Showing 1 - 10 of 10
"This paper places current efforts at international economic policy coordination in historical perspective. It argues that successful cooperation is most likely in four sets of circumstances. First, when it centers on technical issues. Second, when cooperation is institutionalized - when...
Persistent link: https://www.econbiz.de/10009408552
Professor Eichengreen has published widely on the international monetary and financial system. His books include Capital Flows and Crises, and Financial Crises and What to Do About Them. Data shows that Emerging Asia relies less on bonds and more on banks than developed countries. What costs, if...
Persistent link: https://www.econbiz.de/10014488354
Persistent link: https://www.econbiz.de/10015160166
Persistent link: https://www.econbiz.de/10011666253
Persistent link: https://www.econbiz.de/10009630475
We consider the relationship between external aid and development in Mozambique from 1980–2004, identifying the specific mechanisms through which aid has influenced the developmental trajectory of the country. We undertake both a growth accounting analysis and review the intended and...
Persistent link: https://www.econbiz.de/10015384848
Persistent link: https://www.econbiz.de/10013423041
This paper analyses US–European policy interactions under different assumptions about the policy-making regime and the nature of the fiscal environment, contrasting the standard Keynesian case with an anti-Keynesian case in which government spending cuts are expansionary. When fiscal policy is...
Persistent link: https://www.econbiz.de/10005661746
This paper surveys studies of the classical Gold Standard published subsequent to Alec Ford's The Gold Standard 1880-1914: Britain and Argentina in 1962. Contributions tend either to emphasize stock equilibrium in money markets or stock-flow interactions in bond markets. The paper then addresses...
Persistent link: https://www.econbiz.de/10005791519
We develop a model of monetary and fiscal policies appropriate for considering U.S.-European policy interactions in an era of near-balanced budgets and European monetary union. We study the determinants of policy trade-offs and incentives for central banks and governments across the Atlantic....
Persistent link: https://www.econbiz.de/10005715215