up to the modern day. High and moderate inflations caused by the inflationary bias of political systems and economic relationships – and the importance of different monetary regimes in containing...
Persistent link: https://www.econbiz.de/10011851086
pt. I. Financial globalization and world money -- pt. II. Currency crises and bailouts -- pt. III. Growth and the …
Persistent link: https://www.econbiz.de/10011851797