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Die Beschlüsse von Maastricht zur Einführung einer gemeinsamen europäischen Währung erzeugten unterschiedlichste Reaktionen in Öffentlichkeit und Wissenschaft: Während die einen von einer "Vision für Europa" sprachen, warnten andere vor einem "gefährlichen Irrweg". Auch heute noch...
Persistent link: https://www.econbiz.de/10011402081
"Principles of International Finance and Open Economy Macroeconomics presents a macroeconomic framework for understanding and analyzing the global economy from the perspectives of emerging economies and developing countries. Unlike most macroeconomic textbooks, which typically emphasize issues...
Persistent link: https://www.econbiz.de/10011284898
This book is for anyone who is interested in the economic analysis of the future of the international monetary system and the USD, and the rising importance of the RMB. It points out the unsustainability of the dollar standard in the long run, that China has unique incentives to internationalize...
Persistent link: https://www.econbiz.de/10013272521
Persistent link: https://www.econbiz.de/10013176146
This book presents contributions by leading academics and practitioners from central banks to shed light on the function and impact of cash in Asian countries. It explores the impact of cash on society, the role of cash in monetary policy, and the future of cash in various monetary systems,...
Persistent link: https://www.econbiz.de/10012397270
This book collects expert opinions, research, and risk assessments from within the Chinese financial policy establishment on prospects for the internationalization of the renminbi as a reserve currency around the world. As China's economy diversifies in the acquisition of global assets, the...
Persistent link: https://www.econbiz.de/10012397338
Persistent link: https://www.econbiz.de/10011688410
Economic and Monetary Union in Europe brings together contributions from leading specialists which explain and evaluate the most important implications of economic and monetary union. The book examines theoretical aspects of monetary integration, illustrates the historical lessons to be learned...
Persistent link: https://www.econbiz.de/10011850608
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
This book is an up-to-date, authoritative and comprehensive analysis of the key issues and challenges facing regional currency area projects in the context of financial globalization. The authors focus on several central issues that emerged during the experiences of the 1990s and 2000s: exchange...
Persistent link: https://www.econbiz.de/10011851024