Author: Alberto Giovannini
Publisher: MIT Press
ISBN: 9780262071680
Category : Business & Economics
Languages : en
Pages : 408
Book Description
Written from 1985 to 1992, the author's essays address such topics as the transition to a European monetary system, the design and functioning of a European Central Bank, curency reform, capital inflow, and exchange rates.
The Debate on Money in Europe
Author: Alberto Giovannini
Publisher: MIT Press
ISBN: 9780262071680
Category : Business & Economics
Languages : en
Pages : 408
Book Description
Written from 1985 to 1992, the author's essays address such topics as the transition to a European monetary system, the design and functioning of a European Central Bank, curency reform, capital inflow, and exchange rates.
Publisher: MIT Press
ISBN: 9780262071680
Category : Business & Economics
Languages : en
Pages : 408
Book Description
Written from 1985 to 1992, the author's essays address such topics as the transition to a European monetary system, the design and functioning of a European Central Bank, curency reform, capital inflow, and exchange rates.
The Euro and the Battle of Ideas
Author: Markus K. Brunnermeier
Publisher: Princeton University Press
ISBN: 0691178410
Category : Business & Economics
Languages : en
Pages : 456
Book Description
How philosophical differences between Eurozone nations led to the Euro crisis—and where to go from here Why is Europe’s great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe’s survival. Weaving together economic analysis and historical reflection, The Euro and the Battle of Ideas provides a forensic investigation and a road map for Europe’s future.
Publisher: Princeton University Press
ISBN: 0691178410
Category : Business & Economics
Languages : en
Pages : 456
Book Description
How philosophical differences between Eurozone nations led to the Euro crisis—and where to go from here Why is Europe’s great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe’s survival. Weaving together economic analysis and historical reflection, The Euro and the Battle of Ideas provides a forensic investigation and a road map for Europe’s future.
Austerity
Author: Mark Blyth
Publisher: Oxford University Press
ISBN: 0199389446
Category : Business & Economics
Languages : en
Pages : 305
Book Description
In Austerity: The History of a Dangerous Idea, Mark Blyth, a renowned scholar of political economy, provides a powerful and trenchant account of the shift toward austerity policies by governments throughout the world since 2009. The issue is at the crux about how to emerge from the Great Recession, and will drive the debate for the foreseeable future.
Publisher: Oxford University Press
ISBN: 0199389446
Category : Business & Economics
Languages : en
Pages : 305
Book Description
In Austerity: The History of a Dangerous Idea, Mark Blyth, a renowned scholar of political economy, provides a powerful and trenchant account of the shift toward austerity policies by governments throughout the world since 2009. The issue is at the crux about how to emerge from the Great Recession, and will drive the debate for the foreseeable future.
Where Does Money Come From?
Author: Josh Ryan-Collins
Publisher:
ISBN: 9781908506542
Category : Banks and banking
Languages : en
Pages : 186
Book Description
Based on detailed research and consultation with experts, including the Bank of England, this book reviews theoretical and historical debates on the nature of money and banking and explains the role of the central bank, the Government and the European Union. Following a sell out first edition and reprint, this second edition includes new sections on Libor and quantitative easing in the UK and the sovereign debt crisis in Europe.
Publisher:
ISBN: 9781908506542
Category : Banks and banking
Languages : en
Pages : 186
Book Description
Based on detailed research and consultation with experts, including the Bank of England, this book reviews theoretical and historical debates on the nature of money and banking and explains the role of the central bank, the Government and the European Union. Following a sell out first edition and reprint, this second edition includes new sections on Libor and quantitative easing in the UK and the sovereign debt crisis in Europe.
Germany and the Politics of Europe's Money
Author: Karl Kaltenthaler
Publisher: Duke University Press
ISBN: 9780822321712
Category : Business & Economics
Languages : en
Pages : 164
Book Description
As countries in the European Union struggle to comply with the Maastricht Treaty, the question of monetary integration is at the forefront of European politics. This book explores how and why Germany--whose economic power makes it a pivotal player--has developed inconsistent policies toward European monetary institutions and how these institutions affect domestic politics and state policies toward the institutions.
Publisher: Duke University Press
ISBN: 9780822321712
Category : Business & Economics
Languages : en
Pages : 164
Book Description
As countries in the European Union struggle to comply with the Maastricht Treaty, the question of monetary integration is at the forefront of European politics. This book explores how and why Germany--whose economic power makes it a pivotal player--has developed inconsistent policies toward European monetary institutions and how these institutions affect domestic politics and state policies toward the institutions.
Money and European Union
Author: NA NA
Publisher: Springer
ISBN: 1349623709
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Bringing together the economics, politics, and history of the movement toward economic and monetary union (EMU), the author looks at such topics as the first significant attempt at EMU, the Werner report and its aftermath, and the development of the Maastricht Treaty and the crises that followed its signing.
Publisher: Springer
ISBN: 1349623709
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Bringing together the economics, politics, and history of the movement toward economic and monetary union (EMU), the author looks at such topics as the first significant attempt at EMU, the Werner report and its aftermath, and the development of the Maastricht Treaty and the crises that followed its signing.
The Future of Money
Author: Eswar S. Prasad
Publisher: Harvard University Press
ISBN: 0674258444
Category : Business & Economics
Languages : en
Pages : 497
Book Description
A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think weÕve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force wonÕt be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.
Publisher: Harvard University Press
ISBN: 0674258444
Category : Business & Economics
Languages : en
Pages : 497
Book Description
A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think weÕve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force wonÕt be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.
