Download or read book The Dedollarisation Paradigm written by Jarrel E and published by Independently Published. This book was released on 2023-09-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Dedollarisation Paradigm: Rethinking Global Financial Systems In an age of profound economic transformation, the world is witnessing a fundamental shift away from the once unassailable dominance of the United States dollar (USD) in global finance. The pages of history are being rewritten as nations, economies, and financial institutions grapple with the challenges and opportunities of dedollarisation. "The Dedollarisation Paradigm: Rethinking Global Financial Systems" offers an insightful and comprehensive exploration of this paradigm shift. In this groundbreaking book, we embark on a journey into the heart of the dedollarisation phenomenon. We delve deep into the complexities of a multipolar monetary system and examine its far-reaching implications for the global economy, trade, investment, and geopolitics. Through meticulous research, expert analysis, and real-world case studies, we unravel the intricacies of a world less dependent on the USD and the emergence of alternative reserve currencies. "The Dedollarisation Paradigm" takes readers on a compelling exploration of the history of the US dollar's rise to global prominence and its impact on international finance. It dissects the Bretton Woods System and dollar hegemony, laying bare the intricate web of financial power that has characterized the post-World War II era. But this book doesn't stop at history. It goes on to provide a forward-looking perspective, offering a roadmap for dedollarisation strategies and highlighting the benefits, challenges, and risks associated with this monumental shift. It explores the role of central banks in dedollarisation, the challenges of currency diversification, and the need for international cooperation in a multipolar world. Through in-depth analysis and thoughtful commentary, "The Dedollarisation Paradigm" equips readers with a nuanced understanding of the global financial system's future. It offers a glimpse into the potential scenarios that may unfold and their implications for global stability, trade relations, and economic equilibrium. Key Themes - Historical Perspective: The USD's journey from its inception to global dominance. - Bretton Woods System: How it shaped the dollar's hegemony. - Dedollarisation Strategies: Roadmaps for nations seeking to reduce USD dependence. - The Role of Central Banks: Their influence in the dedollarisation process. - Currency Diversification: Reducing risk through a multipolar monetary landscape. - Global Stability: Implications of dedollarisation on trade, finance, and geopolitics. "The Dedollarisation Paradigm: Rethinking Global Financial Systems" is an essential read for policymakers, economists, financial experts, and anyone seeking to comprehend the transformative forces at play in the global financial arena. With a wealth of information and a forward-thinking approach, this book shines a light on the evolving world of finance and the profound implications of dedollarisation on a global scale.

Download or read book De Dollarization written by Anne Korin and published by . This book was released on 2019-08-26 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dollar's status as the world's preeminent currency, together with the U.S. military, has underlain American power since World War II. In a sweeping review of one of the most seminal yet least noticed developments in international affairs, Gal Luft and Anne Korin describe how an emerging coalition of revisionist countries, rogue governments, techno-visionaries and sanctioned entities, buttressed by innovations like blockchain and 5G, are working to push the dollar off of its reserve currency throne.It would not be the first time. Preceding the dollar, five consecutive currencies, each belonging to a superpower of the time, ruled the markets. Each predominated for roughly 80-100 years, and as it tumbled to irrelevance it accelerated the decline of the empire behind it.Are we due for a rerun?The slow moving shift from the dollar may be the single most important factor determining the future of American power. Arresting this trend will require Americans to make tough choices.Luft and Korin are co-directors of the Washington, DC-based Institute for the Analysis of Global Security (IAGS).

Download or read book The Washington Consensus Reconsidered written by Narcís Serra and published by OUP Oxford. This book was released on 2008-04-24 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together many of the leading international figures in development studies, such as Jose Antonio Ocampo, Paul Krugman, Dani Rodrik, Joseph Stiglitz, Daniel Cohen, Olivier Blanchard, Deepak Nayyar and John Williamson to reconsider and propose alternative development policies to the Washington Consensus. Covering a wide range of issues from macro-stabilization to trade and the future of global governance, this important volume makes a real contribution to this important and ongoing debate. The volume begins by introducing the Washington Consensus, discussing how it was originally formulated, what it left out, and how it was later interpreted, and sets the stage for a formulation of a new development framework in the post-Washington Consensus era. It then goes on to analyze and offer differing perspectives and potential solutions to a number of key development issues, some which were addressed by the Washington Consensus and others which were not. The volume concludes by looking toward formulating new policy frameworks and offers possible reforms to the current system of global governance.

