Showing 1 - 10 of 395
I develop a critical constructivist evolutionary theory of international financial institutions and arrangements. Specifically, I analyze the role of IMF under the present globalization moves and repeated financial crises by following such a critical constructivist evolutionary theory of...
Persistent link: https://www.econbiz.de/10011260621
less vulnerable to sudden stops in capital flows. Capital controls have been widely discussed, but dollarization may offer …
Persistent link: https://www.econbiz.de/10005836777
Predicting the timing of currency and banking crises is likely to remain an elusive task for academics, financial market participants, and policymakers. Few foresaw the Asian crises and fewer still could have imagined their severity. However, recent events have highlighted the importance of...
Persistent link: https://www.econbiz.de/10008531929
Capital inflows can be a mixed blessing, especially in economies with thin domestic financial markets and when driven by investors with a short-term focus. Many levers of policy can be applied to resist the effects of the inflows. One that has been widely relied upon has been currency...
Persistent link: https://www.econbiz.de/10008871301
This working paper has been elaborated with the aim to provide Peruvian policymakers and scholars-academics with economic related concepts and views about the best Monetary Anchor for a Central Bank to deal with control of inflation as well as to prevent them far from possibilities of...
Persistent link: https://www.econbiz.de/10011107431
This paper analyzes the costs and benefits for an emerging economy to formally adopt dollarization. The magnitude of … with the same currency. Countries adopting full dollarization of its economy profit immensely as low inflation and low … interest rates but it are unclear to have a positive impact on economic growth. The degree of partial dollarization the economy …
Persistent link: https://www.econbiz.de/10011261096
This is the 2007 Edition of the only book in print in the world about the Single Global Currency, and is the only book in the world priced in 143 currencies (down from 147 in the 2006 edition.).This number is significant, as it's the number of currencies required among the 192 U.N. members to...
Persistent link: https://www.econbiz.de/10005621973
This is the only book in print in the world about the single global currency, and is the only book in the world priced in 147 currencies. It describes the origins of the current worldwide foreign exchange system, and tells how to change it; and save the world - trillions. The multicurrency...
Persistent link: https://www.econbiz.de/10005787163
Abstract This is the 2008 Edition of one of only two book in print in the world about the Single Global Currency, and is the only book in the world priced in 141 currencies (down from 147 in the 2006 edition.).This number is significant, as it's the number of currencies required among the 192...
Persistent link: https://www.econbiz.de/10005835646
In this paper, we investigate whether the currency substitution can affect the exchange rate uncertainty for the Turkish economy. Considering the whole time period 1987M01-2006M12 as well as thesub-periods 1987M01-1999M12 and 2001M03-2006M12 for sensitivity analysis, our estimation results...
Persistent link: https://www.econbiz.de/10008623473