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Author: George Alogoskoufis
Publisher: Cambridge University Press
ISBN: 9780521405270
Category : Business & Economics
Languages : en
Pages : 428
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Book Description
This book from the Centre for Economic Policy Research deals with the implications of the exchange rate regimes and capital flows of the 1990s for government macroeconomic policy-making and EC policy co-ordination.
Author: George Alogoskoufis
Publisher: Cambridge University Press
ISBN: 9780521405270
Category : Business & Economics
Languages : en
Pages : 428
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Book Description
This book from the Centre for Economic Policy Research deals with the implications of the exchange rate regimes and capital flows of the 1990s for government macroeconomic policy-making and EC policy co-ordination.
Author: Christopher Tsoukis
Publisher: Oxford University Press, USA
ISBN: 0198825374
Category : Business & Economics
Languages : en
Pages : 735
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Book Description
Theory of Macroeconomic Policy offers a panoramic view of macroeconomic theory as a foundation for understanding macroeconomic, fiscal and monetary, policy.
Author: T. Persson
Publisher: Routledge
ISBN: 1135645590
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
Uses a game theoretic approach to explore which economic policies are 'credible' and 'politically feasible', questions that had eluded traditional macroeconomic approaches.
Author: Chris Milner
Publisher: Springer
ISBN: 1349224537
Category : Business & Economics
Languages : en
Pages : 310
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Book Description
Reconsiders the current account in the context of integrated world capital markets. The case of the UK receives particular emphasis with financing and competitiveness issues fully appraised.
Author: Ralph Chami
Publisher: Oxford University Press, USA
ISBN: 0198853092
Category : Business & Economics
Languages : en
Pages : 689
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Book Description
Setting macroeconomic policy is especially difficult in fragile states. Macroeconomic Policy in Fragile States addresses the many issues involved and considers ways to improve the effectiveness of macroeconomic management in the face of these constraints.
Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451850921
Category : Business & Economics
Languages : en
Pages : 43
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Book Description
The paper examines the role of credibility in the conduct of exchange rate policy in developing countries, The analysis is based on a model in which policymakers are concerned about inflation and external competitiveness. Price setters in the nontraded goods sector of the economy adjust prices in reaction to anticipated fluctuations in the domestic price of tradable goods. This type of model is showm to generate a “devaluation bias” which undermines the credibility of a fixed exchange rate. The effect of reputational factors, signaling considerations, and joining a currency union as possible solutions to this bias is examined.
Author: Kari Alho
Publisher: Springer Science & Business Media
ISBN: 9400903472
Category : Business & Economics
Languages : en
Pages : 220
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Book Description
European integration has come a long way since the fIrst steps in the aftermath of the Second World War. At that time, the neutral European countries chose to stay outside the European Economic Community. Those countries that wanted less ambitious cooperation formed the European Free Trade Association. Increasing trade dependence between the two groupings was institutionalised when they signed free-trade agreements with each other, creating thus a wider European free-trade area in manufactures. The strong push towards deepening integration among EC countries, manifested in the Single European Act in 1985, and the dismantling of non-tariff barriers to trade and factor flows in the EC by 1993, made it necessary for EFTA countries to secure access on equal conditions to their most important export market and thus prevent trade diversion. The ensuing agreement on the European Economic Area responded to these demands, but did not resolve the apparent asymmetry in EEA decision-making. This emanated from the supremacy ofEC legislation over EEA rules, thus making EFTA countries passively adjust to EC norms. Consequently, Finland applied for membership in the EC in March 1992, with effect from 1995. The latest phase in the integration process, the Treaty on European Union, has an aim to further deepening, e. g. the formation of the economic and monetary union by 1999.
Author: Giovanni Piersanti
Publisher: Oxford University Press
ISBN: 0199653127
Category : Business & Economics
Languages : en
Pages : 407
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Book Description
An overview of the causes and consequences of speculative attacks on domestic currency and international financial turmoil. It provides a comprehensive treatment of the existing theories of exchange rate crises and of financial market runs.
Author: Guy Standing
Publisher: International Labour Organization
ISBN: 9789221095132
Category : Business & Economics
Languages : en
Pages : 524
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Book Description
Author: Michael J. Oliver
Publisher: Edward Elgar Publishing
ISBN: 9781847205490
Category : History
Languages : en
Pages : 382
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Book Description
The First and Second World Wars, the great depression, oil shocks, inflation, financial crises, stock market crashes, the collapse of the Soviet command economy and Third World disasters are discussed in this comprehensive book. The contributors subject these disasters to in-depth assessment, carefully considering their costs and impact on specific countries and regions, as well as assessing them in a global context. The book examines the legacy of economic disasters and asks whether economic disasters are avoidable or whether policymakers can learn from their mistakes.
