Der Green New Deal fordert eine radikale Umkehr der derzeitigen Weltwirtschaft einschliesslich der Verpflichtung zu Fairness und sozialer Gerechtigkeit. Er hat das Potenzial, eine der größt︢en globalen Kampagnen unserer Zeit zu werden - und er begann in Ann Pettifors Wohnung. Schon im Jahr...

The paper scrutinizes the spillover effects of expansionary monetary policies of a center economy to the macroeconomic policies of periphery countries, dependent on the exchange rate regime. In particular the impact of the US quantitative easing on the Chinese economy is analysed. The results...

This paper analyses three major problems of the current international monetary system: the asymmetric-adjustment problem, dependence on the monetary policy of the main reserveissuing country, and the large demand for self-insurance by developing countries. It then proposes two reform routes:...