Part I: A History of Banking -- 1.A brief history of money and credit -- 2.Banking in the 20th Century -- Part II: How Banking Works -- 3.Money and Inflation -- 4.Money and Banking -- 5.Banking and the economy -- 6.Investment Banking -- 7.Banking in Crisis -- 8.Financial Instability -- Part III:...

While paramount to the modern economy, understanding how the banking system works has been usually cast aside from overall economic education. Even in the aftermath of the recent financial crisis, which has underlined the vital importance of banking in the economy, the workings of the sector...

Overview -- Issues and challenges of international monetary reform -- East Asia perception of the global safety net, IMF -- Use of national currencies for trade settlement in East Asia : a proposal -- Shaping the future of the IMS : regionalization of selected Asian currencies -- Conclusion

"Faced with the prospect of a new Great Depression in 2008 when the collapse of Lehman Brothers set off a global panic, the Treasury Department, the Federal Reserve, the Federal Deposit Insurance Corporation, and other agencies took extraordinary measures to contain the damage and steady the...