Download or read book Essays in the International Economics of Credit and Banking written by Bekele Sinkie Gebregiorgis and published by . This book was released on 2008 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Global Money written by Graham Bird and published by Springer. This book was released on 1988-05-24 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of articles and papers has been organised under a limited number of specific themes in international financial economics, including balance of payment theory and policy, the activities of the IMF, Special Drawing Rights, the role of the private financial markets, and the international economic order. A unifying theme running through all the essays is that some degree of management of international financial affairs is desirable. The book has a strong policy orientation and should be of interest to students and practitioners of international financial economics alike.
Download or read book Essays in International Economics written by Peter B. Kenen and published by Princeton University Press. This book was released on 2019-01-29 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written form 1957 through 1978 by one of the foremost authorities in the field of international economics, this collection of Peter Kenen's previously published essays deals with issues in the pure theory of international trade, international monetary theory, and international monetary reform. The essays in Part I, "Trade, Tariffs, and Welfare," concern the roles of tangible and human capital in the determination of trade patterns, the joint determination of demand conditions and trade patterns, the gains from international trade, and the effects of migration on economic welfare. Part II, "International Monetary Theory and Policy," contains essays on the theory of gold-exchange standard, the determination of forward exchange rates, the demand for international reserves, economic integration and the delineation of currency areas, and the process of balance of payments adjustment under pegged and floating exchange rates. The essays in Part III, "Monetary Reform and the Dollar," are arranged in chonological order, from 1963 through 1977, and focus on the problems and progress of international monetary reform and on the functioning of the present international monetary system. Peter B. Kenen is Walker Professor of Economics and International Finance at Princeton University. The Princeton Sereies of Collected Essays provides facsimile reprints, in paperback and in cloth, of important articles by leading scholars. Originally published in 1981. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book Gold Credit and Employment written by G. D. H. Cole and published by Routledge. This book was released on 2017-11-08 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1930, the essays in this book discuss some of the leading financial controversies of the early 1930s in non-technical language. Rationalisation, the Gold Standard and the problems of currency and credit in their relation to unemployment are among the questions discussed. The volume as a whole is a plea at once for a revision of the (then) current banking policy and for a more energetic effort by the Government to break into the vicious circle of unemployment and under-consumption.
Download or read book Essays in International Economics written by Poonam Gupta and published by . This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Theory and Financial Policy written by Jacques J. Polak and published by Routledge. This book was released on 2016-07-22 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: As former Director of Research and a founding member of the Executive Board of the International Monetary Fund, Jacques J. Polak has advised theoreticians and policymakers worldwide. This collection brings together his most current writings, and is published under the auspices of the IMF. The hallmark of Dr. Polak's recent research has been his ability to draw on decades of personal experience and reflection to comprehend and describe the context for current policy debates. In the past decade, he has contributed much to the debates on international financial policy and the role of the IMF, and this volume brings together most of these recent papers to make them accessible to a broader audience.
Download or read book Three Empirical Essays in Financial Economics and International Finance written by Marek Kolar and published by . This book was released on 2008 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in International Economics written by Hannah Claire Gabriel and published by . This book was released on 2020 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1: This paper contributes to a growing literature on the effects of credit constraints on international trade, and an existing body of literature on the exporting advantage of multinational firms. Using 2013 data from Estonian and Hungarian exporting firms, I find that traditional measures of credit constraints (cash flows, debt to sales ratio, and tangible asset share) have a significant negative effect on the intensive margin of international trade, and being a multinational affiliate has a positive effect on trade. Multinational affiliates export nearly twice as much as domestic firms. I find no strong evidence that multinational affiliates are less credit constrained than domestic firms conditional on firms already exporting. Therefore, any differences between the two types of firms appear on the extensive margin of trade or in domestic activities. Estonia and Hungary are relatively recent EU members that experienced an influx of foreign investment during their transition periods in the 1990s. Therefore, these results provide useful information for studying the long-term benefits of EU accession and foreign investment in transition economies.Chapter 2: This paper analyzes the impact of multinational banking and multinational ownership on the performance of exporting Central European firms. Using a panel of Hungarian, Croatian, and Estonian exporters, I find that controlling for a firm's borrowing behavior leads to a 12.5% reduction in the coefficient on multinational status. Such a non-trivial amount indicates that the "multinational advantage" in export revenue falls from 122% to 102%. This outcome is strongest for Hungarian firms and weakest for Croatian firms, indicating a long-run benefit to increases in foreign banking among recent EU members. Additionally, I find that the Hungarian government's effort to increase domestic banking presence by purchasing two major multinational banks, MKB and Budapest Bank, led to a $270,000 decrease in loans among domestically owned exporters. However, this purchase had no effect on the loans of multinational affiliates. These results provide evidence that multinational affiliates are better able to smooth their borrowing behavior in the presence of a tumultuous banking sector, and that the firms most affected by anti-global banking policies are smaller, locally owned firms. Chapter 3: In 2014, the Austrian bank Hypo Group Alpe Adria went bankrupt and was purchased and rebranded as Addiko bank. The bank was purchased by the American banking group Advent International, and the European Bank for Reconstruction and Development (EBRD), an international organization that serves as an investment bank in former transition economies. Their primary goal is to assist European transition countries in establishing or enriching a market-based economy. In this paper, I explore how this "bailout" of Addiko Bank by an international organization affected exporting firms in Croatia. Specifically, I investigate whether there was a positive effect on firm performance, therefore justifying the need for intervention by an international financial institution. I find that the turnover of Addiko bank led to a $260,000 decrease in loans taken out by firms. However, this effect seems to occur immediately after the turnover, and vanishes over time. Additionally, I find no effect on the export revenue, and total revenue of firms, and a small increase in the domestic revenue amongst the firms. These results indicate that after an initial period of turmoil, the intervention by EBRD and Advent International had no lasting negative (and perhaps slightly positive) effects on firm outcomes.
