Download or read book Borrowing Credibility written by Jana Grittersova and published by University of Michigan Press. This book was released on 2017-07-28 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores multinational banks' role in enhancing monetary credibility, revealing the importance of market confidence in an interconnected world

Download or read book Lending Credibility written by Randall W. Stone and published by Princeton University Press. This book was released on 2012-01-06 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the end of the Cold War, the International Monetary Fund emerged as the most powerful international institution in history. But how much influence can the IMF exert over fiercely contested issues in domestic politics that affect the lives of millions? In Lending Credibility, Randall Stone develops the first systematic approach to answering this question. Deploying an arsenal of methods from a range of social sciences rarely combined, he mounts a forceful challenge to conventional wisdom. Focusing on the former Soviet bloc, Stone finds that the IMF is neither as powerful as some critics fear, nor as weak as others believe, but that the answer hinges on the complex factor of how much credibility it can muster from country to country. Stone begins by building a formal, game-theoretic model of lending credibility, which he then subjects to sophisticated quantitative testing on original data from twenty-six countries over the 1990s. Next come detailed, interview-based case studies on negotiations between the IMF and Russia, Ukraine, Poland, and Bulgaria. Stone asserts that the IMF has exerted startling influence over economic policy in smaller countries, such as Poland and Bulgaria. However, where U.S. foreign policy interests come more heavily into play, as in Russia, the IMF cannot credibly commit to enforcing the loans-for-policy contract. This erodes its ability to facilitate enduring market reforms. Stone's context is the postcommunist transition in Europe and Asia, but his findings carry implications for IMF activities the world over.

Download or read book Persuade written by Andres Lares and published by John Wiley & Sons. This book was released on 2021-05-27 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transform your ability to persuade and negotiate with this practical new resource In Persuade: The 4-Step Process to Influence People and Decisions, accomplished sales, negotiation, and influence experts Andres Lares, Jeff Cochran, and Shaun Digan PhD deliver a concise and insightful take on how to transform your ability to persuade others regardless of the setting. In this important book you'll discover: Original research and scientific studies shedding light on the human decision-making processes that drive success and failure in virtually all interactions Real world examples and practical exercises to illustrate and practice the concepts discussed A fun yet rigorous approach of a complex subject that can be practically applied in any business situation Persuade is perfect for executives, managers, entrepreneurs, and other business leaders and will earn a place in the libraries of any professional who negotiates or influences on a regular basis. It is an invaluable resource for anyone seeking to improve their persuasion or deal-making abilities.

Download or read book Inflation Credibility and the Role of the International Monetary Fund written by Mr.Carlo Cottarelli and published by International Monetary Fund. This book was released on 1998-09-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper argues that many developing countries may find it difficult to buttress disinflation programs purely through the adoption of traditional credibility-enhancing devices (such as monetary anchors and central bank independence), owing to “technical problems” (for example, high instability of money demand, increased capital mobility) and an insufficient endowment of credibility in the political institutions. In these cases, borrowing credibility from an outside agency like the International Monetary Fund may be the most effective solution. The paper discusses the different options that would allow the Fund to support programs aimed not at external adjustment—the Fund’s traditional role—but at disinflation.

Download or read book Sovereign Debt Sustainability and Central Bank Credibility written by Tim Willems and published by International Monetary Fund. This book was released on 2022-01-28 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article surveys the literature on sovereign debt sustainability from its origins in the mid-1980s to the present, focusing on four debates. First, the shift from an “accounting based” view of debt sustainability, evaluated using government borrowing rates, to a “model based” view which uses stochastic discount rates. Second, empirical tests focusing on the relationship between primary balances to debt. Third, debt sustainability in the presence of rollover risk. And fourth, whether government borrowing costs below rates of growth (“r

Download or read book Green Computing written by Bud E. Smith and published by CRC Press. This book was released on 2013-07-08 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explaining how going green can pay for itself, Green Computing: Tools and Techniques for Saving Energy, Money, and Resources ties the green agenda in IT to the broader corporate agenda in risk management, brand management, and reputation management. Written by a leading author in the IT field, this authoritative reference provides easy access to quotable budget justifications that readers can use to place IT stakeholders on the same page for this new agenda that can save valuable resources and the planet. Bringing together everything IT professionals need to know about green computing, the book embodies a new philosophy on how to deploy IT devices, software, and services in a way that makes people more effective with fewer resources. It presents helpful tips on how to maximize energy savings as well as how to present information gradually to allow peers and stakeholders to absorb it. The book’s comprehensive coverage includes various types of hardware and software, including the changes currently happening, underlying trends, products currently on the market, and what to expect—or, in some cases, what organizations should ask for—from suppliers in the future. On the hardware side, the book considers tablet computers—examining the iPad® and Android®-based tablets. On the software side, it examines the general trend toward cloud computing. It provides important examples of this rapidly emerging trend as well as guidance on how to use the cloud to make software available and to store large amounts of data. Demonstrating the savings and increased business resiliency that can result from green computing, this book offers C-suite executives, senior IT management, project managers, suppliers, and market analysts with the tools required to understand why you need to act, how to act, what to buy, when to do it, and who should act.