Money and Power in Europe
Author: Matthias Kaelberer
Publisher: State University of New York Press
ISBN: 0791490394
Category : Political Science
Languages : en
Pages : 272
Book Description
Tracing the forty-year history of negotiations to construct exchange rate regimes in the European Union, Money and Power in Europe emphasizes the role of a state's bargaining power for the formation of rules. In contrast to the prevailing literature's emphasis on domestic factors like sectoral and partisan interests, policy ideas and domestic institutional structures, Matthias Kaelberer highlights the structural conflict of interest between weak and strong currency countries over the rules of monetary cooperation. Strong currency countries, in particular Germany, because they do not face a reserve constraint, are in a position to shape the rules of monetary regimes decidedly in their favor, including the refusal to compromise on rules of domestic macroeconomic adjustment.
Publisher: State University of New York Press
ISBN: 0791490394
Category : Political Science
Languages : en
Pages : 272
Book Description
Tracing the forty-year history of negotiations to construct exchange rate regimes in the European Union, Money and Power in Europe emphasizes the role of a state's bargaining power for the formation of rules. In contrast to the prevailing literature's emphasis on domestic factors like sectoral and partisan interests, policy ideas and domestic institutional structures, Matthias Kaelberer highlights the structural conflict of interest between weak and strong currency countries over the rules of monetary cooperation. Strong currency countries, in particular Germany, because they do not face a reserve constraint, are in a position to shape the rules of monetary regimes decidedly in their favor, including the refusal to compromise on rules of domestic macroeconomic adjustment.
A Europe Made of Money
Author: Emmanuel Mourlon-Druol
Publisher: Cornell University Press
ISBN: 0801465931
Category : History
Languages : en
Pages : 369
Book Description
A Europe Made of Money is a new history of the making of the European Monetary System (EMS), based on extensive archive research. Emmanuel Mourlon-Druol highlights two long-term processes in the monetary and economic negotiations in the decade leading up to the founding of the EMS in 1979. The first is a transnational learning process involving a powerful, networked European monetary elite that shaped a habit of cooperation among technocrats. The second stresses the importance of the European Council, which held regular meetings between heads of government beginning in 1974, giving EEC legitimacy to monetary initiatives that had previously involved semisecret and bilateral negotiations. The interaction of these two features changed the EMS from a fairly trivial piece of administrative business to a tremendously important political agreement. The inception of the EMS was greeted as one of the landmark achievements of regional cooperation, a major leap forward in the creation of a unified Europe. Yet Mourlon-Druol's account stresses that the EMS is much more than a success story of financial cooperation. The technical suggestions made by its architects reveal how state elites conceptualized the larger project of integration. And their monetary policy became a marker for the conception of European identity. The unveiling of the EMS, Mourlon-Druol concludes, represented the convergence of material interests and symbolic, identity-based concerns.
Publisher: Cornell University Press
ISBN: 0801465931
Category : History
Languages : en
Pages : 369
Book Description
A Europe Made of Money is a new history of the making of the European Monetary System (EMS), based on extensive archive research. Emmanuel Mourlon-Druol highlights two long-term processes in the monetary and economic negotiations in the decade leading up to the founding of the EMS in 1979. The first is a transnational learning process involving a powerful, networked European monetary elite that shaped a habit of cooperation among technocrats. The second stresses the importance of the European Council, which held regular meetings between heads of government beginning in 1974, giving EEC legitimacy to monetary initiatives that had previously involved semisecret and bilateral negotiations. The interaction of these two features changed the EMS from a fairly trivial piece of administrative business to a tremendously important political agreement. The inception of the EMS was greeted as one of the landmark achievements of regional cooperation, a major leap forward in the creation of a unified Europe. Yet Mourlon-Druol's account stresses that the EMS is much more than a success story of financial cooperation. The technical suggestions made by its architects reveal how state elites conceptualized the larger project of integration. And their monetary policy became a marker for the conception of European identity. The unveiling of the EMS, Mourlon-Druol concludes, represented the convergence of material interests and symbolic, identity-based concerns.
The Rise of Digital Money
Author: Mr.Tobias Adrian
Publisher: International Monetary Fund
ISBN: 1498324908
Category : Business & Economics
Languages : en
Pages : 20
Book Description
This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will carry work by IMF staff and will seek to provide insight into the intersection of technology and the global economy. The Rise of Digital Money analyses how technology companies are stepping up competition to large banks and credit card companies. Digital forms of money are increasingly in the wallets of consumers as well as in the minds of policymakers. Cash and bank deposits are battling with so-called e-money, electronically stored monetary value denominated in, and pegged to, a currency like the euro or the dollar. This paper identifies the benefits and risks and highlights regulatory issues that are likely to emerge with a broader adoption of stablecoins. The paper also highlights the risks associated with e-money: potential creation of new monopolies; threats to weaker currencies; concerns about consumer protection and financial stability; and the risk of fostering illegal activities, among others.
Publisher: International Monetary Fund
ISBN: 1498324908
Category : Business & Economics
Languages : en
Pages : 20
Book Description
This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will carry work by IMF staff and will seek to provide insight into the intersection of technology and the global economy. The Rise of Digital Money analyses how technology companies are stepping up competition to large banks and credit card companies. Digital forms of money are increasingly in the wallets of consumers as well as in the minds of policymakers. Cash and bank deposits are battling with so-called e-money, electronically stored monetary value denominated in, and pegged to, a currency like the euro or the dollar. This paper identifies the benefits and risks and highlights regulatory issues that are likely to emerge with a broader adoption of stablecoins. The paper also highlights the risks associated with e-money: potential creation of new monopolies; threats to weaker currencies; concerns about consumer protection and financial stability; and the risk of fostering illegal activities, among others.