Demanding Devaluation

Demanding Devaluation PDF Author: David Steinberg
Publisher: Cornell University Press
ISBN: 0801454255
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and "undervalued" exchange rates, a policy that promotes export-led development but often heightens tensions with foreign governments. Many other developing countries "overvalue" their exchange rates, which increases consumers’ purchasing power but often reduces economic growth. In Demanding Devaluation, David Steinberg argues that the demands of powerful interest groups often dictate government decisions about the level of the exchange rate. Combining rich qualitative case studies of China, Argentina, South Korea, Mexico, and Iran with cross-national statistical analyses, Steinberg reveals that exchange rate policy is heavily influenced by a country’s domestic political arrangements. Interest group demands influence exchange rate policy, and national institutional structures shape whether interest groups lobby for an undervalued or an overvalued rate. A country’s domestic political system helps determine whether it undervalues its exchange rate and experiences explosive economic growth or if it overvalues its exchange rate and sees its economy stagnate as a result.

Demanding Devaluation

Demanding Devaluation PDF Author: David A. Steinberg
Publisher: Cornell University Press
ISBN: 0801456495
Category : Political Science
Languages : en
Pages : 382

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Book Description
Exchange rate policy has profound consequences for economic development, financial crises, and international political conflict. Some governments in the developing world maintain excessively weak and "undervalued" exchange rates, a policy that promotes export-led development but often heightens tensions with foreign governments. Many other developing countries "overvalue" their exchange rates, which increases consumers' purchasing power but often reduces economic growth. In Demanding Devaluation, David Steinberg argues that the demands of powerful interest groups often dictate government decisions about the level of the exchange rate.Combining rich qualitative case studies of China, Argentina, South Korea, Mexico, and Iran with cross-national statistical analyses, Steinberg reveals that exchange rate policy is heavily influenced by a country's domestic political arrangements. Interest group demands influence exchange rate policy, and national institutional structures shape whether interest groups lobby for an undervalued or an overvalued rate. A country's domestic political system helps determine whether it undervalues its exchange rate and experiences explosive economic growth or if it overvalues its exchange rate and sees its economy stagnate as a result.

Swiss Monetary History since the Early 19th Century

Swiss Monetary History since the Early 19th Century PDF Author: Ernst Baltensperger
Publisher: Cambridge University Press
ISBN: 1107199301
Category : Business & Economics
Languages : en
Pages : 267

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Book Description
The Importance of Monetary Stability as the Main Objective of Central Bank Policy in a Paper Money System -- Fixed versus Flexible Exchange Rates -- Small Country, Independent Currency: the Value of Monetary Sovereignty -- Bibliography -- Index

Research Handbook on Trade Wars

Research Handbook on Trade Wars PDF Author: Zeng, Ka
Publisher: Edward Elgar Publishing
ISBN: 1839105704
Category : Business & Economics
Languages : en
Pages : 448

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Book Description
The Research Handbook on Trade Wars presents an informative and in-depth account of the origins, dynamics, and implications of trade wars, which are growing both in scale and scope in today’s increasingly interdependent global economy. Providing the frameworks necessary for understanding the political and economic logics of trade wars, this Handbook will be a valuable source of reference for researchers, government officials, businesses, and post-graduate students interested in international political economy, international economics, economic statecraft, public policy, and international relations.

Social Death

Social Death PDF Author: Lisa Marie Cacho
Publisher: NYU Press
ISBN: 0814725422
Category : Social Science
Languages : en
Pages : 238

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Book Description
Winner of the 2013 John Hope Franklin Book Prize presented by the American Studies Association A necessary read that demonstrates the ways in which certain people are devalued without attention to social contexts Social Death tackles one of the core paradoxes of social justice struggles and scholarship—that the battle to end oppression shares the moral grammar that structures exploitation and sanctions state violence. Lisa Marie Cacho forcefully argues that the demands for personhood for those who, in the eyes of society, have little value, depend on capitalist and heteropatriarchal measures of worth. With poignant case studies, Cacho illustrates that our very understanding of personhood is premised upon the unchallenged devaluation of criminalized populations of color. Hence, the reliance of rights-based politics on notions of who is and is not a deserving member of society inadvertently replicates the logic that creates and normalizes states of social and literal death. Her understanding of inalienable rights and personhood provides us the much-needed comparative analytical and ethical tools to understand the racialized and nationalized tensions between racial groups. Driven by a radical, relentless critique, Social Death challenges us to imagine a heretofore “unthinkable” politics and ethics that do not rest on neoliberal arguments about worth, but rather emerge from the insurgent experiences of those negated persons who do not live by the norms that determine the productive, patriotic, law abiding, and family-oriented subject.

