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Author: Eric Monnet
Publisher: International Monetary Fund
ISBN: 1513515659
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
We estimate world cycles using a new quarterly dataset of output, credit and asset prices assembled using IMF archives and covering a large set of advanced and emerging economies since 1950. World cycles, both real and financial, exist and are generally driven by US shocks. But their impact is modest for most countries. The global financial cycle is also much weaker when looking at credit rather than asset prices. We also challenge the view that syncronization has increased over time. Although this is true for prices (goods and assets), this not true for quantities (output and credit). The world business and credit cycles were as strong during Bretton Woods (1950–1972) as during the Globalization period (1984-2006). For most countries, the way their output co-moves with the rest of the world has changed little over the last 70 years. We discuss the reasons behind these new findings and their policy implications for small open economies.
Author: Eric Monnet
Publisher: International Monetary Fund
ISBN: 1513515659
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
We estimate world cycles using a new quarterly dataset of output, credit and asset prices assembled using IMF archives and covering a large set of advanced and emerging economies since 1950. World cycles, both real and financial, exist and are generally driven by US shocks. But their impact is modest for most countries. The global financial cycle is also much weaker when looking at credit rather than asset prices. We also challenge the view that syncronization has increased over time. Although this is true for prices (goods and assets), this not true for quantities (output and credit). The world business and credit cycles were as strong during Bretton Woods (1950–1972) as during the Globalization period (1984-2006). For most countries, the way their output co-moves with the rest of the world has changed little over the last 70 years. We discuss the reasons behind these new findings and their policy implications for small open economies.
Author: Petar Stankov
Publisher: Routledge
ISBN: 1000200892
Category : Business & Economics
Languages : en
Pages : 72
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Book Description
The Political Economy of Populism explores the interplay between identity, the economy and inequality to explain the dynamics of populist votes since the beginning of the 20th century. The book discusses the political and economic implications of populist governance using data on populist incumbencies and linking it to historical data on the macro economy and democracy. Chapters draw from the most recent political science, economics and other social science literature, as well as historical data, to explain the long-term causes and consequences of populism. Populism emerges and gains traction when political entrepreneurs exploit underlying identity conflicts for political gains. As the distributional consequences of both economic distress and economic growth typically favor the elite over the poor and the lower middle class, economic shocks usually sharpen the underlying identity conflicts between the groups. The book provides evidence of significant differences in the ways fiscal and monetary policies are conducted by incumbent populists in Latin America, Europe and the OECD. The work concludes by suggesting avenues through which a 21st century social consensus can be built, so that our society can avoid repeating the mistakes that led to wars and failed economic experiments in the 20th century. The Political Economy of Populism marks a significant contribution to the study of populism and is suited to students and scholars across the social sciences, including economics, political science and sociology.
Author: Eric Monnet
Publisher: International Monetary Fund
ISBN: 151351296X
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
We estimate world cycles using a new quarterly dataset of output, credit and asset prices assembled using IMF archives and covering a large set of advanced and emerging economies since 1950. World cycles, both real and financial, exist and are generally driven by US shocks. But their impact is modest for most countries. The global financial cycle is also much weaker when looking at credit rather than asset prices. We also challenge the view that syncronization has increased over time. Although this is true for prices (goods and assets), this not true for quantities (output and credit). The world business and credit cycles were as strong during Bretton Woods (1950–1972) as during the Globalization period (1984-2006). For most countries, the way their output co-moves with the rest of the world has changed little over the last 70 years. We discuss the reasons behind these new findings and their policy implications for small open economies.
Author: Eric Monnet
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 38
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Book Description
We estimate world cycles using a new quarterly macro-financial dataset assembled using IMF archives, covering a large set of countries since 1950. World cycles, real and financial, exist and US shocks drive them. But their strength is modest for GDP and credit. Global financial cycles are much weaker for credit than for asset prices. We also challenge the view that synchronization has increased with globalization. Although this is true for prices (goods and assets), it is not for quantities (output and credit). World business and credit cycles were as strong during Bretton Woods (1950-1972) as during the Globalization period (1982-2006). We investigate the economic and financial forces driving our results, connect them to the existing literature and discuss important policy implications.
