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Due to financial market imperfections it is imperative to analyse the relationship between financial structure and the monetary policy transmission process in Europe to effectively design and implement European monetary policy. Focusing on the years 1980-1995 and providing empirical evidence for...
Persistent link: https://www.econbiz.de/10014473859
The formulation of a common European monetary policy offers an important challenge to policymakers both in Europe and around the globe. The analysis of monetary transmission mechanisms in Europe, and the US, provides insights of great importance as the institutional environment of monetary...
Persistent link: https://www.econbiz.de/10014473892
A decade after the implementation of the initial wave of economic reforms in India, the process of transforming the country into a fully developed market economy continues. A hallmark of the globalised economy is its ability to sustain competitive efficiency which, in turn, can lead to enhanced...
Persistent link: https://www.econbiz.de/10014474160
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
currency area projects in the context of financial globalization. The authors focus on several central issues that emerged …
Persistent link: https://www.econbiz.de/10011851024
The number of central banks in the world is approaching 180, a tenfold increase since the beginning of the twentieth century. What lies behind the spread of this economic institution? What underlying process has brought central banks to hold such a key role in economic life today? This book...
Persistent link: https://www.econbiz.de/10011851386
governance. The book also focuses on open economy issues such as capital flows, globalization, FDI and the Washington Consensus …
Persistent link: https://www.econbiz.de/10014474059
Although the globalization of markets and the rapid growth in worldwide information technologies supports harmonization … Asia, India, Greece, Mexico, the US and EU accession countries illustrate how differently the globalization process is … the processes of globalization and shedding light on the issues surrounding economic divergences, this book will strongly …
Persistent link: https://www.econbiz.de/10014474068
on to explore the continuing globalization of financial markets, including further innovations in information …
Persistent link: https://www.econbiz.de/10014437075
Contents: 1. Introduction: Setting up the stage -- 2. The conceptual framework -- 3. The empirical context: The global apparel value chain -- 4. The contest for value capture: Manufacturers and global brands -- 5. The contest for value capture: Labor as a claimant of value -- 6. The contest for...
Persistent link: https://www.econbiz.de/10012665642