Download or read book Economics of the International Financial System written by Sukumar Nandi and published by Routledge Chapman & Hall. This book was released on 2017-07-04 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics of the International Financial System offers an illuminating, engaging and lucid account of the working of 21st-century global political economy. From a macroeconomic perspective, it explores how major capitalist economies are closely integrated with each other in that none can remain unaffected by economic events around the globe. The book is one of the first in its genre to examine: the origin and relevance of international money as a concept and phenomenon; the structure of various money markets; the nature and functioning of major international financial institutions such as the World Bank, International Monetary Fund (IMF) and International Bank for Reconstruction and Development (IBRD); and the dynamics of the new world financial system that emerged after the demise of Bretton Woods system. This will form an essential reading for students and scholars of international monetary economics, international corporate finance, researchers, policymakers, bankers and financial executives.
Download or read book 101 Things Everyone Needs to Know about the Global Economy written by Michael Taillard and published by Simon and Schuster. This book was released on 2012-12-18 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The principles of global economics in easy-to-understand terms! The news is full of accounts of the rise and fall of economies around the world, but you may not know how these changes can affect your life. 101 Things Everyone Needs to Know about the Global Economy takes the basics of global economics and breaks them into ten straightforward chapters. From the organizations involved and trade imbalances to global risk and foreign investment, Dr. Michael Taillard describes the world markets in terms that you can recognize. You'll also learn how these matters affect the United States and your own financial future. With 101 Things Everyone Needs to Know about the Global Economy, you get the information you need to not only protect your finances, but also reap the benefits of other nations' wealth and resources.
Download or read book New Institutional Arrangements for the World Economy written by Hans-Jürgen Vosgerau and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Institutional Arrangements for the World Economy Hans-Jiirgen Vosgerau, Konstanz I. The Problem During the first days of July 1987 the newly established Sonderforschungs bereich 178 "Internationalisierung der Wirtschaft" held its first symposium in Konstanz/Bodensee. "New Institutional Arrangements for the World Economy" were discussed by a group of economists and lawyers working in the fields of interna tional trade, international monetary economics, international finance, international public choice, and international economic law. Cooperation between these areas of research is an important condition for attaining the long-term aim of the Sonderforschungsbereich, viz. analysis of the complex interdependencies between international economic transactions of various kinds and international economy related institutions in a broad sense. The nature of these interdependencies seems to be crucial for the world economy's further development. A better understanding of their characteristics will be helpful for the solution of most imminent international economic problems. Four problem areas were especially addressed during the conference, each con sisting of three or four contributions. The revised papers are presented in this volume, each followed by a comment of the invited discussant, or by a summary of the discussion. The last contribution is meant as a summary conclusion and has no comment. The four problem areas discussed were: (1) Exchange rate stabilization and econ omic policy coordination, (2) International financial markets and their regulation, (3) Protectionism and the Uruguay GAIT-round, and (4) The institutional frame work for international production.
Download or read book Discipline in the Global Economy written by Jakob Vestergaard and published by Routledge. This book was released on 2009-01-13 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Discipline in the Global Economy, Jakob Vestergaard investigates the currently prevailing regulation of international finance, launched in response to the financial crises of the 1990’s. At the core of this approach is a set of standards of ‘best practice’, ranging from banking supervision to corporate governance. Vestergaard argues that although these standards are presented as ‘international’, they comprise a norm for the ‘proper’ organization and regulation of economies which is intimately related to the Anglo-American model of capitalism. With this approach to the regulation of international finance, previous deregulation policies were replaced by a comprehensive system for the global disciplining of economies. This is a remarkable, if not paradoxical, occurrence in what is allegedly the heyday of neoliberalism and ‘free market economy’. Moreover, this mode of international financial regulation has proved ineffective, if not counter-productive, in terms of its objective to enhance the stability and resilience of the international financial system. Only by abandoning ‘laissez-fairy tales’ about liberalism may we begin to understand our present predicament– and open a space for critical thinking on modes of international economic governance that are at the same time more conducive to financial stability and more in line with the ethos of liberalism.
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 Following the Money written by National Research Council and published by National Academies Press. This book was released on 1995-11-12 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many questions have been raised about America's status in the increasingly interconnected global economy. Yet key factsâ€"such as the amount of foreign assets abroad owned by U.S. citizensâ€"are not known. The crucial data needed to assess the U.S. position are unavailable. This volume explores significant shortcomings in U.S. data on international capital transactions and their implications for policymakers. The volume offers clearcut recommendations for U.S. agencies to bring data collection and analyses of the global economy into the twenty-first century. The volume explores: How factors emerging since the early 1980s have shaped world financial markets and revealed shortcomings in data collection and analysis. How the existing U.S. data system works and where it fails how measurements of international financial transactions are recorded; and how swaps, options, and futures present special reporting problems. How alternative methods, such as collecting data, from sources such as global custodians and international clearinghouses, might improve coverage and accuracy.
Download or read book Islamic Finance in the Global Economy written by Ibrahim Warde and published by Edinburgh University Press. This book was released on 2014-03-11 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A second edition of Islamic Finance in the Global Economy, substantially revised and updated to take into account the recent developments in the field.