Download or read book The Road To Maastricht written by Kenneth Dyson and published by OUP Oxford. This book was released on 1999-10-28 with total page 881 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and monetary union in the European Union represents a massive change for Europe and for the world. The Road to Maastricht identifies why the agreement was possible and how the agreement was made. The book examines the motives that inspired European political leaders, the strategies that they pursued, and the institutions that were used to achieve monetary union. Drawing on a wide range of sources and unprecedented research and interviews, the book combines careful political analysis with new information about the way in which European Monetary Union was negotiated. It delves into the complex forces at work in Europe, including the cross-national political interactions, to produce an authoritative account of the boldest and riskiest venture in the history of European integration.

Download or read book Conservative Liberalism Ordo liberalism and the State written by Kenneth Dyson and published by Oxford University Press. This book was released on 2021-01-21 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses extensive original archival and elite interview research to examine the attempt to rejuvenate liberalism as a means of disciplining democracy and the market through a new rule-based economic and political order. This rebirth took the form of conservative liberalism and, in its most developed form, Ordo-liberalism. It occurred against the historical background of the great transformational crisis of liberalism in the first part of the twentieth century. Conservative liberalism evolved as a cross-national phenomenon. It included such eminent and cultured liberal economists as James Buchanan, Frank Knight, Henry Simons, Ralph Hawtrey, Jacques Rueff, Luigi Einaudi, Walter Eucken, Friedrich Hayek, Alfred Müller-Armack, Wilhelm Röpke, Alexander Rüstow, and Paul van Zeeland, as well as leading lawyers like Louis Brandeis, Franz Böhm, and Maurice Hauriou. Conservative liberals also played a formative role in establishing new international networks, notably the Mont Pèlerin Society. The book investigates the rich intellectual inheritance of this variant of new liberalism from aristocratic liberalism, ethical philosophy, and religious thought. It also locates the social basis of conservative liberalism and Ordo-liberalism in the cultivated bourgeois intelligentsia. The book goes on to examine the attempts to embed this new disciplinary form of liberalism in Britain, France, Germany, Italy, and the United States, and to consider the determinants of its varying significance across space and over time. It concludes by assessing the historical significance and contemporary relevance of conservative liberalism and Ordo-liberalism as liberalism confronts a new transformational crisis at the beginning of the new millennium. Is their promise of disciplining democracy and the market a hollow one?

Download or read book International Debt written by Constantine Stephanou and published by Springer. This book was released on 2012-11-29 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a group of international experts, this book focuses on three interdependent themes: (a) origins and consequences of the current debt crisis; (b) the systemic nature of the crisis; (c) national and international policy efforts to avoid a global collapse and bring about lasting reforms in the Euro zone and in the financial system.

Download or read book The Economic History of Central East and South East Europe written by Matthias Morys and published by Routledge. This book was released on 2020-12-29 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collapse of communism in Central, East and South-East Europe (CESEE) led to great hopes for the region and for Europe. A quarter of a century on, the picture is mixed: in many CESEE countries, the transformation process is incomplete, and the economic catch-up has taken longer than anticipated. The current situation has highlighted the need for a better understanding of the long-term political and economic implications of the Central, East and South-East European historical experience. This thematically organised text offers a clear and comprehensive guide to the economic history of CESEE from 1800 to the present day. Bringing together authors from both East and West, the book also draws on the cutting-edge research of a new generation of scholars from the CESEE region. Presenting a thoroughly modern overview of the history of the region, the text will be invaluable to students of economic history and CESEE area studies.

