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Author: Michael J. Casimir
Publisher: Berghahn Books
ISBN: 1800730306
Category : Social Science
Languages : en
Pages : 342
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Book Description
In the Himalayas of the Indian part of Kashmir three communities depend on the ecology of the Dal lake: market gardeners, houseboat owners and fishers. Floating Economies describes for the first time the complex intermeshing economy, social structure and ecology of the area against the background of history and the present volatile socio-political situation. Using a holistic and multidisciplinary approach, the author deals with the socioeconomic strategies of the communities whose livelihoods are embedded here and analyses the ecological condition of the Dal, and the reasons for its progressive degradation.
Author: Michael J. Casimir
Publisher: Berghahn Books
ISBN: 1800730306
Category : Social Science
Languages : en
Pages : 342
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Book Description
In the Himalayas of the Indian part of Kashmir three communities depend on the ecology of the Dal lake: market gardeners, houseboat owners and fishers. Floating Economies describes for the first time the complex intermeshing economy, social structure and ecology of the area against the background of history and the present volatile socio-political situation. Using a holistic and multidisciplinary approach, the author deals with the socioeconomic strategies of the communities whose livelihoods are embedded here and analyses the ecological condition of the Dal, and the reasons for its progressive degradation.
Author: Sudhir Alladi Venkatesh
Publisher: Penguin Press HC
ISBN: 9781594204166
Category : Biography & Autobiography
Languages : en
Pages : 287
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Book Description
The best-selling author of Gang Leader for a Day takes his next sociological study to Manhattan, where he travels through the underground economy utilized by prostitutes, madams, drug dealers, immigrants, hedge fund traders, hipster artists and nannies.
Author: Morris Goldstein
Publisher: Peterson Institute
ISBN: 9780881323368
Category : Business & Economics
Languages : en
Pages : 116
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Book Description
In this analysis Morris Goldstein examines currency regime choices for emerging economies that are heavily involved with private capital markets. The author argues that the best regime choice for such economies would be managed floating plus, where "plus" is shorthand for a framework that includes inflation targeting and aggressive measures to discourage currency mismatching. Goldstein argues that if managed floating were enhanced in this way, it would retain the desirable features of a flexible rate regime while addressing the nominal anchor and balance-sheet problems that have historically underpinned a "fear of floating" and handicapped the performance of managed floating in emerging economies. The author also shows why managed floating plus is superior to four alternative currency-regime options--an adjustable peg system, a "BBC (basket, band, crawl) regime," a currency board, and dollarization.
Author: Michael W. Klein
Publisher: Mit Press
ISBN: 9780262517997
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
An analysis of the operation and consequences of exchange rate regimes in an era of increasing international interdependence. The exchange rate is sometimes called the most important price in a highly globalized world. A country's choice of its exchange rate regime, between government-managed fixed rates and market-determined floating rates has significant implications for monetary policy, trade, and macroeconomic outcomes, and is the subject of both academic and policy debate. In this book, two leading economists examine the operation and consequences of exchange rate regimes in an era of increasing international interdependence. Michael Klein and Jay Shambaugh focus on the evolution of exchange rate regimes in the modern era, the period since 1973, which followed the Bretton Woods era of 1945-72 and the pre-World War I gold standard era. Klein and Shambaugh offer a comprehensive, integrated treatment of the characteristics of exchange rate regimes and their effects. The book draws on and synthesizes data from the recent wave of empirical research on this topic, and includes new findings that challenge preconceived notions.
Author: Bathsheba Demuth
Publisher: W. W. Norton & Company
ISBN: 0393635171
Category : History
Languages : en
Pages : 351
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Book Description
Winner of the 2021 AHA John H. Dunning Prize Longlisted for the 2020 Cundill History Prize Named a Best Book of the Year by Nature, NPR, Library Journal, and Kirkus Reviews "A monument to a people and their land… an allegory of the world we have created." —Sven Beckert, author of Pulitzer Prize finalist Empire of Cotton: A Global History Floating Coast is the first-ever comprehensive history of Beringia, the Arctic land and waters stretching from Russia to Canada. The unforgiving territories along the Bering Strait had long been home to humans—the Inupiat and Yupik in Alaska, and the Yupik and Chukchi in Russia—before American and European colonization. Rapidly, these frigid lands and waters became the site of an ongoing experiment: How, under conditions of extreme scarcity, would modern ideologies of capitalism and communism control and manage the resources they craved? Drawing on her own experience living with and interviewing indigenous people in the region, Bathsheba Demuth presents a profound tale of the dynamic changes and unforeseen consequences that human ambition has brought (and will continue to bring) to a finite planet.
Author: Alberto Alesina
Publisher: Hoover Institution Press
ISBN: 0817928464
Category : Business & Economics
Languages : en
Pages : 99
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Book Description
Currency Unions reviews the traditional case for flexible exchange rates and "countercyclical"—that is, expansionary during recessions and contractionary in booms—monetary policy, and shows how flexible exchange rate regimes can better insulate the economy from such real disturbances as terms-of-trade shocks. The book also looks at the pitfalls of flexible exchange rates—and why fixed rates, particularly full dollarization—might be a more sensible choice for some emerging-market countries. The contributors also detail the factors that determine the optimal sizes of currency unions, explain how currency union greatly expands the volume of international trade among its members, and examine the recent implementation of dollarization in Ecuador.
Author: Vicente Galbis
Publisher: International Monetary Fund
ISBN: 1451977948
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
This paper reviews the experience with floating interbank exchange rate systems in five developing countries--The Gambia, Guyana, Jamaica, Nigeria and Sri Lanka--and draws some conclusions about the stability and efficiency of these systems. The experience of these countries illustrates both the difficulties and the advantages of interbank exchange rate markets. The main conclusion is that these markets can operate relatively well with a minimum banking infrastructure, provided that the authorities remove legal and institutional impediments to the free operation of these markets including, in particular, exchange restrictions. Any residual restrictions that may remain will likely give rise to the continued existence of parallel markets.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498330282
Category : Business & Economics
Languages : en
Pages : 132
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Book Description
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Author: MAURICE OBSTFELD
Publisher: Peterson Institute for International Economics
ISBN: 0881327492
Category : Business & Economics
Languages : en
Pages : 403
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Book Description
Fifty years ago, in March 1973, the major industrial economies abandoned fixed exchange rates, conclusively ending the post–World War II Bretton Woods arrangements. Proponents believed their action would strengthen countries' ability to reconcile domestic macroeconomic policies with the balance of payments. But opponents feared it would initiate a new era of instability and financial shocks. Since 1973, much of the world has moved away from fixed exchange rates to a variety of regimes based on considerable exchange rate flexibility. But international trade conflicts and unstable capital flows, along with a rise in financial crises around the world, have nonetheless accompanied the global shift away from exchange rate pegs. How has the international monetary system performed over the past half century? What have we learned from the experience of more flexible exchange rates? What has been the impact on macroeconomic and financial stability in the years since? This book derives from papers delivered at a conference that brought together leading economists and policymakers to debate and discuss these questions, as well as to assess the evolution of the international monetary system, the dominance of the US dollar, and the role of exchange rate regimes in shaping the world economy.
Author: Ronald MacDonald
Publisher: Routledge
ISBN: 1134838220
Category : Foreign exchange
Languages : en
Pages : 334
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Book Description
''In summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level. It is also very useful for the economist who wants to be brought up-to-date on theoretical and empirical research on exchange rate behaviour.'' ""Journal of International Economics""
