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,...

Why is the policy of no alternatives so dangerous? -- What does "crisis policy" mean and why do its consequences have a disintegrative effect? -- What are the costs of the low interest rate policy? -- How much was the debt relief for Greece really? -- To what extent do national additional money...

Where is a liability union already evident today? -- To what extent is the reconstruction fund the blueprint for a fiscal-centralist European Monetary Fund? -- Is debt relief coming? -- Are Greek "geuros" and Italian "minibots" as government money the solution? -- Why are national parallel...

Die Auswirkungen der Asien-Krise auf die wirtschaftliche Entwicklung der betroffenen Entwicklungs- und Schwellenländer haben in Teilen der Öffentlichkeit zu einer skeptischen Einschätzung der Wohlstandsgewinne einer "globalisierten Weltwirtschaft" geführt. Dieser Integrationspessimismus hat...

The contributors expertly provide a comparative perspective on regional integration in different regions of the world while at the same time analysing the various facets of integration, relating to trade, FDI, finance and monetary policies. They provide a comprehensive treatment of the subject...

This highly accessible book explains the theoretical, historical and political background of the North American Free Trade Agreement (NAFTA), its impact and the debates surrounding its existence. In addition the authors provide a brief introduction to the theory of economic integration as well...

Part One What is the Belt and Road Initiative -- Part Two What can the Belt and Road Initiative Do -- Part Three The Belt and Road in History -- Part Four What did we Benefit from the Belt and Road in History -- Part Five How will Different Industries Participate in the Belt and Road Initiative...

1. Introduction -- 2. Economics Policies, Paradigm Shifts and their Implications -- 3. Economic Development and the Belt and Road Initiative -- 4. Regional Integration, Trade and the Belt and Road Initiative -- 5. The Development of Infrastructure and Economic Growth -- 6. Projects of the Belt...

1. Introduction -- 2. The Changing International Financial System -- 3. International Economic Growth -- 4. The Effects of the Belt and Road Initiative on China's Domestic Economy -- 5. Effects of the Belt and Road Initiative on the Domestic Economies of Participating Countries -- 6. Effects of...

This book examines the direction of the BRICS association. Beginning with historical analyses of the broader Global South and the fundamental composition of the BRICS countries and then moving on to present trends, The BRICS Order evaluates the variables that will influence the association's...