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This article aims to examine the theoretical foundations and practical aspects underlying the creation of a common currency based on natural resources, within the space of the Alliance of Sahel States (AES). On July 6, 2024, in Niamey, the leaders of Mali, Burkina Faso and Niger signed the...
Persistent link: https://www.econbiz.de/10015213739
The aim of this article is to examine the theoretical foundations and practical aspects underlying the creation of a common currency based on natural resources within the Alliance of Sahel States (AES). On 6 July 2024 in Niamey, the leaders of Mali, Burkina Faso and Niger signed the constitutive...
Persistent link: https://www.econbiz.de/10015213740
Some ten years ago, Michael Dooley (Dooley, 1997; Dooley, 2000) put forwardan insurance model of currency crises, which after some modifications gives a goodtheoretical basis for explanation of the overall dynamics of the post communist transformationand diversity across countries and periods. The...
Persistent link: https://www.econbiz.de/10009360479
In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation targeting). The task of our study is to compare...
Persistent link: https://www.econbiz.de/10010312036
The paper presents the evolution of monetary regimes and monetary reforms in the Soviet Union during the period following the seizure of power in October 1917 until the currency reforms carried out by the Soviet authorities in mid-1924. The studied period gives possibilities for reflection on...
Persistent link: https://www.econbiz.de/10015256499
L’article cherche à montrer que le régime monétaire particulier à Djibouti, le Currency Board, est un instrument permettant la gestion et la reproduction d’une rente géostratégique par un réseau d'acteurs nationaux (notamment les élites locales) et multinationaux (notamment les...
Persistent link: https://www.econbiz.de/10015256644
В икономическата теория на Маркс съществуват редица проблеми, един от които е за интегрирането, и за логическата връзка между теорията за парите и теорията за...
Persistent link: https://www.econbiz.de/10015259687
The article explores the relationships between capital flight, the monetary regime instability and the general institutional stability of a country, with an empirical application to Djibouti. Are constructed variables for the capital flight, indicator for the instability of Currency Board and...
Persistent link: https://www.econbiz.de/10015263897
The article explores the relationships between capital flight, the monetary regime instability and the general institutional stability of a country, with an empirical application to Djibouti. Are constructed variables for the capital flight, indicator for the instability of Currency Board and...
Persistent link: https://www.econbiz.de/10015263898
In this paper we have proposed an institutional reconstruction of the Bulgarian agricultural cooperatives’ history. The aim was to find the theoretical explanation of the complete deprivation of individuality of the agricultural cooperatives in the years of communism and their rejection...
Persistent link: https://www.econbiz.de/10015266266