This book provides an important and original statement of Post Keynesian macroeconomic theory, focusing on the significance of privately created inside debts and income distribution for the determination of economic activity.
The economics of education is a burgeoning area of study, employing increasingly sophisticated analytical tools to answer questions with high societal impact.
Reflecting the diverse and profound changes triggered by the latest wave of economic globalization, this book highlights various governance responses at national, regional and global levels.
Die deutsche Wiedervereinigung und die Systemtransformation in Rußland stehen für zwei große Herausforderungen beim institutionellen, wirtschaftlichen und wirtschaftspolitischen Umbau industrialisierter Volkswirtschaften.
China has a leading edge over the advanced countries in process of digitalisation and has created the world's first central bank digital currency, or CBDC.
The member states are facing the choice between either reaping the benefits of increasing integration in a certain area - in this case the capital markets - attended by a significant reduction in national powers of autonomous decision-making and independence, or retaining this national independence enabling them to pursue their own policy objectives with the aid of instruments selected at their discretion.
This book has been prepared during my work as a research assistant at the Institute for Statistics and Econometrics of the Economics Department at the University of Bielefeld, Germany.
It is widely asserted, outside Japan, that the failure of foreign banks to penetrate Japanese financial markets is the direct result of stringent Japanese protectionist policies.
Incorporating currencies, payment methods, and protocols that computers use to talk to each other, digital currencies are poised to grow in use and importance.
To explain the pronounced instability of the world economy since the 1970s, the book offers an important and systematic theoretical examination of money and finance.
This book is the second of three volumes that uses the theory of Optimal Currency Areas (OCAs) and applied econometric techniques to provide the reader with a compact analysis of the Euro area, its evolution and future perspectives.
Faith in the free market--the idea that, for instance, profit-seeking managed care companies will improve the health care delivery system--has become a basic tenet of public policy debate.
This important collection presents an authoritative selection of papers on "e;Institutional Conflicts and Complementarities"e; This publication is intent on building bridges between economics and the other social sciences.
An examination of coined money and its significance to rulers, aristocrats and peasants in early medieval EuropeBetween the end of the Roman Empire in the fifth century and the economic transformations of the twelfth, coined money in western Europe was scarce and high in value, difficult for the majority of the population to make use of.
Provides an analysis of the classical gold standard (1880-1914) - the nearest historical equivalent to what EC countries are attempting to do - in order to examine critically these and other issues raised in the debate.
This book examines the heroic spirit of French industrial capitalism prior to World War I, and the role certain industrialists played in ensuring the success and stability of the country's economic and political order.
From village collectives in Southern China in the early 80s to the summer 1999 share rally, To Get Rich is Glorious provides a guide to twenty years of China's stock markets.
Despite the dynamic development of the discipline of economics, the ways in which economics is taught and how it defines its basic principles have hardly changed, resulting in economics being criticised for its inability to provide relevant insights on global challenges.
This volume presents techniques and theories drawn from mathematics, statistics, computer science, and information science to analyze problems in business, economics, finance, insurance, and related fields.
The transformation from a closed and inward-looking economy to an active integration into the European Union is one which a number of countries are facing.
Both Keynes's General Theory and orthodox economics seek to understand how competitive markets work, but they diverge sharply with respect to the nature and properties of the competitive equilibrium.
Financial risk management for institutional investors has recently grown in scope to include long-term sustainability considerations and climate change risk concerns.
Looking back over the last decade it can be said with some justification that sig- nificant progress has been achieved on the way towards fully integrated financial markets in Europe.