. Even the currencies of poor nations are galloping upward in $ parity, because they are linked to Euro. This is due to USA …

The purpose of this paper is to put the future of the US dollar into a logical framework which comprises the global … development mechanism. Two models of growth collide: the US «locomotive», based on the international use of the dollar, and which …

participating in EMU. The focus is on substitution between dollar and euro balances in the three basic functions of money – unit of … between a domestic currency and aggregate foreign currency balances, we look for substitution between the dollar and the euro … dynamics of the euro and dollar as substitute foreign currencies. …

origins of the high yen. It analyses the influence of interest rates, prices and foreign exchange policy on the yen-dollar …During the 1990’s the Japanese yen proved astonishingly strong despite the persisting recession. This paper tracks the …. Since prices have been exerting their influence on the Japanese currency in the long run, the high yen is explained with …

The paper analyses the causality between the Japanese-US relative export prices and the yen-dollar exchange rate. It … explains why the Japanese yen proved strong even during the economic slump of the 1990s. The paper suggests that the … appreciation of the Japanese yen forced the Japanese enterprises into price reductions and productivity increases, which put a …

the EMU macroeconomic policies lie in their potential to achieve full employment and low inflation in the euro area. We … conclude that the institutional and policy arrangements surrounding the EMU and the euro are neither adequate for dealing with … decipher the type of economic analysis and macroeconomic policies of the Economic and Monetary Union (EMU) theoretical and …

, including the marked swings in the dollar value of the euro. There is, however, lack of transparency with regard to the monetary … changeover in 1999 to EMU and its implications for Austria's economic policy strategy are evaluated. With regard to the critique … that the ECB had no other choice given the credibility gap at the start of EMU and the economic circumstances of the time …