French National Finance and Stabilization PDF Download
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Author: Henry Coit MacLean
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 24
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Book Description
Author: Henry Coit MacLean
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 24
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Book Description
Author: Henry C. Mac Lean
Publisher:
ISBN:
Category :
Languages : en
Pages : 22
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Book Description
Author: Henry Coit MacLean
Publisher:
ISBN:
Category :
Languages : en
Pages : 22
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Book Description
Author: Benjamin McAlester Anderson
Publisher:
ISBN:
Category : France
Languages : en
Pages : 42
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Book Description
Author: Michael D. Bordo
Publisher:
ISBN:
Category : Currency question
Languages : en
Pages : 54
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Book Description
We show that the size of the public debt, the budget deficit and the monetary overhang made it impossible for France to stabilize its price level and return to the pre-war parity immediately after World War I, even on the anti-keynesian assumption that a stabilization would not have had any negative effects on real income. The reason for the immediate postwar inflation then was not mismanaged policy but a wise choice in the French context. Nevertheless, a stabilization at a devalued franc which would have been substantially higher than the rate achieved by Poincar'' in 1926 was historically possible in early 1924, and it would likely have benefited not only France but the entire international monetary system.
Author: Emile Moreau
Publisher: Westview Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 608
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Book Description
In 1926 the financial condition of the French government and the exchange rate of the franc were in disarray. The man charged with restoring financial order was Emile Moreau, Governor of the Bank of France. This is his day-to-day account of the two-year struggle for financial stabilization.
Author: Guillermo E. Perry
Publisher: World Bank Publications
ISBN: 0821370855
Category : Business & Economics
Languages : en
Pages : 354
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Book Description
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.
Author: Ms.Dominique Simard
Publisher: International Monetary Fund
ISBN: 1451935366
Category : Business & Economics
Languages : en
Pages : 58
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Book Description
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 876
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Book Description
Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1616352477
Category : Business & Economics
Languages : en
Pages : 94
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Book Description
The April 2012 Global Financial Stability Report assesses changes in risks to financial stability over the past six months, focusing on sovereign vulnerabilities, risks stemming from private sector deleveraging, and assessing the continued resilience of emerging markets. The report probes the implications of recent reforms in the financial system for market perception of safe assets, and investigates the growing public and private costs of increased longevity risk from aging populations.