Download or read book The Evidence and Impact of Financial Globalization written by and published by Academic Press. This book was released on 2012-12-31 with total page 807 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sharp realities of financial globalization become clear during crises, when winners and losers emerge. Crises usher in short- and long-term changes to the status quo, and everyone agrees that learning from crises is a top priority. The Evidence and Impact of Financial Globalization devotes separate articles to specific crises, the conditions that cause them, and the longstanding arrangements devised to address them. While other books and journal articles treat these subjects in isolation, this volume presents a wide-ranging, consistent, yet varied specificity. Substantial, authoritative, and useful, these articles provide material unavailable elsewhere. - Substantial articles by top scholars sets this volume apart from other information sources - Rapidly developing subjects will interest readers well into the future - Reader demand and lack of competitors underline the high value of these reference works

Download or read book Can BRICS De dollarize the Global Financial System written by Zongyuan Zoe Liu and published by Cambridge University Press. This book was released on 2022-03-24 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Existing scholarship has not systematically examined BRICS (Brazil-Russia-India-China-South Africa) as a rising power de-dollarization coalition, despite the group developing multiple de-dollarization initiatives to reduce currency risk and bypass US sanctions. To fill this gap, this study develops a 'Pathways to De-dollarization' framework and applies it to analyze the institutional and market mechanisms that BRICS countries have created at the BRICS, sub-BRICS, and BRICS Plus levels. This framework identifies the leaders and followers of the BRICS de-dollarization coalition, assesses its robustness, and discerns how BRICS mobilizes other stakeholders. The authors employ process tracing, content analysis, semi-structured interviews, archival research, and statistical analysis of quantitative market data to analyze BRICS activities during 2009-2021. They find that BRICS' coalitional de-dollarization initiatives have established critical infrastructure for a prospective alternative nondollar global financial system. This title is also available as Open Access on Cambridge Core.

Download or read book Survey of Literature on Demand for Money written by Mr.Subramanian S. Sriram and published by International Monetary Fund. This book was released on 1999-05-01 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: A stable money demand forms the cornerstone in formulating and conducting monetary policy. Consequently, numerous theoretical and empirical studies have been conducted in both industrial and developing countries to evaluate the determinants and the stability of the money demand function. This paper briefly reviews the theoretical work, tracing the contributions of several researchers beginning from the classical economists, and explains relevant empirical issues in modeling and estimating money demand functions. Notably, it summarizes the salient features of a number of recent studies that applied cointegration/error-correction models in the 1990s, and it features a bibliography to aid in research on demand for money.

Download or read book Managing Capital Flows written by Masahiro Kawai and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Capital Flows provides analyses that can help policymakers develop a framework for managing capital flows that is consistent with prudent macroeconomic and financial sector stability. While capital inflows can provide emerging market economies with invaluable benefits in pursuing economic development and growth, they can also pose serious policy challenges for macroeconomic management and financial sector supervision. The expert contributors cover a wide range of issues related to managing capital flows and analyze the experience of emerging Asian economies in dealing with surges in capital inflows. They also discuss possible policy measures to manage capital flows while remaining consistent with the goals of macroeconomic and financial sector stability. Building on this analysis, the book presents options for workable national policies and regional policy cooperation, particularly in exchange rate management. Containing chapters that bring in international experiences relevant to Asia and other emerging market economies, this insightful book will appeal to policymakers in governments and financial institutions, as well as public and private finance experts. It will also be of great interest to advanced students and academic researchers in finance.

Download or read book Financial Market Regulation and Reforms in Emerging Markets written by Masahiro Kawai and published by Brookings Institution Press. This book was released on 2011 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the wake of the global financial crisis that began in 2008, offers a systematic overview of recent developments in regulatory frameworks in advanced and emerging-market countries, outlining challenges to improving regulation, markets, and access in developing economies"--Provided by publisher.

