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"This study grounds the establishment of EMU and the euro in the context of the history of international monetary cooperation and of monetary unions, above all in the U.S., Germany and Italy. The purpose of national monetary unions was to reduce transactions costs of multiple currencies and...
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, and identifies the main features of world trade and GVC participation that influence exposures to risks in supply chains …
Persistent link: https://www.econbiz.de/10012421192
As awareness of the process of globalization grows and the study of its effects becomes increasingly important to … doing exactly that and more. The first group of essays explores how the process of globalization can be measured in terms of … geography are both considered, along with the controversial issues of globalization's effects on inequality and social justice …
Persistent link: https://www.econbiz.de/10014488296
banker to the world / David Beckworth and Christopher Crowe -- A journey down the slippery slope to the European crisis : a …
Persistent link: https://www.econbiz.de/10011700987
Global trade imbalances narrowed in the aftermath of the global financial crisis. They have remained at a lower level but are still of concern to policy makers because of the risks they pose to individual economies, as well as globally. However, the ultimate causes of these imbalances are not...
Persistent link: https://www.econbiz.de/10011914188
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Economists argue that such market-based policy instruments as environmental taxes and emission trading systems are the best way to target the negative effects of pollution. Yet there is no agreement about whether the use of these instruments is sufficient, whether they are deployed efficiently,...
Persistent link: https://www.econbiz.de/10011343134
This paper quantifies the importance of different determinants of trade at the industry level using a sample of 54 OECD and non-OECD economies. The empirical methodology extends the approach of previous empirical studies to explicitly quantify the impact that trading partners’ factor...
Persistent link: https://www.econbiz.de/10010375388