In September 1985, emissaries of the world's five leading industrial nations-the United States, Britain, France, Germany, and Japan-secretly gathered at the Plaza Hotel in New York City and unveiled an unprecedented effort to correct the largest set of current account and exchange rate imbalances that had ever threatened the world economy.
We have experienced an era of extreme anti-inflationary policy combined with debts and deficits, the result of which has been a decrease in social stability.
An argument that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance.
First published in 1992, this title conducts an in-depth examination of the investment behaviour of pension funds, presenting the first econometric model in this area.
Low-income countries in sub-Saharan Africa present unique monetary policy challenges, from the high share of volatile food in consumption to underdeveloped financial markets; however most academic and policy work on monetary policy is aimed at much richer countries.
The essays in this edited collection, first published in 1986, focus on important debates surrounding the central Marxian problem of the transformation of values into prices.
In this updated, second edition of the highly acclaimed international best seller, The Dollar Crisis: Causes, Consequences, Cures, Richard Duncan describes the flaws in the international monetary system that have destabilized the global economy and that may soon culminate in a deflation-induced worldwide economic slump.
Discover how blockchain will facilitate a new currency that will transcend space and time Largely inspired by The Denationalization of Money by Fredrich Hayek, Money Without Boundaries ideological foundation is also inspired by economists and thought leaders like Milton Friedman and Irving Fisher, advancements in capital markets over the past 50 years, and the convergence of old and new technologies.
There's no question, compared to the advanced economies China's economic growth rates have been spectacular, but in most instances the economic analysts tend to forget that a large part of China's growth has been dictated by government industrial subsidies.
Globalization and Money explores how men and women, particularly the poor and the unbanked in the global South, use money in ways that empower themselves and their families.
Routledge Handbook of the Economics of European Integration provides readers with a brief but comprehensive overview of topics related to the process of European integration in the post-World War II period.
Offering an introduction to the Japanese political system, this book covers the end of the Koizumi era, the brief and troubled premiership of Abe, and the selection of Fukuda as prime minister.
Breaking from conventional wisdom, this book provides an explanation of exchange rates based on the premise that it is financial capital flows and not international trade that represents the driving force behind currency movements.
This book critically examines the optimum range and duration of government interventions in the economic activities of a modern state based on theoretical and empirical frameworks, and assesses their role and extent in various economies.
In its pursuit to equip the reader with a basic knowledge of Islamic economics, this book divulges the micro-foundations of the discipline, and highlights the predominant schools of thought that exist in the field.
This book investigates the interaction of effective goods demand with the wage-price spiral, and the impact of monetary policy on financial and the real markets from a Keynesian perspective.
Financial markets exercise an enormous influence over modern economies and it is certainly not exaggerated to say that central banks are among the most important actors in financial markets.
Offering a fresh, transparent approach encompassing new material, this invigorating volume measures political risk - for instance the risk that foreign investment might face in any country.
In the history of Russian economic ideas, a peculiar mix of anthropocentrism and holism provided fertile breeding ground for patterns of thought that were in potential conflict with the market.
An objective and perceptive account of the literature of monetary theory, this volume, by a central banker who has studied monetary theory over the last quarter of a century, clearly shows how its inherent complexity is much enriched by the study of its history.
First published in 1978, The Valuation of Social Cost is concerned both with the idea, and with the practical problems, of placing monetary values on 'intangible', non-marketed goods, such as pollution, noise nuisance, personal injury, or the loss of home, neighbours or recreational benefit.
The recent economic events driven by the great financial crisis of 2007-08 has challenged some "e;dogma"e;, highlighting various limits and drawbacks of current paradigms.
This title was first published in 2002: As the twenty-first century began, it was easy to assume that the reforms to the international financial system undertaken in the last half of the 1990s were adequate to the core tasks of ensuring stability, sustained growth and broadly shared benefits in the world economy.
Get a handle on the digital currency revolution, and learn how to get on board The Bitcoin Big Bang is a guide to navigating the uncharted territory of digital currency.
This book brings together leading scholars of the history of economic thought to demonstrate the vitality and richness of a discipline that welcomes both practitioners of intellectual, contextual history, as well as specialists in the historical explanation of the analytical and theoretical dimension of economic science.
The fight against money laundering, drug trafficking, illegal immigration, cyber crime, and the promotion of the enhancement of judicial and police cooperation in criminal matters have been at the core of the G8's actions in this field since the 1990s.
Volume 96 of Contemporary Studies in Economic and Financial Analysis provides further insights to postcrisis developments in the global economic and financial environment.
This book provides an authoritative and comprehensive overview of Waqf (endowment), addressing specific issues, models, solutions, structures and practices.