Download or read book The Technology Fallacy written by Gerald C. Kane and published by MIT Press. This book was released on 2022-08-23 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why an organization's response to digital disruption should focus on people and processes and not necessarily on technology. Digital technologies are disrupting organizations of every size and shape, leaving managers scrambling to find a technology fix that will help their organizations compete. This book offers managers and business leaders a guide for surviving digital disruptions—but it is not a book about technology. It is about the organizational changes required to harness the power of technology. The authors argue that digital disruption is primarily about people and that effective digital transformation involves changes to organizational dynamics and how work gets done. A focus only on selecting and implementing the right digital technologies is not likely to lead to success. The best way to respond to digital disruption is by changing the company culture to be more agile, risk tolerant, and experimental. The authors draw on four years of research, conducted in partnership with MIT Sloan Management Review and Deloitte, surveying more than 16,000 people and conducting interviews with managers at such companies as Walmart, Google, and Salesforce. They introduce the concept of digital maturity—the ability to take advantage of opportunities offered by the new technology—and address the specifics of digital transformation, including cultivating a digital environment, enabling intentional collaboration, and fostering an experimental mindset. Every organization needs to understand its “digital DNA” in order to stop “doing digital” and start “being digital.” Digital disruption won't end anytime soon; the average worker will probably experience numerous waves of disruption during the course of a career. The insights offered by The Technology Fallacy will hold true through them all. A book in the Management on the Cutting Edge series, published in cooperation with MIT Sloan Management Review.

Download or read book Dollarization written by Eduardo Levy Yeyati and published by MIT Press. This book was released on 2003 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Theoretical and empirical analysis of de jure dollarization. With the persistent instability of international financial markets, emerging economies are exploring new ways to reduce exposure to capital flow volatility. Some analysts argue that financially open economies are best served by more flexible regimes, while others argue in favor of extreme exchange rate regimes that have a strong commitment to a fixed parity or dispense with an independent currency. The successful launch of the euro has made more realistic the prospect of replacing a national currency with a strong foreign one. Recent examples include the adoption of the US dollar by Ecuador and El Salvador. The introduction of a foreign currency as sole legal tender, termed full (de jure) dollarization, has been the center of much political and academic debate. This book provides a comprehensive analysis of the issues from both theoretical and empirical perspectives. The topics discussed include the role of balance sheet effects, the linkage between currency risk and country risk, the impact of dollarization on trade, financial integration and credibility, the implications of dollarization for the lender of last resort, and the institutional and political economy aspects of dollarization.

Download or read book Handbook on Critical Political Economy and Public Policy written by Christoph Scherrer and published by Edward Elgar Publishing. This book was released on 2023-01-20 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive and stimulating Handbook examines the contribution of political economy to public policy. It provides an overview of several strands of critical political economy, supported by case studies from OECD countries, Latin America, South Africa, and South and East Asia.

Download or read book Handbook of Development Economics written by Dani Rodrick and published by Elsevier. This book was released on 2009-11-09 with total page 1066 pages. Available in PDF, EPUB and Kindle. Book excerpt: What guidance does academic research really provide to economic policy development? The critical and analytical surveys in this volume investigate links between policies and outcomes by surveying work from broad macroeconomic policies to interventions in microfinance. Asserting that there are no universal correspondences between policies and outcomes, contributors demonstrate instead that only an intense familiarity with the development context and the universe of applicable economic models can generate successful policies. Getting cause-and-effect right is essential for policy design and implementation. With the goal of drawing researchers and policy makers closer, this volume highlights our increasing understanding of ways to combine economic theorizing with careful, thoughtful empirical work. - Presents an accurate, self-contained survey of the current state of the field - Summarizes the most recent discussions, and elucidates new developments - Although original material is also included, the main aim is the provision of comprehensive and accessible surveys

