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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
Globalization is widely regarded as a means not only of ensuring efficiency and growth, but also of achieving equity … and development for those countries operating in the global economy. The book argues that this perception of globalization … faster growth and reduced poverty, which could be achieved through closer integration in the world economy …
Persistent link: https://www.econbiz.de/10011851670
The past decade has witnessed a surge in interest in the area of financial globalization and economic performance. This … Applied Economics, 1 (1), 35-54 -- Joseph E. Stiglitz (2004), 'Capital-Market Liberalization, Globalization, and the IMF …. Prasad and Marco E. Terrones (2007), 'How Does Financial Globalization Affect Risk Sharing? Patterns and Channels', IMF …
Persistent link: https://www.econbiz.de/10011852329
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
it is concluded that the deepening problems found in economies across the developed world are not due to governments …
Persistent link: https://www.econbiz.de/10011851868
G. Horwitz and William J. Luther -- 5. Policy in the absence of theory : the coming world of political economy without …
Persistent link: https://www.econbiz.de/10011852071
on to explore the continuing globalization of financial markets, including further innovations in information …
Persistent link: https://www.econbiz.de/10014437075
from world markets by a system of capital control, as a viable alternative to the conventional market centred approach. The …
Persistent link: https://www.econbiz.de/10011851549
the developing world and an exploration of its effects on those countries, particularly on each one's economic management … economies into the world economy. This well-integrated compilation of both original case studies and thematic essays will be of … socio-economic developments in the wider world. Aid workers, policy makers, and social science researchers will also find …
Persistent link: https://www.econbiz.de/10012419880
The global economy is changing rapidly and multinational corporations (MNCs) are at the forefront of this transformation. This book provides novel and profound analyses of how MNCs and emerging economies are related, and how this relationship affects the dynamics of the global economy. In...
Persistent link: https://www.econbiz.de/10011850739