Download or read book Dollar Shortage Yen Shortage written by Heinz Wolfgang Arndt and published by . This book was released on 1995 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Dollar Crisis written by Richard Duncan and published by John Wiley & Sons. This book was released on 2011-10-31 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this updated, second edition of the highly acclaimed international best seller, The Dollar Crisis: Causes, Consequences, Cures, Richard Duncan describes the flaws in the international monetary system that have destabilized the global economy and that may soon culminate in a deflation-induced worldwide economic slump. The Dollar Crisis is divided into five parts: Part One describes how the US trade deficits, which now exceed US$1 million a minute, have destabilized the global economy by creating a worldwide credit bubble. Part Two explains why these giant deficits cannot persist and why a US recession and a collapse in the value of the Dollar are unavoidable. Part Three analyzes the extraordinarily harmful impact that the US recession and the collapse of the Dollar will have on the rest of the world. Part Four offers original recommendations that, if implemented, would help mitigate the damage of the coming worldwide downturn and put in place the foundations for balanced and sustainable economic growth in the decades ahead. Part Five, which has been newly added to the second edition, describes the extraordinary evolution of this crisis since the first edition was completed in September 2002. It also considers how the Dollar Crisis is likely to unfold over the years immediately ahead, the likely policy response to the crisis, and why that response cannot succeed. The Dollar Standard is inherently flawed and increasingly unstable. Its collapse will be the most important economic event of the 21st Century.
Download or read book The US Dollar Shortage in Global Banking and the International Policy Response written by Patrick M. McGuire and published by . This book was released on 2009 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Among the policy responses to the global financial crisis, the international provision of US dollars via central bank swap lines stands out. This paper studies the build-up of stresses on banks' balance sheets that led to this coordinated policy response. Using the BIS international banking statistics, we reconstruct the worldwide consolidated balance sheets of the major national banking systems. This allows us to investigate the structure of banks' global operations across their offices in various countries, shedding light on how their international asset positions are funded across currencies and counterparties. The analysis first highlights why a country's 'national balance sheet', a residency-based measure, can be a misleading guide to where the vulnerabilities faced by that country's national banking system (or residents) lie. It then focuses on banking systems' consolidated balance sheets, and shows how the growth (since 2000) in European and Japanese banks' US dollar assets produced structural US dollar funding requirements, setting the stage for the dollar shortage when interbank and swap markets became impaired"--Abstract.
Download or read book From Asian to Global Financial Crisis written by Andrew Sheng and published by Cambridge University Press. This book was released on 2009-09-28 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a unique insider account of the new world of unfettered finance. The author, an Asian regulator, examines how old mindsets, market fundamentalism, loose monetary policy, carry trade, lax supervision, greed, cronyism, and financial engineering caused both the Asian crisis of the late 1990s and the global crisis of 2008–9. This book shows how the Japanese zero interest rate policy to fight deflation helped create the carry trade that generated bubbles in Asia whose effects brought Asian economies down. The study's main purpose is to demonstrate that global finance is so interlinked and interactive that our current tools and institutional structure to deal with critical episodes are completely outdated. The book explains how current financial policies and regulation failed to deal with a global bubble and makes recommendations on what must change.
Download or read book The Internationlization of the Renminbi written by International Monetary Institute and published by Routledge. This book was released on 2013-11-07 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis, rooted in the United States, has changed the world’s economic and financial structures. The Chinese government has made some arrangements in the post-crisis to ensure stable economic growth in volatile international economic environments and to protect its own interests from unfair international monetary treatments. The internationalization of Renminbi (RMB) is one of China's most important national strategies in the 21st century and is symbolic in the rise of China. This book aims to document the process and the development of the internationalization of Renminbi and to identify the challenges. The book introduces an index of internationalization of Renminbi. It also uses a comprehensive multi-variable index to determine the degree of internationalization of Renminbi. This book helps readers to understand the current status of the reformation on China’s currency system, the process of internationalization of the RMB and the current, intricate political and economic relations.
Download or read book Hearings Reports and Prints of the House Committee on Banking Currency and Housing written by United States. Congress. House. Committee on Banking, Currency, and Housing and published by . This book was released on 1973 with total page 1510 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Monetary Reform written by United States. Congress. House. Committee on Banking and Currency. Subcommittee on International Finance and published by . This book was released on 1973 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Liquidity and the Financial Crisis written by William A. Allen and published by Cambridge University Press. This book was released on 2013-01-03 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the ongoing financial crisis, policy makers have for the most part appeared to be reactive, formulating emergency solutions as events unfold. However, in contrast to their performance during the Great Depression, central banks around the world, led by the Federal Reserve, acted decisively following the collapse of Lehman Brothers and provided huge injections of liquidity into the financial markets, thereby preventing a far worse outcome. International Liquidity and the Financial Crisis compares the 2008 crisis with the disaster of 1931 and explores the similarities and differences. It considers the lasting effects of the crisis on international liquidity, the possibilities for an international lender of last resort, and the enlargement of the International Monetary Fund after the crisis. It shows that there is no clear demarcation between monetary and macro-prudential policies, and discusses how central banks need to adapt to a new environment in which global liquidity is much scarcer.
