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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
also serve as a useful guide to governments involved in capital liberalization in other parts of the world such as Latin …
Persistent link: https://www.econbiz.de/10014474150
for the developing world and the future of the sovereign debt market -- pt. 3. The evolving debate of capital account …
Persistent link: https://www.econbiz.de/10011850656
during the experiences of the 1990s and 2000s: exchange rate regimes and optimal currency area theory; exchange rate regimes …
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
This book combines currency matters with competitiveness considerations, with a view to raising the understanding of exchange rate dynamics and to analysing the role of exchange rates in reinforcing economic competitiveness
Persistent link: https://www.econbiz.de/10011852040
works on the theory of banking crises. It also covers specialized topics, with sections on currency crises and financial …, 110 (460), January, 236-55 -- Douglas W. Diamond and Raghuram G. Rajan (2006), 'Money in a Theory of Banking', American …
Persistent link: https://www.econbiz.de/10011852214
', Economic Journal, XXVI (101), March, 62-5 -- Gustav Cassel (1920), 'Further Observations on the World's Monetary Problem …
Persistent link: https://www.econbiz.de/10011852259
hypothesis, an evaluation of the Brady Plan, and how to attract foreign direct investment. This is followed by essays on … considered include New Zealand's experience with a pure float, the use of the theory of optimal currency areas to assess whether … contribution to understanding international monetary problems in the developing world …
Persistent link: https://www.econbiz.de/10014473937
to shed new light on the merits of different exchange rate systems. Since the golden age before the First World War, the … the First World War to the present day. They discuss the forces that have brought about change in order to determine how …
Persistent link: https://www.econbiz.de/10014473990