Author: Michael D. C. Drout
Publisher: Taylor & Francis
ISBN: 0415969425
Category : Literary Criticism
Languages : en
Pages : 810
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Book Description
A detailed work of reference and scholarship, this one volume Encyclopedia includes discussions of all the fundamental issues in Tolkien scholarship written by the leading scholars in the field. Coverage not only presents the most recent scholarship on J.R.R. Tolkien, but also introduces and explores the author and scholar's life and work within their historical and cultural contexts. Tolkien's fiction and his sources of influence are examined along with his artistic and academic achievements - including his translations of medieval texts - teaching posts, linguistic works, and the languages he created. The 550 alphabetically arranged entries fall within the following categories of topics: adaptations art and illustrations characters in Tolkien's work critical history and scholarship influence of Tolkien languages biography literary sources literature creatures and peoples of Middle-earth objects in Tolkien's work places in Tolkien's work reception of Tolkien medieval scholars scholarship by Tolkien medieval literature stylistic elements themes in Tolkien's works theological/ philosophical concepts and philosophers Tolkien's contemporary history and culture works of literature
Author: William Wadsworth
Publisher: Xlibris Corporation
ISBN: 1503560988
Category : Body, Mind & Spirit
Languages : en
Pages : 151
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Book Description
Heaven, Earth, and Humankind, Volumes I through IV was inspired by a dream in which I witnessed the collision of two worlds, one red and one green, the red cube was the dragon of Chinese Medical Philosophy, the green globe was the holistic cosmos that I already knew well through tropical astrology. The outcome of this dream was this book that integrates the two systems, and illuminates the core they share. Behind every aspect of human experience we find the influence of light and darkness both as a reality and metaphor. Three great cycles of light and darkness govern experience: the seasonal cycle, the waxing and waning of the moon, and the emergence and retreat of daylight. These three cycles connect directly to the triune principle in Chinese philosophy that differentiates three aspects of human endeavor: spirit, body, and social life. Heaven and earth seem to form a polarity. When they interact, they produce all the multifarious form of life near the surface of the earth. The whole ever remains a unity. Heaven floods the earth with both solar and celestial energy. The earth responds to that influx by producing living forms on its surface. The horizon line of the celestial chart symbolizes this plane where energy and matter interact. From this we can assess where a persons focus is and how they balance the three different aspects of human experience. Human beings are thefinest expression of heaven and earth, if and only if we harmonize with the great cycles of light. In Volume IV I connect this core wisdom from Chinese sages with the astrological idea of the three modes of tropical astrology This volume continues the holistic and cyclic approach to astrology developed in the previous three volumes and culminates in a detailed description of the effect of the Sun, Moon, or Horizon in each zodiac sign. Each sign has a mode and the mode has affinity either with heaven and the sun, earth and the moon, or the ascendant and human affairs. The mutable signs are aligned with the sphere of the ecliptic and the mutable mode. Heaven, Earth, and Humankind maps a path to understanding why astrology works in terms that anyone can understand. The operative power of astrology is the three light cycles as all the ancients understood. We have lost the wisdom, but that lost wisdom is recovered somewhat in this valuable book. How is our human experience connected to the greater life of the cosmos?Our answer depends on our degree of self-realization, and we cannot truly know ourselves unless we understand how we feel and react to the cycles of heaven. This book brings some traditional wisdom into focus to help us with these fundamental questions about how to live well.
Author: John Ronald Reuel Tolkien
Publisher: HarperCollins UK
ISBN: 0007203586
Category : Fiction
Languages : en
Pages : 571
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Book Description
'The Fellowship of the Ring' is the first part of JRR Tolkien's epic masterpiece 'The Lord of the Rings'. This 50th anniversary edition features special packaging and includes the definitive edition of the text.|PB
Author: Neal Stephenson
Publisher: Harper Collins
ISBN: 0062190415
Category : Fiction
Languages : en
Pages : 419
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Book Description
From the #1 New York Times bestselling author of Anathem, Reamde, and Cryptonomicon comes an exciting and thought-provoking science fiction epic—a grand story of annihilation and survival spanning five thousand years. What would happen if the world were ending? A catastrophic event renders the earth a ticking time bomb. In a feverish race against the inevitable, nations around the globe band together to devise an ambitious plan to ensure the survival of humanity far beyond our atmosphere, in outer space. But the complexities and unpredictability of human nature coupled with unforeseen challenges and dangers threaten the intrepid pioneers, until only a handful of survivors remain . . . Five thousand years later, their progeny—seven distinct races now three billion strong—embark on yet another audacious journey into the unknown . . . to an alien world utterly transformed by cataclysm and time: Earth. A writer of dazzling genius and imaginative vision, Neal Stephenson combines science, philosophy, technology, psychology, and literature in a magnificent work of speculative fiction that offers a portrait of a future that is both extraordinary and eerily recognizable. As he did in Anathem, Cryptonomicon, the Baroque Cycle, and Reamde, Stephenson explores some of our biggest ideas and perplexing challenges in a breathtaking saga that is daring, engrossing, and altogether brilliant.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 116
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Book Description
The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 88
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Book Description
The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.
