Download or read book Currency Conflict and Trade Policy written by C. Fred Bergsten and published by Columbia University Press. This book was released on 2017-06-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Conflicts over currency valuations are a recurrent feature of the modern global economy. To strengthen their international competitiveness, many countries resort to buying foreign currencies to make their exports cheaper and their imports more expensive. In the first decade of the 21st century, for example, China's currency manipulation practices were so flagrant that they produced a backlash in the United States and other trading partners, prompting threats of retaliation. How damaging is the practice of currency manipulation—and how extensive is the problem? This book by C. Fred Bergsten and Joseph E. Gagnon—two leading experts on trade, investment, and the effects of currency manipulation—traces the history, causes, and effects of currency manipulation and analyzes a range of policy responses that the United States could adopt. The book is an indispensable guide to a complex and serious problem and what might be done to solve it.
Download or read book Currency Wars written by James Rickards and published by Penguin. This book was released on 2012-08-28 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currency war that had destroyed faith in the U.S. dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon. Currency wars are one of the most destructive and feared outcomes in international economics. At best, they offer the sorry spectacle of countries' stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation, and sometimes actual violence. Left unchecked, the next currency war could lead to a crisis worse than the panic of 2008. Currency wars have happened before-twice in the last century alone-and they always end badly. Time and again, paper currencies have collapsed, assets have been frozen, gold has been confiscated, and capital controls have been imposed. And the next crash is overdue. Recent headlines about the debasement of the dollar, bailouts in Greece and Ireland, and Chinese currency manipulation are all indicators of the growing conflict. As James Rickards argues in Currency Wars, this is more than just a concern for economists and investors. The United States is facing serious threats to its national security, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds. Greater than any single threat is the very real danger of the collapse of the dollar itself. Baffling to many observers is the rank failure of economists to foresee or prevent the economic catastrophes of recent years. Not only have their theories failed to prevent calamity, they are making the currency wars worse. The U. S. Federal Reserve has engaged in the greatest gamble in the history of finance, a sustained effort to stimulate the economy by printing money on a trillion-dollar scale. Its solutions present hidden new dangers while resolving none of the current dilemmas. While the outcome of the new currency war is not yet certain, some version of the worst-case scenario is almost inevitable if U.S. and world economic leaders fail to learn from the mistakes of their predecessors. Rickards untangles the web of failed paradigms, wishful thinking, and arrogance driving current public policy and points the way toward a more informed and effective course of action.
Download or read book The Currency Conflict written by Jacob William Schuckers and published by . This book was released on 1877 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The International Monetary System written by Robert A. Mundell and published by Private Planning Association of Canada. This book was released on 1965 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Conflict of Federal and State Banking Laws written by United States. Congress. House. Committee on Banking and Currency and published by . This book was released on 1963 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Download or read book The Future of Money written by Eswar S. Prasad and published by Harvard University Press. This book was released on 2021-09-28 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think weÕve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force wonÕt be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.
Download or read book Foreign Currency Claims in the Conflict of Laws written by Vaughan Black and published by . This book was released on 2010 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Problems in assessment of damages remain among the most contentious aspects of private law disputes. The assessment exercise becomes particularly difficult when one of the parties asks that damages be assessed in some foreign currency or claims that, even though damages should be assessed in the currency of the forum, foreign exchange losses should form a head of loss. The 1975 decision of the House of Lords in Miliangos v George Frank (Textiles) Ltd was revolutionary in that it permitted English courts to award judgment in a foreign currency. Miliangos has been influential throughout the commo.
Download or read book A History of American Currency written by William Graham Sumner and published by . This book was released on 1874 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Lingering Conflict written by Itamar Rabinovich and published by Brookings Institution Press. This book was released on 2011-11-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Lingering Conflict Itamar Rabinovich, a former chief negotiator for Israel, provides unique and authoritative insight into the prospects for genuine peace in the Middle East. His presentation includes a detailed insider account of the peace processes of 1992–96 and a frank dissection of the more dispiriting record since then. Rabinovich's firsthand experiences as a negotiator and as Israel's ambassador to the United States provide a valuable perspective from which to view the major players involved. Fresh analysis of ongoing situations in the region and the author's authoritative take on key figures such as Ehud Barak and Benjamin Netanyahu shed new light on the long and tumultuous history of Arab-Israeli relations. His book is a shrewd assessment of the past and current state of affairs in the Middle East, as well as a sober look at the prospects for a peaceful future. While Rabinovich explains the conflict between Israel and the Palestinians—a classic dispute between two national movements claiming the same land— The Lingering Conflict also considers the broader political, cultural, and increasingly religious conflict between the Jewish state and Arab nationalism. He approaches the troubled region in an international context, offering provocative analysis of America's evolving role and evaluation of its diplomatic performance. This book builds on the author's previous seminal work on geopolitics in the Middle East, particularly Waging Peace. As Rabinovich brings the Arab-Israeli conflict up to date, he widens the scope of his earlier insights into efforts to achieve normal, peaceful relations. And, of course, he takes full account of recent social and political tumult in the Middle East, discussing the Arab Spring uprisings—and the subsequent retaliation by dictators such as Syria's al-Asad and Libya's Qaddafi—in the context of Arab-Israeli relations.