Download or read book The Global Financial Crisis written by Satyendra Nayak and published by Springer Science & Business Media. This book was released on 2013-01-30 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis, though originating in the US, is global and comparable with the Great Depression of the 1930s. The book takes both micro and macro view of the crisis. It examines the evolution of the global monetary system and looks at the crisis from a systemic angle. It examines the institutional changes in American capitalism and market mechanisms. The dynamics of the market and its cyclical characters are discussed. It examines the structural changes in the US economy. The role of globalization and international funds flow, their changing character and the growing interdependence among nations have been examined. At the micro level, the book discusses the subprime market and the gaps in the system that created the crisis. It deals with the supervisory structure and growing influence of the derivatives market and the synthetic products that are threatening the financial system. It also analyzes the fundamental changes in the global trading and payments patterns, which are influencing the US balance of payments and the US dollar. The secular changes in the structure of the US economy are impacting the global economy. The work deals with the measures taken to resolve the crisis both in the US and on a global scale. The reforms necessary to avoid the recurrence of the crisis are outlined. The study aims to underline these factors and draw a perspective for the US dollar. It is also proposed to draw a scenario for a more efficient and equitable global monetary system with a role for the US dollar along with a new vehicle for international payments and finance. This would also include the reform of the global economic system and the IMF. The special feature of the book is that it takes a holistic view of the problem. The systemic and macro issues are discussed in addition to its microanalysis.
Download or read book Foreigners in Japan written by Gopal Kshetry and published by Xlibris Corporation. This book was released on 2008-12-20 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan began to fascinate the West after the account of Marco Polos sojourn in China. This set off an interest in the oriental world. The Portuguese, being the first, arrived in Japan in 1543 which was followed by others. The experience Japan had with Europeans put upon itself isolation for about 200 years. After the forceful opening by Mathew Perry in 1853, many Westerners again began to arrive in Japan. Later during the 1980s, there was an influx of migrant workers which become a hot topic of debate. The book throws much light onto the historical background as well as the events that lead up to the present state of affairs in relation to issues of discrimination, crimes and problems related to foreigners.
Download or read book The Economic Report of the President written by United States. Congress. Joint Economic Committee and published by . This book was released on 1973 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Financial Flows in the Pre and Post global Crisis Periods written by Yoichi Matsubayashi and published by Springer Nature. This book was released on 2022-09-03 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers many aspects of excessive expansion of cross-border capital flows underlying the global financial crises that occurred in succession in the form of the subprime mortgage crisis, the collapse of Lehman Brothers, and the European debt crisis. Obtaining a broader picture of financial flows at the global level from various perspectives is essential to comprehensively understand the fundamental causes for a series of global-scale financial crises and to formulate effective policy responses in the future. The topics addressed here include a basic concept and overview of global liquidity in a broad sense, domestic and international credit activities of financial institutions in both advanced and emerging countries, and global demand for US dollars. Offshore bond issuance in BRICs countries, including its implications for the Chinese shadow banking sector, uncovered interest rate parity puzzle, and related policies such as capital controls are covered as well. This book is highly recommended to readers who seek an in-depth and up-to-date integrated overview of the dynamics of today’s globalized financial markets.
Download or read book The United States and Japan in the Postwar World written by Akira Iriye and published by University Press of Kentucky. This book was released on 2021-05-11 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major phenomenon in the post-World War II world is the rise of Japan as a leading international economic and industrial power. This advance began with American aid in rebuilding the nation after the war, but it has now seen Japan rival and even outstrip the United States on several fronts. The relations between the two powers and the impact that they have on economic and political factors during the postwar years are the focus of this important book. The editors, Akira Iriye and Warren I. Cohen, themselves noted authorities on Asian affairs, have gathered here contributions from a distinguished group of American and Japanese scholars. The resulting collection represents a unique blend of viewpoints from each side of the American-Japanese relationship.
Download or read book Currencies and Politics in the United States Germany and Japan written by C. Randall Henning and published by Peterson Institute. This book was released on 1994 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Currencies and Politics is the first comprehensive, in-depth comparison of the institutions and processes that formulate domestic and external monetary policy in the U.S., Germany, and Japan. It outlines the differences in policymaking among the three countries and the policy patterns they produced over the postwar period.
Download or read book International Monetary Reform written by United States Congress. house. Banking and Currency Committee and published by . This book was released on 1973 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book To Assure a Reasonable and Stable Exchange Rate for the Dollar written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy and published by . This book was released on 1984 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japan s Nuclear Crisis written by S. Carpenter and published by Springer. This book was released on 2011-12-12 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis and exploration into the impact of Japan's 2011 nuclear crisis. Investigation of the disaster will pose questions regarding why Daiichi was constructed in an earthquake-prone zone and was still operating despite problems that had been plaguing the reactors since 1989 such as cracks in infrastructure and leaks in radioactivity.
