Starting with Medici and Fugger and ending with Barings and Royal Bank of Scotland under neo-liberal de-regulation, the author gives an account of how a number of banks failed over a 500 year-period.
Since the financial crisis of 2008-09, central bankers around the world have been forced to abandon conventional monetary policy tools in favour of unconventional policies such as quantitative easing, forward guidance, lowering the interest rate paid on bank reserves into negative territory, and pushing up prices of government bonds.
This book covers all important financial innovations for SME financing, and combines theoretical analysis and real world practices employed in China's financial market.
Originally published in 1937, this study was modelled on Jacob Viner's famous work on Canada and when it was published it was an important addition to the growing literature in Applied Economics.
Soviet Agriculture in Perspective (1969) examines the framework within which Soviet agriculture had to operate from the start: the dilemma of a revolutionary regime in a backward peasant country, the straightjacket of a bureaucratic system inherited from Tsarism, made even more rigid by the internal tensions of the new society, and the imperative needs of economic development.
Originally published in 1969, the studies in tis volume deal with the proposal for a multilateral free trade association initiated by North Atlantic countries in the 1960s.
This book provides a systematic approach to analyzing macroeconomic developments, focusing on macroeconomic accounts, analysis, and the effects of selected policies on a nation's economy.
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.
In light of the resurgence of inflation in developed industrialised countries following a period of inordinately low inflation, this book analyses the causes and devastating effects of inflation by drawing lessons from the past.
This book analyzes the effects of the recent crisis and evaluates potential solutions to the gridlock that is currently dominating the Eurozone and the European Union, concerning both the monetary policy and the budgetary and fiscal policy.
How silver influenced two hundred years of world history, and why it matters todayThis is the story of silver's transformation from soft money during the nineteenth century to hard asset today, and how manipulations of the white metal by American president Franklin D.
"e;The essence of a hedging contract is a coincident purchase and sale in two markets which are expected to behave in such a way that any loss realized in one will be offset by an equivalent gain in the other.
This book provides a detailed examination of foreign direct investment (FDI) inflows in Central and Eastern Europe (CEE) after closer integration in the European Union.
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.
Despite the success of policymakers and the European Central Bank in calming down financial markets since the summer of 2012, European leaders are still facing formidable challenges in making the single currency work in a complex environment.
On December 14, 1945, the House of Commons voted 314 to 50 to ratify the Agreements negotiated at Bretton Woods, New Hampshire, nearly a year and a half earlier.
This book on the different aspects of international economic policy covers financial crises, reserve accumulation, capital flows and currency wars as well as issues relating to foreign direct investment and developments in China and India.
First published in 1978, The Structure and Reform of Direct Taxation presents the full findings and recommendations of the 'Meade' committee set up by The Institute for Fiscal Studies.
This book explains why inflation remains subdued after recessions, based on three revolutionary concepts: defensive expectations, compensatory savings, and cumulative wage gap.
Combining balance sheet analysis with historical institutional analysis, this book traces the evolution of social sector financial balance sheets in the US from 1960 to 2018.
Die ökomische Standardtheorie hat neben vielen Vorteilen vor allem eine signifikante Schwäche: Sie ist nur sehr bedingt auf die ökonomische Realität der Praxis übertragbar.
This book is based upon papers presented at the 10th Annual Conference of the Tax Research Network held at the University of Birmingham, United Kingdom, in September 2000.
Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions presents new insights into the causes, mechanisms and results of growth in national and regional accounts.