Download or read book Regional Financial Cooperation written by Jose Antonio Ocampo and published by Rowman & Littlefield. This book was released on 2007-08-29 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and Economic Commission for Latin America and the Caribbean (ECLAC) publication Using the experience of postwar Western Europe as a benchmark, José Antonio Ocampo and his colleagues assess how regional financial institutions can help developing countries—often at a disadvantage within the global financial framework— finance their investment needs, counteract the volatility of private capital flows, and make their voices heard. The 1997 Asian financial crisis generated extensive debate on the international financial architecture. Through this discussion, it became clear that services by financial institutions— including adequate mechanisms for preventing and managing financial crises, and instruments for safeguarding global macroeconomic and financial stability—are undersupplied. Furthermore, private international capital markets provide finance to developing countries in a way that effectively reduces the ability of those nations to undertake countercyclical macroeconomic policies. International capital markets ration out many developing countries, particularly the poorest, from private global capital markets. While these deficiencies in the financial architecture are clear, the post-1997 debate has done little to evaluate the role that regional institutions could play in improving global financial arrangements. Regional Financial Cooperation aims to fill that important gap. Contributors include Ernest Aryeetey (Institute of Statistical, Social and Economic Research, University of Ghana), Georges Corm (Saint Joseph University, Beirut), Roy Culpeper (North-South Institute, Ottawa), Ana Teresa Fuzzo de Lima (Institute of Development Studies, University of Sussex), Stephany Griffith-Jones (Institute of Development Studies, University of Sussex), Julia Leung (Hong Kong Monetary Authority), José Luis Machinea (ECLAC), Jae Ha Park (Korean Institute of Finance),Yung Chul Park (Korea University), Fernando Prada (FORO Nactional/International, Lima), Guillermo Rozenwurcel (School of Politics and Government, University of San Martin, Argentina)

Download or read book Spin Dictators written by Daniel Treisman and published by Princeton University Press. This book was released on 2023-04-04 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New Yorker Best Book of the Year A Foreign Affairs Best Book of the Year An Atlantic Best Book of the Year A Financial Times Best Politics Book of the Year How a new breed of dictators holds power by manipulating information and faking democracy Hitler, Stalin, and Mao ruled through violence, fear, and ideology. But in recent decades a new breed of media-savvy strongmen has been redesigning authoritarian rule for a more sophisticated, globally connected world. In place of overt, mass repression, rulers such as Vladimir Putin, Recep Tayyip Erdogan, and Viktor Orbán control their citizens by distorting information and simulating democratic procedures. Like spin doctors in democracies, they spin the news to engineer support. Uncovering this new brand of authoritarianism, Sergei Guriev and Daniel Treisman explain the rise of such “spin dictators,” describing how they emerge and operate, the new threats they pose, and how democracies should respond. Spin Dictators traces how leaders such as Singapore’s Lee Kuan Yew and Peru’s Alberto Fujimori pioneered less violent, more covert, and more effective methods of monopolizing power. They cultivated an image of competence, concealed censorship, and used democratic institutions to undermine democracy, all while increasing international engagement for financial and reputational benefits. The book reveals why most of today’s authoritarians are spin dictators—and how they differ from the remaining “fear dictators” such as Kim Jong-un and Bashar al-Assad, as well as from masters of high-tech repression like Xi Jinping. Offering incisive portraits of today’s authoritarian leaders, Spin Dictators explains some of the great political puzzles of our time—from how dictators can survive in an age of growing modernity to the disturbing convergence and mutual sympathy between dictators and populists like Donald Trump.

Download or read book EPIC Change written by Timothy R. Clark and published by John Wiley & Sons. This book was released on 2010-12-17 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: "More than ever, leaders are expected to be the change agents of their organizations. Yet CEO turnover continues to rise and organizations continue to struggle in their efforts to confront the fearsome adaptive challenges of the global age. Epic Change is a path-breaking contribution to the study of leadership and organizational change. Based on a landmark study of 53 cases of large-scale organizational change in business, healthcare, government, education, and the non-profit sector, acclaimed thought leader and researcher, Dr. Timothy R. Clark unveils the "Power Curve of Change" framework and EPIC system for change management (Evaluate, Prepare, Implement, Consolidate) for leaders who are charged to lead high-stakes change initiatives in their organizations. Epic Change presents a strategic-level road map, along with tactical level tools, for the every-day needs of leaders who must respond to all types of adaptive challenge to remain competitive. It represents a comprehensive, research-based program for leaders who want to develop the indispensable competency of leading change in a permanently and profoundly different age. Change rarely fails for lack of strategy—Clark shows that only the discretionary efforts of people can make change happen—and this requires leadership and energy management. The Epic Change approach has been successfully field-tested with leaders at all levels and in organizations around the world. This important resource provides leaders new research-based tools to increase and sustain the energy of any change effort."

Download or read book Inflation Institutions and Information written by Daniel Vaz and published by Springer. This book was released on 1996-04-22 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomics has undergone profound changes since the Keynesian consensus broke down in the mid-60s. Axel Leijonhufvud belonged to that core group of distinguished macroeconomists who wrought the changes that brought back the classical questions to the subject: microfoundations, money, markets, institutions, information, transition dynamics and much else. He fashioned a whole series of conceptual innovations that have become part of the folklore of monetary macroeconomics. In this collection of essays distinguished colleagues and former students pay homage to this gentle intellectual giant. Issues that have featured at the centre of Axel Leijonhufvud's research for over 30 years are discussed by the contributors. History of thought, philosophy of science and transition dynamics in addition to the more central issues of money, inflation, monetary regimes, information, institutions, microfoundations, increasing returns and stabilizing speculation are some of the central topics discussed, empirically and theoretically, in these essays.

