Download or read book Negative Interest Rate Policy NIRP written by Andreas Jobst and published by International Monetary Fund. This book was released on 2016-08-10 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than two years ago the European Central Bank (ECB) adopted a negative interest rate policy (NIRP) to achieve its price stability objective. Negative interest rates have so far supported easier financial conditions and contributed to a modest expansion in credit, demonstrating that the zero lower bound is less binding than previously thought. However, interest rate cuts also weigh on bank profitability. Substantial rate cuts may at some point outweigh the benefits from higher asset values and stronger aggregate demand. Further monetary accommodation may need to rely more on credit easing and an expansion of the ECB’s balance sheet rather than substantial additional reductions in the policy rate.
Download or read book Switzerland written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2018-06-18 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes key features of corporate taxation in Switzerland. The Swiss corporate tax system includes many aspects of a territorial regime; is highly attractive for multinational companies; and collects non-negligible revenues, but the status quo is not sustainable. The proposed reform would eliminate differences in the tax treatment of foreign and Swiss sourced income. Further, cantons are expected to lower their corporate income tax (CIT) rates, bringing the combined (municipal, cantonal, and federal) tax rate (averaged across cantons) to about 13.9 percent. Costs of lowering the CIT rates would be unequally distributed across cantons, and would be costlier for cantons with a large immobile CIT base.
Download or read book Debt Limit of the United States Hearings Jan 29 Feb 14 1943 written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 1943 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Balance of International Payments of the United States in 1922 written by United States. Bureau of Foreign and Domestic Commerce and published by . This book was released on 1930 with total page 870 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hearings written by United States. Congress Senate and published by . This book was released on 1941 with total page 2754 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hoarding and the Expansion of Currency in Circulation written by Joseph B. Hubbard and published by . This book was released on 1932 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Reserve Bulletin written by and published by . This book was released on 1943 with total page 1278 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Establishment of National Economic Council written by United States. Congress. Senate. Committee on Manufactures and published by . This book was released on 1932 with total page 794 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nazi Conspiracy and Aggression written by United States. Office of Chief of Counsel for the Prosecution of Axis Criminality and published by . This book was released on 1946 with total page 1128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How to Fulfil the UN Sustainability Goals written by Felix Fuders and published by Springer Nature. This book was released on 2023-10-11 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book combines the field of economics —especially monetary theory— with other disciplines like ecology, physics, humanities, social sciences and development theory. This transdisciplinary approach makes the book a unique contribution for researchers, students, policy makers and professionals working in governmental or nongovernmental institutions, as well as anyone interested in society’s well-being and achieving a true social-ecological transformation. It is written in an accessible language in order to reach a broad audience. In 2015, more than 190 world leaders recognized that the world is on a “collision course” (Max-Neef) and committed to 17 Sustainable Development Goals (SDGs). Many conferences and high-level meetings have been held since then, and one of the most frequently discussed topics is how to finance these goals. There is a widespread belief that coming up with more money for sustainable development will “do the trick”. Usually, the discussions focus on finding additional financial resources in order to achieve the goals faster. In this book it is argued that not only is more money needed, but it needs to be a different kind of money. The book demonstrates that ALL but one of the SDGs are directly linked to our monetary system, which —being completely unnatural— can be seen as the most important, but at the same time least recognized, reason for market failure. Many people think we just need to do more, faster, better. Very few say that we have done things fundamentally wrong and that the institutions and values which motivated us to do those things need to be changed. It will be concluded that only if we change our unnatural design of money to a more natural one, will we be able to reach these goals
