This book presents contributions by leading academics and practitioners from central banks to shed light on the function and impact of cash in Asian countries. It explores the impact of cash on society, the role of cash in monetary policy, and the future of cash in various monetary systems,...

A Theoretical Framework -- Specifications and Assumptions -- Underlying Equilibrium Growth Paths -- Variations in Employment -- Some Important Implications -- Exchange Rate Overshooting -- Exchange Rate Determination -- Issues Regarding Exchange Rate Determination -- Time Series Properties of...

Preindustrial businesses: the time of the merchant -- The many paths to industrialization -- British and German businesses during industrialization -- Big and small businesses in industrializing America -- Japanese and Chinese businesses during industrialization -- American, British, and German...

This book advances a new theory of why nationalism emerged in the modern world. In particular it explains why nationalism and economic development are closely linked, and why warfare plays a crucial role in the spread of the nation-state system. It is based on qualitative and quantitative...