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A recent contribution to the literature argues that the present international monetary system in many ways operates like the Bretton-Woods system. Asia is the new periphery of the system and pursues an export-led development strategy based on undervalued exchange rates and accumulated foreign...
Persistent link: https://www.econbiz.de/10014080312
propose the foundation of a Green Bretton Woods System. A Green World Central Bank (GWCB) would be allowed to create its own …
Persistent link: https://www.econbiz.de/10014081368
This paper investigates the U.S. dollar's role as the international currency of choice as a key contributing factor in critical global developments that led to the crisis of 2007–09, and considers the future role of the dollar as the global economy emerges from that crisis. It is argued that...
Persistent link: https://www.econbiz.de/10013095114
Abstract: Seeking a new currency system after Gold Currency System, gravitate towards a new international architecture. This urgency arises from the deep problems and concerns for the future that are created by the crisis. Actually, the reason behind the first BW system's success was hope of...
Persistent link: https://www.econbiz.de/10013095433
This work is aiming primarily at discussing the thesis that the search for new currency systems in World Economy is not … developing countries and Economy of Turkey will be focused on. Considering that the world trade volume and movements of currency … foundations such as IMF, World Bank, Unido, OECD and UNCTAD. For instance, we have to opportunity to explain, why in spite of its …
Persistent link: https://www.econbiz.de/10013095438
Persistent link: https://www.econbiz.de/10002132384
International Bank for Reconstruction and Development (the World Bank), continue to play significant roles in the global economy …
Persistent link: https://www.econbiz.de/10014155634
Persistent link: https://www.econbiz.de/10014231917
When turmoil strikes world monetary and financial markets, leaders invariably call for 'a new Bretton Woods' to prevent … -- Chapter 2: The World Comes to the White Mountains -- Chapter 3: The Improbable Rise of Harry White -- Chapter 4: Maynard …
Persistent link: https://www.econbiz.de/10012683490
The previously documented trend toward more co- and multi-authored research in economics is partly (perhaps 20 percent) due to different research styles of scholars in different birth cohorts (of different ages). Most of the trend reflects profession-wide changes in research style. Older...
Persistent link: https://www.econbiz.de/10010477885