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This paper examines the relationship between currency internationalisation and economic structure. It argues that the hierarchical and asymmetric architecture of the international monetary system imposes a "survival constraint" upon non-centre countries that obliges them to generate net inflows...
Persistent link: https://www.econbiz.de/10011900309
Persistent link: https://www.econbiz.de/10012008435
How do policy makers manage the decline of an international currency? This paper examines British policy towards the pound sterling's international role in the years 1968-74. Using previously uncited government archival sources, we revisit the view that the 'sterling agreements' of 1968-74,...
Persistent link: https://www.econbiz.de/10014338089
This paper, presents an analysis of the sectors that show the largest potential for supporting the country’s quest for economic diversification. It draws upon latest information about the diversification of economy and development strategy of oil producers countries from various sources,...
Persistent link: https://www.econbiz.de/10013251763
Frequently noted inadequately explored connections between currency internationalization and expected change in the polarity of the international monetary system in the international relations literature are commanding the renewed attention and vigorous debate for more international monetary...
Persistent link: https://www.econbiz.de/10012672278
Trade can and should play an important role in making progress to achieve the Sustainable Development Goals. This includes trade and investment in services, as realizing many of the goals is conditional on improved performance of services sectors in developing countries. The global environment...
Persistent link: https://www.econbiz.de/10012700556
The dynamic process of integration of national economies has a long history, with two distinct waves: one, from the middle of the 19th century until its interruption with outbreak of the First World War in 1913 till the end of the Second World War in 1945. The second wave is ongoing dating from...
Persistent link: https://www.econbiz.de/10013082540
Fiscal policy plays an important role in accomplishing crucial economic goals, especially production and employment increase. Acknowledgement and application of fiscal policy require differentiated attitudes in different situations. This paper investigates the relative importance of fiscal...
Persistent link: https://www.econbiz.de/10014243993
The main economic governance and day-to-day Economic Diplomacy (ED) are important to any country's international policy. In today's globalized world, ED is an important tool for countries to develop, stay engaged, and even survive economically. This paper has pointed out the study of ED as a...
Persistent link: https://www.econbiz.de/10014349241
MTBFs generally cover the preparation, execution, and monitoring of multiannual budget plans and encompass expenditure and revenue predictions. Overall, a well-designed MTBF reflects the impact of past budgetary obligations and the future cost of new policy measures. It is explained by the...
Persistent link: https://www.econbiz.de/10014349477