This paper explore more than 30 years of ideas on the issues surrounding the selection and assessment of exchange rate regimes. It will attempt to provide a comprehensive overview on the theoretical and empirical analysis of the selection and assessment of exchange rate regimes, exposing and...

This paper aims at uncovering the different channels through which de facto financial openness affects economic growth and its components. The results herein indicate that de facto measures of financial openness (as proxied by different types of capital inflows) stimulate economic growth. In...

Abstract This is the 2008 Edition of one of only two book in print in the world about the Single Global Currency, and is the only book in the world priced in 141 currencies (down from 147 in the 2006 edition.).This number is significant, as it's the number of currencies required among the 192...

Central banks can play an important role in facilitating and promoting regional economic and monetary integration. Examples are the European monetary union and a more recent initiative by a group of Asian central banks to boost liquidity in local bond markets in Asia through the “Asian Bond...

Over viewing the most recently evolutions throughout global economy, this study conceive that the collateral effects of economical globalization and market integration, represents the main issues debated in specialized professional or political circles. The unanimous impression underlines the...

This study is meant to underline some contemporary and stringent global problems, related to the international monetary system area and its crises. In the last 3 decades, this subsystem of global economy becomes the most important and the most instable as well. The last contagious monetary or...

This paper updates economic size rankings and quota formulas derived from the principal components approach to quota formulation at the IMF developed by Nguéma-Affane (2008). Using available annual sets of quota data up to 2011, the paper shows that the top 10 countries remained broadly stable...

This paper explains the evolution of the International Monetary Fund’s mandate and discusses its role in supporting countries experiencing a macroeconomic crisis. We consider the conditionality attached to its loans and why it is convenient in some regards. Even though its operations and...

This is the only book in print in the world about the single global currency, and is the only book in the world priced in 147 currencies. It describes the origins of the current worldwide foreign exchange system, and tells how to change it; and save the world - trillions. The multicurrency...

International capital markets have grown to be a major force shaping today's world economy, presenting a range of opportunities and threats to developing countries. Capital market liberalization created large pools of much-needed capital that developing economies could access, but tapping these...