Download or read book It s Money written by Charles Moore and published by charles. This book was released on 2020-11-01 with total page 1311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Because most people and their countries seek wealth and power, and because money and credit are the biggest single influence on how wealth and power rise and decline, if one does not seek knowledge of how money works, one cannot understand the biggest driver of politics within and between countries; hence one cannot understand how the world order works. If one doesn’t understand how the world order works, one can’t understand the post-pandemic debt tsunami that’s coming. I believe that the times ahead will be radically different from the times we have experienced so far in our lifetimes. It is indeed quite astonishing that money, ever-present in our lives, is so poorly understood; even by many economic experts themselves. This incomprehension stems from the deliberate efforts of the financial sector to “obscure its activities” in order to maintain its omnipotence. This book seeks to address this “crisis of ignorance” by providing an easily understood and comprehensive understanding of money in the hope of empowering people against finance’s grip over their lives and those of their society. The digital revolution post-pandemic, will lead to a radical departure from the traditional model of monetary exchange. The creation of a Digital Financial Market Infrastructure will underpin the unbundling and re-bundling of the functions of money within society. Although digital money itself is not new to modern economies, digital legal tender (DLT), which exists without any Ledger or Central Bank, will facilitate instantaneous peer-to-peer transfers of value in a way that today is impossible. The importance of digital connectedness, will often supersede the importance of macroeconomic links, and lead to the establishment of “Digital Financial Markets” linking the currency to membership of a particular financial market rather than to a specific country. Capitalism underpins wealth generation and hence the existence of a free digital financial market. This book seeks to transform Money into a digital currency, which supports a more equitable access to capital, and ensure its convertibility into a universal World Currency Unit as digital legal tender. Digital currencies without borders may also cause an upheaval of the international monetary system: countries that are socially or digitally integrated with their neighbours may face digital dollarization, and the prevalence of systemically important platforms could lead to the emergence of digital currency areas that transcend national borders. Digital legal tender, within a multiplicity of currencies, ensures that money as a public good, remains a relevant medium of exchange which achieves payment finality to all transactions. Additionally, the universal supranational-currency, the World Currency Unit is defined to support the global transfer of value between any two people on the planet today, without the need for any treaties, or financial service intermediaries. Universal access to capital which is readily convertible to globally trusted units of account combined with a censorship-resistant means of payment underpins global trade, will improve market access for holders of low per-unit value, producers, and consumers in developing and developed countries. The Vision is a Borderless Global Market, underpinning universal wealth creation, which never closes… This book defines the Universe of Discourse(domain) and hence creates a shared conceptual schema (or language) within which to communicate and deploy a Digital Currency, to achieve universal legal finality to all financial transactions.
Download or read book Karl Marx s Economics written by John Cunningham Wood and published by Taylor & Francis. This book was released on 2004-11 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Growth and Long Cycles written by Nikolaos Chatzarakis and published by Taylor & Francis. This book was released on 2024-06-03 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary capitalism is characterized by periods of vigorous economic growth and periods of slow or even negative growth. This book draws on the classical political economy approach to consider both economic cycles and economic growth and draw conclusions about the inherent instability of the modern economy. The book shows that the work of the old classical economists (Smith and Ricardo) and Marx is theoretically sound and capable of providing answers to both growth and cycles. It also demonstrates the potential and natural integration of growth and cycles in a single model. The microeconomic foundation of this model is the labor theory of value, which continues with the General Law of Capital Accumulation, the Law of the Falling Rate of Profit, and the movement of the Industrial Reserve Army of Labour. Finally, a dynamic model of growth-cum-cycles is constructed consisting of the evolution and interaction of five key variables, namely, the rate of profit, the propensity to invest in fixed capital, technological change, the reserve army of labour, and the rate of capital devaluation. The analysis demonstrates that economic growth and cycles are not disconnected from each other, as they have been treated in the literature, but rather interdependent aspects of the same evolutionary process of a capitalist economy. This book will interest readers in the history of economic thought, economic growth and development, macroeconomics, and political economy.
Download or read book Economic History of India 1857 1956 written by and published by Allied Publishers. This book was released on with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Investigation of Economic Problems written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1933 with total page 1324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Cambridge Economic History of India Volume 1 C 1200 c 1750 written by Tapan Raychaudhuri and published by CUP Archive. This book was released on 1982 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the history of India during the period c. 1200-c. 1750.
Download or read book Labour Finance and the War written by Adam W. Kirkaldy and published by BoD – Books on Demand. This book was released on 2023-09-26 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reprint of the original, first published in 1873.