Download or read book Further Essays in Monetary Economics Collected Works of Harry Johnson written by Harry G. Johnson and published by Routledge. This book was released on 2013-07-18 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sequel to Essays in Monetary Economics, this book develops the ideas on domestic and international monetary issues, with reference to specific events and crises of the 1960s and 70s. These essays are distinguished by the author’s expert grasp of the analytical techniques and contemporaneous policy problems of both domestic and international monetary economics.
Download or read book Trade Globalization and Development written by Rajat Acharyya and published by Springer Science & Business Media. This book was released on 2013-06-18 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was written in honour of Professor Kalyan K. Sanyal, who was an excellent educator and renowned scholar in the field of international economics. One of his research papers co-authored with Ronald Jones, entitled “The Theory of Trade in Middle Products” and published in American Economic Review in 1982, was a seminal work in the field of international trade theory. This paper would go on to inspire many subsequent significant works by researchers across the globe on trade in intermediate goods. The larger impact of any paper, beyond the number of citations, lies in terms of the passion it sparks among younger researchers to pursue new questions. Measured by this yardstick, Sanyal’s contribution in trade theory will undoubtedly be regarded as historic. After completing his Ph.D. at the University of Rochester he joined the Department of Economics at Calcutta University in the early 1980s and taught trade theory there for almost three decades. His insights, articulation and brilliance in teaching international economics have influenced and shaped the intellectual development of many of his students. After his sudden passing in February 2012, his students and colleagues organized a symposium in his honour at the Department of Economics, Jadavpur University from April 19 to 20, 2012. This book, a small tribute to his intellect and contribution, has been a follow-up on that endeavour, and a collective effort of many people including his teachers, friends, colleagues and students. In a nutshell it discusses intermediation of various kinds with significant implications for market integration through trade and finance. That trade can generate many non-trade-service sector links has recently emerged as a topic of growing concern and can trace its lineage back to the idea of the middle product, a recurring concept in Prof. Sanyal’s work.
Download or read book Finance and the International Economy 3 written by Richard O'Brien and published by Oxford University Press, USA. This book was released on 1990 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: These eleven essays are the prize-winning entrants in the third annual Essay Competition run by the Amex Bank Review. The subjects range over key international issues, including: prospects for ruble convertibility; stock markets and economic and political reform in China; aid for business in developing countries; the effects of exchange-rate fluctuations on United States prices; domestic deficit; debt overhang; and capital outflows in developing countries.
Download or read book Three Essays in International Economics written by Ling Huang and published by . This book was released on 2001 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Current Federal Reserve Policy Under the Lens of Economic History written by Owen F. Humpage and published by Cambridge University Press. This book was released on 2015-03-05 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: A retrospective on the Federal Reserve, these essays by leading historians and economists investigate how financial infrastructure shapes economic outcomes.
Download or read book Regulation of Banks and Finance written by Carlos A. Peláez and published by Palgrave Macmillan. This book was released on 2009-11-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the financial crisis engulfs the world economy, there is an ambitous agenda for regulatory reform. This book provides a comprehensive review of the analysis of finance, economics and the law and economics, illuminating past and current banking and financial regulation designed to prevent another credit/dollar crisis and global recession.
Download or read book International Financial Intermediation Deficits Benign and Malignant written by George Nikolaus Halm and published by Princeton, N.J. : International Finance Section, Department of Economics, Princeton University. This book was released on 1968 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Gold Credit Employment written by George Douglas Howard Cole and published by . This book was released on 1931 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Banking and World Economic Growth written by S Kaushik and published by Praeger. This book was released on 1987-11-17 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the decade of the 1980s draws to a close, international debt--and the role of international banks in solving the debt crisis--is considered by some to be the major problem facing the world's economies. This collection of essays, contributed by some of the nation's most respected thinkers, academics, policy advisors, and top ranking executives examines the world monetary system in terms of its institutions and mechanisms and their relationship to liquidity, exchange rates, credit creation, trade, and growth. Practicing professionals, academics, and all those interested in monetary theory will find this volume to be an excellent reference on questions of policy relating to international banking, world monetary system, and world economic growth in the late 1980s.
