The European economic and monetary union has changed the structure of international monetary relations fundamentally. In this book two experts--one European, the other American--offer transatlantic perspectives on the ramifications of the monetary union and the launch of the euro.
East Asian exchange rates have become a global flashpoint. U.S. policymakers blame artificially low Asian currency values for global imbalances, including America's ballooning current account deficit.
Describes and analyses the relationship between the World Bank and the International Monetary Fund (IMF) from the Bretton Woods conference in 1944 to the present. Jacques J. Polak focuses primarily on this period from the 1970s when both the Fund and the Bank strove to meet developing countries' pressing needs for macroeconomic stabilization and ......
How Popular Misconceptions about Inflation, Prices, and Value Create Bad
Was inflation's recent spike exacerbated by corporate greed? Do rent controls really help the needy? Are U.S. health care prices set in a wild west marketplace? Do women get paid less than men for the same work, and pay more than men for the same products? The War on Prices is an eye-opening book that peels back the curtain on all these burning ......
Paul Davidson is one of America's most prolific academic economists. Editor of the Journal of Post-Keynesian Economics and holder of the Holly chair of Excellence at the University of Tennessee, Professor Davidson has written broadly over thirty years on topics as diverse as income distribution, oil and natural resource use, economietric models, ......
By looking at the macroeconomic frameworks and experiences of countries such as Germany, Sweden, and Switzerland, Restoring Sustainable Macroeconomic Policies in the U.S. presents a way for the United States to normalize fiscal and monetary policy in order to achieve sustainable debt in the post-COVID-19 era.
Following the global financial crisis of 2008, China's major monetary policy objective is the internationalization of the renminbi, that is, to create an international role for its currency akin to the international role currently played by the US dollar. This book deals with this topic.
Reforming Government's Role in the Monetary System
50 years ago, an important volume, In Search of a Monetary Constitution, was published, focusing on the need for a monetary constitution-constraints on the creation of money by the government. Commemorating the volume's 50th anniversary, this title seeks to spark a new discussion of the vital issue of constitutional monetary reform.
Assessing the potential benefits and risks of a currency union. This book, by two leading experts on economics and Africa, makes a significant analytical contribution to the debates now under way about how Economic Community of West African States could achieve and manage its currency union, andthe ramifications for the African continent.