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the Asian financial crisis in the late 1990s, a lengthy deliberation has ensued over whether the IMF should be reformed … sides, as well as reflecting on the history, functions, and ideology of the IMF. This unique approach gives weight to the … authors’ perspectives and their conclusion that the IMF ultimately does more harm than good. Written to analyze and contribute …
Persistent link: https://www.econbiz.de/10012397084
I. Foundation and Development of the IMF -- Ch1 Prehistory of the IMF: Debates in the UK and Anglo-American Negotiation … (M.Itoh) -- Ch2 Early Policy Formation of the IMF: in relation to the NAC (I.Suto) -- Ch3 Struggle of the IMF, 1944 … Liquidity Problem in the 1960s: IMF Board Discussions (Y.Noshita) -- Ch6 Return to Convertibility of the West European …
Persistent link: https://www.econbiz.de/10014020147
Liam Clegg provides an innovative reading of where power lies in the institutions' concessional lending operations, drawing its focus on shareholders and stakeholders from staffs' own understandings of their operational environments
Persistent link: https://www.econbiz.de/10012054320
has enjoyed since it was founded. With fascinating contributions by current and former IMF staff members, this book offers …
Persistent link: https://www.econbiz.de/10012106191
This book presents alternative macroeconomic perspectives, primarily open economy, on the limitations of discretionary fiscal policy, with a focus on government spending. Following an overview on the post-crisis Keynesian revival and of the macro-foundations needed for subsequent analysis,...
Persistent link: https://www.econbiz.de/10012397638
1. Eurozone Crises -- 2. An 'Optimal' Currency Area: What Could it Mean? -- 3. Why was the EMU Established?: Different Perspectives -- 4. Balance of Payments Imbalances have Become the Achilles Heel of the EMU -- 5. Public Sector Deficit and Debt: Cause or Effect? -- 6. Macroeconomic Imbalances:...
Persistent link: https://www.econbiz.de/10014018611
Introduction -- Sustainable Public Debt: Theory and Empirical Evidence -- Debt and Growth: A Basic Endogenous Growth Model -- Productive Government Spending, Public Debt and Growth -- Government Debt and Human Capital Formation -- Debt and Growth: Empirical Evidence -- Conclusion.
Persistent link: https://www.econbiz.de/10014021349
One of the most striking macroeconomic developments during the last three decades is the rise and persistence of large fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from recurrent large fiscal imbalances that often reflect...
Persistent link: https://www.econbiz.de/10013520531
Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from a theoretical point of view and then tests whether...
Persistent link: https://www.econbiz.de/10013521220
The Closed Economy: Absence of a Deficit Target. -- Monetary Policy -- Fiscal Policy -- Monetary and Fiscal Interaction -- Monetary and Fiscal Cooperation -- The Closed Economy: Presence of a Deficit Target -- Fiscal Policy -- Monetary and Fiscal Interaction -- Monetary and Fiscal Cooperation --...
Persistent link: https://www.econbiz.de/10013522783