Download or read book C Fred Bergsten and the World Economy written by Michael Mussa and published by Peterson Institute. This book was released on 2006 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: This engaging and informative book covers the range of issues on which C. Fred Bergsten and the Peterson Institute have distinguished themselves over the last 25 years, including trade liberalization, exchange rate regimes, international financial architecture, debt, economic sanctions and the impact of technology and globalization. Most of the Institute's senior research staff have contributed chapters, which are both retrospective and prescriptive.
Download or read book Governing the Global Economy written by Ethan B. Kapstein and published by Harvard University Press. This book was released on 1994 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text examines the actions that governments have taken to cope with the economic and political consequences associated with the globalization of international finance. Topics covered include the Third World debt crisis and the collapse of the Bank of Credit and Commerce International, BCCI.
Download or read book Managing the World Economy written by Peter B. Kenen and published by Peterson Institute for International Economics. This book was released on 1994 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international economic order established at Bretton Woods, New Hampshire in 1944 has contributed significantly to world growth and stability. But the world economy will be very different in the 21st century due to the end of the Cold War, the advent of new economic powers, and the globalization of markets and companies. The Group of Seven major industrial democracies, at their Naples summit in July 1994, decided to consider "What framework of institutions will be required to meet the challenges of the 21st century?" and "How can we adapt existing institutions and build new institutions to ensure the future prosperity and security of our people?"
Download or read book Airport Finance and Investment in the Global Economy written by Anne Graham and published by Routledge. This book was released on 2016-10-04 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: While there are a multitude of publications on corporate finance and financial management, only a few address the complexity of air transport industry finance and scant attention has been given to airport financial management. This book deals exclusively with airport issues to rectify this. It does this with an analysis of the theoretical concepts relevant to the subject area combined with a detailed investigation of current practice within the industry. Airport Finance and Investment in the Global Economy bridges the gap between much academic research on airports published in recent years – lacking much managerial relevance – and real-world airport financial management. This is achieved by featuring expert analysis of contemporary issues specific to airport finance and funding strategies, illustrated by worked examples from a wide range of different countries to enhance understanding and create a global perspective. The book is designed to appeal to both practitioners and academics. Airport-specific topics include: performance measurement and benchmarking, valuation, tools for financial control and management, alternatives of financing, privatisation, competition and implications of economic regulation.
Download or read book The United States and the World Economy Foreign Economic Policy for the Next Decade written by C. Fred Bergsten and published by Peterson Institute. This book was released on 2005 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Finance and The Developing Economies written by G. Bird and published by Springer. This book was released on 2003-12-19 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are many challenges facing the economies of developing countries. Capital volatility, financial crises, aid, debt and the IMF are all issues that have received a great deal of attention over recent years. In International Finance and The Developing Economies , Graham Bird provides an essentially non-technical discussion of these issues, examining the underlying political economy and discussing the policy alternatives that are available.
Download or read book Leveraged written by Moritz Schularick and published by University of Chicago Press. This book was released on 2022-12-13 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative guide to the new economics of our crisis-filled century. Published in collaboration with the Institute for New Economic Thinking. The 2008 financial crisis was a seismic event that laid bare how financial institutions’ instabilities can have devastating effects on societies and economies. COVID-19 brought similar financial devastation at the beginning of 2020 and once more massive interventions by central banks were needed to heed off the collapse of the financial system. All of which begs the question: why is our financial system so fragile and vulnerable that it needs government support so often? For a generation of economists who have risen to prominence since 2008, these events have defined not only how they view financial instability, but financial markets more broadly. Leveraged brings together these voices to take stock of what we have learned about the costs and causes of financial fragility and to offer a new canonical framework for understanding it. Their message: the origins of financial instability in modern economies run deeper than the technical debates around banking regulation, countercyclical capital buffers, or living wills for financial institutions. Leveraged offers a fundamentally new picture of how financial institutions and societies coexist, for better or worse. The essays here mark a new starting point for research in financial economics. As we muddle through the effects of a second financial crisis in this young century, Leveraged provides a road map and a research agenda for the future.
Download or read book Development Finance in the Global Economy written by T. Addison and published by Springer. This book was released on 2008-04-17 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: A positive chapter has begun in finance for poor countries. Yet progress remains tentative. This book looks at how to make international finance better serve the needs of poor countries and poor people. It contains contributions by economists and political scientists who have been at the centre of the international policy debate.
Download or read book Finance and the International Economy 5 written by Richard O'Brien and published by . This book was released on 1991 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains the 11 prize-winning essays of the 1991 AMEX Bank Review essay competition in international economics and financial markets. Each essay carries a strong message for policymakers or the markets. This annual competition is run in memory of Professor Robert Marjolin, the first head of the OECD and leading architect of post-war Europe.
Download or read book Rebalancing the Global Economy written by Stijn Claessens and published by CEPR. This book was released on 2010-08 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this electronic book is to provide policymakers and their advisers with up-to-date, comprehensive analyses of the central facets of global economic imbalances and to identify and evaluate potential national and systemic responses to this challenge. To break down the many facets of this collective economic challenge, leading experts were asked to address one of the following policy-relevant questions. 1. How large are contemporary current account imbalances? Why do they persist? 2. What are the systemic costs of imbalances? 3. What are the lessons from previous attempts to rebalance the global economy? 4. What would rebalancing entail? Which policies must change? Is collective action needed? 5. What is the political viability of proposals to rebalance national economies? 6. Are new system-wide accords needed to promote rebalancing or to discourage persistent imbalances? www.voxeu.org/reports/global_imbalances.pdf