NAFTA and Peso Devaluation

NAFTA and Peso Devaluation PDF Author: United States. Congress. House. Committee on Small Business
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 156

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Book Description


Industrial Pricing Behaviour and Devaluation

Industrial Pricing Behaviour and Devaluation PDF Author: P.M. Holmes
Publisher: Springer
ISBN: 1349029777
Category : Business & Economics
Languages : en
Pages : 177

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Book Description


Spectral Theory of Value and Actual Economies

Spectral Theory of Value and Actual Economies PDF Author: Theodore Mariolis
Publisher: Springer Nature
ISBN: 981336260X
Category : Business & Economics
Languages : en
Pages : 512

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Book Description
This book develops a unified treatment of the income distribution–capital–value problems with respect to actual economies, and then gradually turns to the issues of effective demand and capitalist accumulation fluctuations from both political economy and economic policy perspectives. That treatment, on the one hand, places produced means of production, positive profits, and capital accumulation at the centre of the analysis and, on the other hand, is analytically based on the modern control theory. Hence, the authors’ investigation is concerned with input–output representations of actual single and joint production, heterogeneous labour, and open economies; zeroes in on the characteristic value distributions of the system matrices; and, finally, derives meaningful theoretical results consistent with the empirical evidence, and vice versa. The main topics addressed are the uncontrollable/unobservable aspects of the real-world economies, the powerful low-order spectral approximations and reconstructions of the inter-industry structure of production–value–distributive variables relationships, the critical-constructive appraisal of both “mainstream” and “radical” theories of value, the matrix demand multipliers and demand-switching policies in heterogeneous capital worlds, and the circular inter-actions amongst income distribution, effective demand, accumulation, and technical conditions of production. Written on the occasion of the 60th anniversary of the publication of both Piero Sraffa’s Production of Commodities by Means of Commodities and Rudolf E. Kalman’s paper “On the general theory of control systems”, this book provides a consistent and comprehensive framework for theoretical, empirical, and economic policy research.

The Politics of Bad Options

The Politics of Bad Options PDF Author: Stefanie Walter
Publisher: Oxford University Press
ISBN: 0198857012
Category : Political Science
Languages : en
Pages : 321

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Book Description
The book sheds new light on the history of the Eurozone crisis and provides crucial lessons for the way forward.

Bridging the Theory-Practice Divide in International Relations

Bridging the Theory-Practice Divide in International Relations PDF Author: Daniel Maliniak
Publisher: Georgetown University Press
ISBN: 1626167826
Category : Political Science
Languages : en
Pages : 311

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Book Description
There is a widening divide between the data, tools, and knowledge that international relations scholars produce and what policy practitioners find relevant for their work. In this first-of-its-kind conversation, leading academics and practitioners reflect on the nature and size of the theory-practice divide. They find the gap varies by issue area and over time. The essays in this volume use data gathered by the Teaching, Research, and International Policy (TRIP) Project over a fifteen-year period. As a whole, the volume analyzes the structural factors that affect the academy’s ability to influence policy across issue areas and the professional incentives that affect scholars’ willingness to attempt to do so. Individual chapters explore these questions in the areas of trade, finance, human rights, development, environment, nuclear weapons and strategy, interstate war, and intrastate conflict. Each substantive chapter is followed by a response from a policy practitioner, providing their perspective on the gap and the possibility for academic work to have an impact. Bridging the Theory-Practice Divide in International Relations provides concrete answers and guidance about how and when scholarship can be policy relevant.