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damage from exchange rate liquidity shocks because we do not live in the fairyland of a single global currency. The …, Hitler, a world war, then a Korean war were all needed to make the fiscal stimulus mighty enough to restore US employment … after the 1930s global meltdown from exchange rate liquidity shocks. Needed are employment-generating fiscal stimulus in …
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-optimizing approach to the current account : theory and evidence / Assaf Razin -- International capital mobility in the 1990s / Maurice … the making of national macroeconomic policies : where do we stand? / Ralph C. Bryant -- The political economy of monetary … union / Charles A.E. Goodhart -- What do we need to know about the international monetary stystem? / Paul R. Krugman …
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