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organize: World War I, Bretton Woods, 1970s Great Inflation and Managed Floating. Each turning point was characterized by …
Persistent link: https://www.econbiz.de/10012599404
The evolution of the IMS and IFS in the past several hundred years can be viewed through the lens of the Copernican heliocentric system developed over 500 years ago. We trace out the evolution across regimes of the IMS and IFS in terms of network representations of the Copernican system. We...
Persistent link: https://www.econbiz.de/10014372472
Persistent link: https://www.econbiz.de/10000109009
In this paper we first trace the changing nature of banking, currency and debt crises from the last century to the present. Each type of crisis has transmogrified in the presence of official intervention and the creation of a safety net. A similar pattern is observed for international rescue...
Persistent link: https://www.econbiz.de/10012471060
Persistent link: https://www.econbiz.de/10012586204
. We find that: (d) a sizable share of the global economy is demand-constrained under COVID-19, especially so in EMs. (e …
Persistent link: https://www.econbiz.de/10012629513
Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional …
Persistent link: https://www.econbiz.de/10012747004
For decades the world's agricultural markets have been highly distorted by national government policies, but very … restrictiveness indexes. It then exploits a global agricultural distortions database recently compiled by the World Bank to generate … a sample of 75 countries that together account for more than three-quarters of the world's production of those …
Persistent link: https://www.econbiz.de/10012747005
International currencies fulfill different roles in the world economy with important synergies across those roles. We …
Persistent link: https://www.econbiz.de/10012479732
the world and, b) heterogeneity in these regions' capacity to generate financial assets from real investments. In …
Persistent link: https://www.econbiz.de/10012466674