An examination of the economic justification for foreign exchange market intervention, the potential for such intervention to stabilize an economy and the distinction between sterilized and non-sterilized intervention.
Central banking is being turned upside down by innovations such as securitization, complex options dealings and Euro-asset transactions that are denationalizing money and making it impossible for central banks to regulate costs of capital.
This collection of writings covers such subjects as income distribution, inflation, macroeconomics, expectations, open economies, national and natural resources.
The first volume in a series of collected writings by Paul Davidson, this book covers such areas as money, finance, Keynes, monetarism and macroeconomic employment.
This volume contains a number of analyses of the present global situation and provides a reasoned preview of likely macro-economic developments during the next decade in the relations between East and West.
Despite the various policy approaches tried over the years, the essential problem of the Latin American debt remains unabated - that financing the debts' burden impairs the developmental efforts of the region.
Originally published in Italian in 1983, the book elaborates and interprets Wicksell's monetary theories, contrasting them with the methodological approach of both classical economists and members of the Swedish school.
The objective of the Single European Act is to establish a European market without barriers, thereby enabling the free movement of goods, persons, services and capital.
Honouring Ota Sik's economics, political life, and his social and humane concerns, this book brings together contributions from economists from East and West.
The European Community and the Association of Southeast Asian Nations functions and powers - have established a formal relationship which could provide a valuable model for interregional cooperation between industrialized and developing countries, now that repeated efforts to launch global North-South negotiations have come a dead end.
The development of industrialization and its effect on the international division of labour is here considered first in terms of economic theory, and then by means of a case study of Finland, representing a semi-peripheral economy in the global economic system.
An examination of the role of money in a dynamic economy within the context of theoretical developments both within and in opposition to, the Quantity Theory tradition.
This is a handbook of statistical data covering production and distribution, foreign trade, foreign indebtedness, domestic finance, energy and standards of living in Eastern Europe (including Yugoslavia) and the Soviet Union.
An extension of the analysis of macroeconomic policy from the need to deal with two problems (inflation and unemployment) to include the state of the current account of the balance of payments, and the effect of the level of investment and the state of the balance of payments.
A collection of essays concerned with nonlinear and multisectoral macrodynamics written in honour of Richard Goodwin which includes discussion of Goodwin's contribution and ideas in comparison with other theories.
This study of the US relations with the ILO, IAEA and UNESCO examines three cases in which American sensitivity to politicization has brought about a toughening response of financial sanctions, boycott and, in the cases of the ILO and UNESCO, withdrawal from the agencies in question.
A study explaining how the social upheavals which led to the Nicaraguan revolution and the civil wars in El Salvador and Guatemala were rooted in the export-led model followed in the region.
Following Ronald Reagan's statement to the Soviet press that living standards in the USSR were a third of that in the USA, this book was written to examine the CIA study upon which his statement was based.
25 years since the ECU was established, this work analyzes the situation in the international monetary system, where the prevailing disorder is disrupting economies, undermining growth, provoking protectionism and threatening to set the nations against each other.
This collection of articles and papers has been organised under a limited number of specific themes in international financial economics, including balance of payment theory and policy, the activities of the IMF, Special Drawing Rights, the role of the private financial markets, and the international economic order.
