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Indian currency rupee is depreciating rapidly against the US dollar and other foreign currencies. This paper analyses the major causes of this depreciation. It also discusses its cures.
Persistent link: https://www.econbiz.de/10011109724
The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and …
Persistent link: https://www.econbiz.de/10005014711
This paper addresses the perspective of Hayek’s doctrine on monetary arrangements in the economy and his favorable argument for an international central bank over national central bank. I also discussed Hayek’s view on free banking (i.e. for the free issue of bank notes) that would enable...
Persistent link: https://www.econbiz.de/10011260508
Central Bank of the Republic of Kosova (CBK), was established in June 2008, and is the successor of the Authority of Banking and Payments of Kosovo and the Central Banking Authority of Kosovo. Main Functions of the Central Bank of Kosovo are: • Drafting and implementation of monetary policy,...
Persistent link: https://www.econbiz.de/10008685170
A graph representation of the financial relations in a given monetary structure is proposed. It is argued that the graph of debt-liability relations is naturally organized and simplified into a tree structure, around banks and a central bank. Indeed, this optimal graph allows to perform payments...
Persistent link: https://www.econbiz.de/10011262872
The main objective of this study is to investigate the long run trade-off between unemployment and inflation in Egypt … analysis confirm a positive relationship between changes in inflation rate and unemployment gap in the long run, which is … consistent with “Locus Critique” where a policy of inflation would fail to reduce the unemployment rate in the long run, because …
Persistent link: https://www.econbiz.de/10011108182
The first stage of the plan for rescuing French banks in October 2008 rules that a special company owned by the State and the banks will borrow on the “markets” with the State warranty. The money collected will be lent to the banks so that they can finance economy. This is curious because...
Persistent link: https://www.econbiz.de/10011111255
In recent years, many developing countries having a history of high inflation, unfavorable balance of payment situation …
Persistent link: https://www.econbiz.de/10008871293
The monetarism, as I have tried to outline in this work is based on the ideas of the American professor Milton Friedman, who tried to revitalize and reconfigure the old quantity theory of money. These ideas were transposed and discussed by authors like Ion Pohoață, Tiberiu Brăilean or Al....
Persistent link: https://www.econbiz.de/10009325676
The late Prof. Hans Van Werveke, in two very contentious articles, had contended that the monetary policies of Count Lodewijk van Male (Louis de Male) ‘had checked, for some time at least, the decay of the Flemish cloth industry’ by allowing its industrial entrepreneurs (weaver-drapers) to...
Persistent link: https://www.econbiz.de/10005790245