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The article is a commentary to Paul Einzig’s book The Comedy of the Pound Sterling. The article heavily criticizes British monetary policy after the flotation of the pound in September 1931. More generally, it takes a critical stance against the Gold Exchange Standard. The multicentral nature...
Persistent link: https://www.econbiz.de/10010786948
Reducing public sector deficits and high debt burdens in part will require an increase in net exports – which is only possible if the countries concerned are able to produce goods and services that are 'competitive' on world markets. Policies aimed at enhancing competitiveness may be offset by...
Persistent link: https://www.econbiz.de/10010857572
The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by various measures. The paper also provides empirical evidence that greater financial integration can support economic rebalancing in statistically meaningful ways. The implication...
Persistent link: https://www.econbiz.de/10009369446
The article is a commentary to Paul Einzig’s book The Comedy of the Pound Sterling. The article heavily criticizes British monetary policy after the flotation of the pound in September 1931. More generally, it takes a critical stance against the Gold Exchange Standard. The multicentral nature...
Persistent link: https://www.econbiz.de/10010575104
Persistent link: https://www.econbiz.de/10005001486
The paper investigates the determinants of business cycles synchronization across regions. It uses both international and intranational data to evaluate the linkages between trade in goods, trade in financial assets, specialization and business cycles synchronization using a system of...
Persistent link: https://www.econbiz.de/10005599637
Globalization has become the focus for a wide range of protests against various features of the world economy. This paper aims to give a concise summary of the economic dimensions of globalization, while leaving to one side other aspects—such as cultural, environmental, or political...
Persistent link: https://www.econbiz.de/10005605538
The paper describes six different methodologies that have been used to assess the equilibrium values of exchange rates and discusses their limitations. It applies several of the approaches to data for the United States as of 2006, illustrates that different approaches sometimes provide...
Persistent link: https://www.econbiz.de/10005825724
Two acquisition bids by foreign state-owned enterprises (SOEs) for Canadian resource companies have raised an array of concerns about their potential impact, ranging from worries about national security and governance standards to reciprocal access to markets. While Ottawa’s current screening...
Persistent link: https://www.econbiz.de/10010599252
The leaders of Canada and the United States have announced an ambitious vision for perimeter security and economic competitiveness between the two countries. They have charged a working group with producing a multi-year Action Plan that will turn this vision into reality. The vision is centered...
Persistent link: https://www.econbiz.de/10009293466