Download or read book Restructuring Stabilizing and Modernizing the New Russia written by Paul J. J. Welfens and published by Springer Science & Business Media. This book was released on 2000 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: P.J.J. Welfens, Y. Gavrilenkov: Introduction.- The Russian Transformation Crisis: P.J.J. Welfens: Efficient External Liberalization in Russian Transformation.- Introduction.- Traditional and New Approaches for External Liberalization.- Policy Conclusions for Russia.- T. Komulainen: Currency Crisis Theories - Some Expanations for the Russian Case.- Introduction.- Currency Crisis Theories.- Conclusion.- R. Wiegert: Banking Sector and Financial Intermediation in the Russian Transformation Process.- Systemic Transformation, Growth Requirements and Financial Stability.- The Role of the Banking Sector.- Consequences for the Russian Banking Sector.- R. Grinberg: Institutional Failures of Market Transformation of the Russian Economy.- Introduction.- Examples of Institutional Failures in the Reform Policy in Russia.- The West in the Trap of Self-deception.- Russia Between Old and New Institutions.- The Reform of Institutional Basis of Economic Policy in Russia.- V. Gligorov, N. Sundstrom: Russian Crisis: Causes, Developments, Contagion and Prospects.- Introduction.- Constitution and Transformation.- Budgets, Markets and Banks.- Policy Responses and Mistakes.- The Collapse and Contagion.- Russian Prospects.- Conclusion.- Restructuring in Transition Economies: R. Döhrn: Foreign Direct Investment in Russia: An Engine of Structural Adjustment?.- Statistical Background.- Determinants of FDI and Projections for Russia.- FDI, Capital Formation, and Structural Change.- Conclusions.- G. Serebryakov: Russian Economy: Structural Change and Econometric Prospective.- Aggregate Econometric Macro Model for Russian Economy.- RIM - Russian Inter-industry Model.- Modeling and Some Specific Features of Russian Economy.- Economic Growth and Structural Change in 1990 - 1997.- Issues on Laborand Capital Costs Analysis.- Some Issues in Current Economic Development and Perspective Model Simulations.- Z. Ludvig: Economic Opening-Up, Policy Reforms and Relations with International Organizations: A Parallel between Hungary and Russia - Some Major Differences and Similarities.- Economic Opening-up and the Role of Foreign Trade Liberalization.- Relationship with International Organizations.- Stabilizing Russia: E. Gavrilenkov: Introduction.- The Impact of Monetary Policy on Macroeconomic Performance in Present Russia and Some Political Economy Issues.- The Conduct of Monetary Policy in Russia in the Context of International Experience and Conducting of Monetary Policy with Different Regimes.- Monetary Policy, Liquidiy Problems and Foreign Debt Service.- M. Vogelsang: Russian Capital Markets and International Financial Flows.- Introduction.- Some Questions on Recent Financial Crises.- The Model.- Capital Markets and Economy`s Wealth.- Exit Tax.- Some Remarks on Tax and Other Capital Controls.- Conclusion.- C. Faber, H. Strohe: Consumer Prices in Russia and Transforming Official Statistics.- Preface.- Some Short Methodological Notes Concerning the Russian CPI.- The Development of Russian CPI within the 90s.- A Comparison of CPI Development with other Economic Indicators.- Problems Concerning the Statistics of Consumer Prices.- Recommendations.- F. Bohn: The Rationale for Seigniorage in Russia - A Model-Theoretic Approach.- Introduction.- Economic and Political Model Components.- A Formal Intertemporal Model.- Conclusion and Outlook.- U. Thießen: Overcoming the Russian Banking Crisis: Theory, Some Empirical Findings and Policy Options.- Introduction.- Background of the Banking Crisis, Economic Costs, and Approach of the Authorities.- Modern Theoretical Findings of the Workings of Financial Markets and

Download or read book The Gold Standard Peripheries written by Anders Ögren and published by Springer. This book was released on 2011-12-16 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: The remarkably successful gold standard before 1914 was the first international monetary regime. This book addresses the experience of the gold standard peripheries; i.e. regime takers with limited influence on the regime. How did small countries adjust to an international monetary regime with seemingly little room for policy autonomy?

Download or read book Guatemala written by and published by . This book was released on 1996 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: