This book is an up-to-date, authoritative and comprehensive analysis of the key issues and challenges facing regional currency area projects in the context of financial globalization. The authors focus on several central issues that emerged during the experiences of the 1990s and 2000s: exchange...

This book is an up-to-date, authoritative and comprehensive analysis of the key issues and challenges facing regional currency area projects in the context of financial globalization. The authors focus on several central issues that emerged during the experiences of the 1990s and 2000s: exchange...

The number of central banks in the world is approaching 180, a tenfold increase since the beginning of the twentieth century. What lies behind the spread of this economic institution? What underlying process has brought central banks to hold such a key role in economic life today? This book...

The studies cover topics in the conceptualization, classification and stratification of public goods. Also examined are public institutional design, global economic institutions and partnership typologies. Individual papers address the financing, regulatory, organizational and legal aspects...

?At the heart of the differences between Germany and France we find several large industrial sectors: car-making, other transport equipment, electronic equipment and capital goods, metallurgy, and to a lesser extent chemicals. ? In these sectors we find: significantly higher export price...

Countries experiencing excessive inflation can use either a reduction in the growth rate of money supply (disinflation using monetary policy) or a stabilization of the exchange rate (disinflation using the exchange rate policy). In the past, the first choice proved better than the second, which...

Après avoir exposé le modèle théorique de choix de portefeuille en avenir incertain, nous essayons de comprendre les choix de portefeuille des ménages en France de 1970 à 1986, en explicitant les divergences par rapport au modèle théorique. Nous retenons une agrégation en trois actifs :...