Hong Kong SAR is now highly unusual as a large economy running a currency board system that pegs the Hong Kong Dollar …

be harmful to the economy as a whole, the author argues that free market deflation is liberating and beneficial. Several … War and the bank credit deflation in Germany during the Great Depression are discussed to illustrate the points made in …This book analyses the causes and consequences of deflation. In contrast to the widespread believe that deflation would …

The US is slowly recovering from the aftermath of the burst of the 'new economy' bubble - which was one of the worst in … of the 'new economy' bubble and investigate the impact on financial markets …

of Iceland's financial system, about the economy. What did and didn't they see coming, and why? …

This book examines the struggles of the Japanese economy over the last 30 years, analyzing in detail the formation of … stagnation and chronic deflation, with the aim of identifying the mechanism of such processes and drawing lessons for future … international economy up to March 2017. He has been teaching at the Tokyo Woman’s Christian University since April 2017. He was a …

detailed insights into Germany’s financial system; it also takes a broader perspective on finance and connects it with current … macroeconomic developments in Germany … the 1980s - a Quantitative Overview -- The Institutional Structure of the German Financial System -- Germany’s Integration …