The decision of the G-5 countries to appreciate the yen during the Plaza accord was of great significance for Japan because this was the sharpest appreciation among the leading currencies.
How only violence and catastrophes have consistently reduced inequality throughout world historyAre mass violence and catastrophes the only forces that can seriously decrease economic inequality?
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.
A significant part of economics as we know it today is the outcome of battles that took place in the post-war years between Keynesians and monetarists.
This book examines how contemporary financial economy evolved as the predominant economic system, and why unabated accumulation of financial capital takes place in such systems.
Monetary and Financial Integration in West Africa details the progress, challenges faced, and potential of the project intended to create a West African Monetary Zone (WAMZ) between Gambia, Ghana, Guinea, Nigeria and Sierra Leone.
Contributes to the debate between monetarist, Keynesian and supply-side views of economic theory, and analyzes and compares the empirical experiences of the economic policies of the six major industrialized countries of the 1980s.
This new textbook on the Chinese economy clearly presents all that the world's second largest economy has accomplished, as well as what work remains to be done.
This book covers in detail the building blocks of Chinese capital markets at the financial instrument level, the analytical pricing term structure of those instruments, the macro and industry economic framework and progress of the liberalization processes at work in the respective markets, the interaction of various participants in the markets, their trading and investment objectives and rationales, some of the most frequently applied trading and investment strategies, and risk management techniques.
This volume establishes a theoretical framework for exploring the role of host state legal systems (courts and bureaucracies) in mediating relations between foreign investment, civil society and government actors.
Producers, Consumers, and Partial Equilibrium provides a systematic and accessible presentation of the full formal details in the core theories of producer and consumer choice under conditions of price taking; and covers the standard theories of competitive, monopoly, and oligopoly partial equilibrium among these economic actors.
This book offers a new perspective on the financialisation of the economy and its profound technological transformation in an increasingly interdependent and globalised world.
This volume was conceived to further the understanding of the transformation of the Taiwan economy over the past four decades and thus to throw light on issues in development theory and policy, especially for other developing economies.
The enlargement of the European Union towards the East from May 2004 has generated an increase of about 100 million inhabitants in the EU population, and has especially brought along major challenges and important opportunities both for the "e;new"e; countries and for the "e;old"e; member states.
This book integrates the models employed in the fundamental analysis of a company with the models used by investors in the capital markets to diversify risks and maximize expected returns.
Recent years have seen a return to high inflation that has sparked debate about the causal role of monetary policy in significant price increases, especially in the context of the quantity theory of money.
This book studies the so far unexplored operation of the international monetary system that prevailed before the emergence of the international gold standard in 1873.
The Soviet Union Looks Ahead (1930) is the official statement of the five-year economic plan put forward by the Soviet Union, a plan involving the radical reconstruction of the entire production system of Russia.
The book explores the endogenous creators of inside money, the commercial banks, and their key role in igniting the 2007-8 monetary crisis and the aftermath of the Great Recession.
China's rapid rise to become the world's second largest economy has resulted in an unprecedented impact on the global system and an urgent need to understand the more about the newest economic superpower.
The Routledge Handbook of the History of Global Economic Thought offers the first comprehensive overview of the long-run history of economic thought from a truly international perspective.
Originally published between 1951 and 1987, the 8 volumes in this set: Provide a wide-ranging and critical review of both first and second generation theories of inflation (and the related problem of unemployment), including the classical approach to macroeconomics.
This revised edition explains why orthodox economic policies have often failed to achieve their objectives and if they work they do so only by inflicting high costs on society.
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.