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on to explore the continuing globalization of financial markets, including further innovations in information …
Persistent link: https://www.econbiz.de/10014437075
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
analysis of monetary and exchange rate issues in the modern world. Monetary and Exchange Rate Systems will be extremely useful …
Persistent link: https://www.econbiz.de/10014474013
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
Although the globalization of markets and the rapid growth in worldwide information technologies supports harmonization … and integration between countries, substantial differences still exist throughout the world. Global Divergence in Trade … Asia, India, Greece, Mexico, the US and EU accession countries illustrate how differently the globalization process is …
Persistent link: https://www.econbiz.de/10014474068
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 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 comprehensive Handbook deftly examines key aspects of financial integration, providing an overview of contemporary research and new perspectives. Employing state-of-the-art econometric methods to obtain new empirical evidence, it will be critical for designing optimal policies, and...
Persistent link: https://www.econbiz.de/10014544815
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
Beginning with an assessment of new thinking in macroeconomics and monetary theory, this book suggests that many countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels. It goes on to illustrate that the explicit control of...
Persistent link: https://www.econbiz.de/10011851789