Download or read book Market Volatility and Foreign Exchange Intervention in EMEs written by Banco de Pagos Internacionales (Basilea, Suiza). Departamento Monetario y Económico and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mission Possible written by Valeria Gontareva and published by AuthorHouse. This book was released on 2020-07-15 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: “This is an extraordinary book from an extraordinary person. This book is an insightful, candid and passionate account of her approach and policy experience. She has called it a ‘Practical Manual’ for reforms – it is that but also much more: a historical record of reforms against all odds.” – Erik Berglof, Director of LSE Institute of Global Affairs “Many emerging economies often lack practical experience in transforming themselves into fully-functioning market-oriented economies and this Practical Manual will help you with this task. Moreover, the book is precisely about how to accomplish drastic reforms in wartime – and I truly believe that the wartime of COVID-19 is an unprecedented opportunity for reform.” – Valeria Gontareva, Former Governor of the National Bank of Ukraine In addition, Valeria received a nomination for her work as the Governor of the National Bank of Ukraine in the Financial Times’s Women of the Year 2019 list.

Download or read book The Dedollarization Paradigm written by Jarrel E. and published by . This book was released on 2023-11-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Dedollarisation Paradigm: Rethinking Global Financial Systems In an age of profound economic transformation, the world is witnessing a fundamental shift away from the once unassailable dominance of the United States dollar (USD) in global finance. The pages of history are being rewritten as nations, economies, and financial institutions grapple with the challenges and opportunities of dedollarisation. "The Dedollarisation Paradigm: Rethinking Global Financial Systems" offers an insightful and comprehensive exploration of this paradigm shift. In this groundbreaking book, we embark on a journey into the heart of the dedollarisation phenomenon. We delve deep into the complexities of a multipolar monetary system and examine its far-reaching implications for the global economy, trade, investment, and geopolitics. Through meticulous research, expert analysis, and real-world case studies, we unravel the intricacies of a world less dependent on the USD and the emergence of alternative reserve currencies. "The Dedollarisation Paradigm" takes readers on a compelling exploration of the history of the US dollar's rise to global prominence and its impact on international finance. It dissects the Bretton Woods System and dollar hegemony, laying bare the intricate web of financial power that has characterized the post-World War II era. But this book doesn't stop at history. It goes on to provide a forward-looking perspective, offering a roadmap for dedollarisation strategies and highlighting the benefits, challenges, and risks associated with this monumental shift. It explores the role of central banks in dedollarisation, the challenges of currency diversification, and the need for international cooperation in a multipolar world. Through in-depth analysis and thoughtful commentary, "The Dedollarisation Paradigm" equips readers with a nuanced understanding of the global financial system's future. It offers a glimpse into the potential scenarios that may unfold and their implications for global stability, trade relations, and economic equilibrium. Key Themes - Historical Perspective: The USD's journey from its inception to global dominance. - Bretton Woods System: How it shaped the dollar's hegemony. - Dedollarisation Strategies: Roadmaps for nations seeking to reduce USD dependence. - The Role of Central Banks: Their influence in the dedollarisation process. - Currency Diversification: Reducing risk through a multipolar monetary landscape. - Global Stability: Implications of dedollarisation on trade, finance, and geopolitics. "The Dedollarisation Paradigm: Rethinking Global Financial Systems" is an essential read for policymakers, economists, financial experts, and anyone seeking to comprehend the transformative forces at play in the global financial arena. With a wealth of information and a forward-thinking approach, this book shines a light on the evolving world of finance and the profound implications of dedollarisation on a global scale.

Download or read book Global Economic Prospects June 2019 written by World Bank Group and published by World Bank Publications. This book was released on 2019-07-11 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth appears to be stabilizing after a period of marked weakness, but it remains fragile. A modest recovery in emerging market and developing economies continues to be constrained by subdued investment, which is dampening prospects and impeding progress toward achieving critical development goals. Downside risks to the outlook remain elevated, and policymakers continue to face major challenges to boost resilience and foster long-term growth. this issue includes essays on the benefits and risks of government borrowing, recent investment weakness in emerging market and developing economies, the pass-through of currency depreciations to inflation, and the evolution of growth in low-income countries.

Download or read book The Dollarization Debate written by Dominick Salvatore and published by Oxford University Press, USA. This book was released on 2003 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes a global approach to one of today's most controversial topics in business: Dollarization. With the collapse of the former Soviet Union, and the formation of the Euro in Europe, many countries are debating whether or not a common currency is in their best interest. This intriguing volume brings together the leading participants in the current dollarization debates.