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There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long-run concepts as did Albert Ando. Expanding on years of painstaking work by Ando, the...
Persistent link: https://www.econbiz.de/10011851839
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 … in Central and Eastern Europe, Asia and Latin America; dollarization and the coordination of macroeconomic policies in …
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 examines from a transatlantic perspective how the central bank has become …
Persistent link: https://www.econbiz.de/10011851386
determination, income distribution and central bank governance. Many of these chapters share a common theme including a criticism of … the usefulness of monetary policy in fighting or targeting inflation and the questions this raises for central bank … 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
Some of the Issues', Journal of Economic Education, 15 (1), Winter, 55-69 -- Alex Cukierman (1986), 'Central Bank Behavior …
Persistent link: https://www.econbiz.de/10011852221
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
Contents: Preface: Beyond China, China, China -- PART I INTRODUCTION -- 1. Actions and Reactions -- PART II CHINA -- 2. From China's Logistics to China's Geologistics -- PART III THE SILK ROAD ECONOMIC BELT: LANDBRIDGES, ECONOMIC CORRIDORS AND DRY PORTS -- 3. Landbridging Eurasia -- 4. Secondary...
Persistent link: https://www.econbiz.de/10012416720