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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
pt. I. Financial globalization and world money -- pt. II. Currency crises and bailouts -- pt. III. Growth and the …
Persistent link: https://www.econbiz.de/10011851797
This book aims to integrate the notions of contagion in epidemiology and contagion in financial market crises to discover why emerging markets are so susceptible to financial crises. The author first provides a brief introduction of the contagious spill-over of recent financial market crises and...
Persistent link: https://www.econbiz.de/10014474085
"Dollar hegemony is a defining structural feature of the modern international financial order, and it confers significant economic and political privileges on the US. This book explores the political economic foundations of and prospects for dollar hegemony"--
Persistent link: https://www.econbiz.de/10014466841
"In this incisive fifth edition of Financial Crises and Recession in the Global Economy, Roy E. Allen examines the major financial instabilities, crises, and evolutionary trends since the 1970s and through the recent Covid-19 pandemic. Providing empirical research on the relation between money...
Persistent link: https://www.econbiz.de/10014437075
Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price...
Persistent link: https://www.econbiz.de/10011850688
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
contribution to understanding international monetary problems in the developing world …
Persistent link: https://www.econbiz.de/10014473937
The contributors to this book, from the US and Japan, explore the main issues involved in the international trade, foreign direct investment, and macro/financial relations of the United States and Japan and provide guidance to policymakers for measures to help overcome Japan's economic...
Persistent link: https://www.econbiz.de/10014474170
South. Encouraged by recent successful opposition to neoliberalism, the authors finally propose ideas for a world where … Consensus' -- 5. Aid to development and the bipolar world -- 6. ODA after the Cold War : less money at tougher conditions -- 7 … -- 13. Textiles and apparel : double standards of adjustment and transition -- 14. Towards a more equal world order …
Persistent link: https://www.econbiz.de/10011852069