Download or read book Foreign Currency Claims in the Conflict of Laws written by Vaughan Black and published by Bloomsbury Publishing. This book was released on 2010-04-13 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Problems in assessment of damages remain among the most contentious aspects of private law disputes. The assessment exercise becomes particularly difficult when one of the parties asks that damages be assessed in some foreign currency or claims that, even though damages should be assessed in the currency of the forum, foreign exchange losses should form a head of loss. The 1975 decision of the House of Lords in Miliangos v George Frank (Textiles) Ltd was revolutionary in that it permitted English courts to award judgment in a foreign currency. Miliangos has been influential throughout the common law world and courts in the commonwealth and the United States now contemplate awarding damages in currencies other than their own. However, that modernisation has hardly eliminated the problems in this area. When may a judge assess damages in a currency other than that of the forum? If a court elects to assess damages in its own currency, what conversion date should it select in converting from a foreign currency that was relevant to the obligations between the parties? In an age of fluctuating currencies questions of this nature present judges with choices involving significant financial implications. This book takes a comparative look at how common law courts have addressed damages claims when foreign currencies are involved, and at statutory responses to that issue. It describes the practices of UK, Commonwealth and American courts in this field and draws both on principles of private international law and of damages assessment to analyse current practice. This title is included in Bloomsbury Professional's International Arbitration online service.
Download or read book Money and the Mechanism of Exchange written by William Stanley Jevons and published by New York : D. Appleton, c[1875]. This book was released on 1875 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Series title also at head of t.p.
Download or read book The Great Rebalancing written by Michael Pettis and published by Princeton University Press. This book was released on 2014-10-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: How trade imbalances spurred on the global financial crisis and why we aren't out of trouble yet China's economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies. Debunking popular misconceptions, Pettis shows that severe trade imbalances spurred on the recent financial crisis and were the result of unfortunate policies that distorted the savings and consumption patterns of certain nations. Pettis examines the reasons behind these destabilizing policies, and he predicts severe economic dislocations that will have long-lasting effects. Demonstrating how economic policies can carry negative repercussions the world over, The Great Rebalancing sheds urgent light on our globally linked economic future.
Download or read book Silence written by Maria-Luisa Achino-Loeb and published by Berghahn Books. This book was released on 2005-12-30 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about silence and power and how they interact. It argues that only by studying how silence works-how it is implicated in the construction of meaning-can we arrive at the elusive roots of power in all its dimensions. Silence becomes the currency of power by delineating the margins or what we perceive and through a sleight of hand wherein behaviors undertaken in the service of self-interest appear instead as inevitable and devoid of human agency. The theoretical load of this argument is carried by vivid ethnographic material dealing with music, linguistic behavior, racial conflicts, work dislocations, and the construction of anthropological subjects and texts.
Download or read book The Political Economy of Everyday Life in Africa written by Wale Adebanwi and published by Boydell & Brewer. This book was released on 2017 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multi-disciplinary examination of the role of ordinary African people as agents in the generation and distribution of well-being in modern Africa.
Download or read book Man Out written by Andrew L. Yarrow and published by Brookings Institution Press. This book was released on 2018-09-11 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The story of men who are hurting—and hurting America by their absence Man Out describes the millions of men on the sidelines of life in the United States. Many of them have been pushed out of the mainstream because of an economy and society where the odds are stacked against them; others have chosen to be on the outskirts of twenty-first-century America. These men are disconnected from work, personal relationships, family and children, and civic and community life. They may be angry at government, employers, women, and "the system" in general—and millions of them have done time in prison and have cast aside many social norms. Sadly, too many of these men are unsure what it means to be a man in contemporary society. Wives or partners reject them; children are estranged from them; and family, friends, and neighbors are embarrassed by them. Many have disappeared into a netherworld of drugs, alcohol, poor health, loneliness, misogyny, economic insecurity, online gaming, pornography, other off-the-grid corners of the internet, and a fantasy world of starting their own business or even writing the Great American novel. Most of the men described in this book are poorly educated, with low incomes and often with very few prospects for rewarding employment. They are also disproportionately found among millennials, those over 50, and African American men. Increasingly, however, these lost men are discovered even in tony suburbs and throughout the nation. It is a myth that men on the outer corners of society are only lower-middle-class white men dislocated by technology and globalization. Unlike those who primarily blame an unjust economy, government policies, or a culture sanctioning "laziness," Man Out explores the complex interplay between economics and culture. It rejects the politically charged dichotomy of seeing such men as either victims or culprits. These men are hurting, and in turn they are hurting families and hurting America. It is essential to address their problems. Man Out draws on a wide range of data and existing research as well as interviews with several hundred men, women, and a wide variety of economists and other social scientists, social service providers and physicians, and with employers, through a national online survey and in-depth fieldwork in several communities.
Download or read book How Enemies Are Made written by Günther Schlee and published by Berghahn Books. This book was released on 2010-03 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: In popular perception cultural differences or ethnic affiliation are factors that cause conflict or political fragmentation although this is not borne out by historical evidence. This book puts forward an alternative conflict theory. The author develops a decision theory which explains the conditions under which differing types of identification are preferred. Group identification is linked to competition for resources like water, territory, oil, political charges, or other advantages. Rivalry for resources can cause conflicts but it does not explain who takes whose side in a conflict situation. This book explores possibilities of reducing violent conflicts and ends with a case study, based on personal experience of the author, of conflict resolution. Günther Schlee was a Professor at Bielefeld until 1999. He currently is the director of the section Integration and Conflict at the Max Planck Institute for Social Anthropology, Halle, focusing on Africa, Central Asia, and Europe. His publications include Identities on the Move: Clanship and Pastoralism in Northern Kenya (International African Institute, 1989), How Enemies are Made (Berghahn, 2008), Rendille Proverbs in their Social and legal Context (with Karaba Sahado) and Boran Proverbs in their Cultural Context (with Abdullahi Shongolo) (both Cologne: Rüdiger Köppe).
