. These findings suggest that the Korean economy can be significantly affected by a few countries that are highly linked …

resource curse"" and can feed the theory of the ""Paradox of Plenty."" The case is made that regional institutional …

Two economists designed the main features of the charter of the IMF during World War II: John Maynard Keynes and Harry …

The international monetary system is largely the product of negotiations during World War II between U.S. and U …

This paper develops a theory of international currency portfolios that holds in general equilibrium, and that is … rationalized by assuming large public sector borrowing from foreign governments. (3) For a baseline economy with zero net foreign … short (long) position in foreign currency. (4) A fiscal theory of exchange rate determination is compatible with general …

movements as from the structure and behavior of Japanese economy. The history of the pound-sterling and the U.S. dollar reveals … arrangement. Seen from the foreign economic relations, it is not possible for Japan to own a key-currency independent from the U …