Read and Download eBook Full
Author: Maurice Obstfeld
Publisher: Cambridge University Press
Published: 2004
Total Pages: 386
ISBN-13: 9780521671798
DOWNLOAD EBOOKThis book is an economic survey of international capital mobility from the late nineteenth century to the present.
Author: Mr.Luca Antonio Ricci
Publisher: International Monetary Fund
Published: 2016-03-23
Total Pages: 39
ISBN-13: 1475522924
DOWNLOAD EBOOKThis paper studies the heterogeneous response across countries of local currency interest rates to foreign and domestic factors, thus contributing to the discussion on the policy trilemma in international economics. On average, floaters appear to be less affected by the U.S. in the short run (up to about one year). However, there is large cross-country heterogeneity in the response: floaters that care less about domestic objectives, exhibit stronger fear of floating, or show higher co-cyclicality with the U.S., respond more to foreign rates. This suggests that floating does not necessarily imply a lack of response of local policy rates to foreign ones, but seems to allow independence when needed. Moreover, the effect of foreign rates on the short end of the local interest rate curve seems to operate mainly via the foreign influence on local policy rates, thus suggesting that central banks may be themselves the source of conduit of the “global credit cycle” discussed by Rey (2014). At the same time, most countries face the equivalent of a “Greenspan conundrum” as their long term rates are mainly influenced by foreign factors.
Author: Hélène Rey
Publisher:
Published: 2013
Total Pages: 41
ISBN-13:
DOWNLOAD EBOOKAuthor: Peter Montiel
Publisher:
Published: 2018
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Gerard Caprio
Publisher: Academic Press
Published: 2012-11-27
Total Pages: 547
ISBN-13: 0123978750
DOWNLOAD EBOOKPolitical and social forces exert pressure on our globalized economy in many forms, from formal and informal policies to financial theories and technical models. Our efforts to shape and direct these forces to preserve financial stability reveal much about the ways we perceive the financial economy. The Handbook of Safeguarding Global Financial Stability examines our political economy, particularly the ways in which these forces inhabit our institutions, strategies, and tactics. As economies expand and contract, these forces also determine the ways we supervise and regulate. This high-level examination of the global political economy includes articles about specific countries, crises, and international systems as well as broad articles about major concepts and trends.. Substantial articles by top scholars sets this volume apart from other information sources Diverse international perspectives result in new opportunities for analysis and research Rapidly developing subjects will interest readers well into the future
Author: Georgios Georgiadis
Publisher:
Published: 2015
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Tony Cavoli
Publisher: Routledge
Published: 2020-05-07
Total Pages: 331
ISBN-13: 1000067416
DOWNLOAD EBOOKSince the 1990s, several emerging market and developing economies (EMDEs) have, to varying degrees, embraced the process of financial globalisation, broadly defined as a set of policies that involve allowing for greater openness to cross-border capital flows as well as greater market access to foreign financial institutions. This book provides a systematic empirical analysis on the complex interactions between financial sector development, macroeconomic and financial stability in EMDEs in general and those in the Asian region in particular. The book consists of three sections pertaining to monetary and exchange rate policies under financial globalisation; financial inclusion and macroeconomic policies in the context of financial liberalisation; and finally, the dynamics of foreign direct investment flows and their real impacts in EMDEs. Each of the chapters analyse important economic policy issues of contemporary relevance and is informed by data and rigorous empirical analysis. The book will be appealing to anyone interested in exploring the implications of a key set of issues emanating from financial globalisation on EMDEs in a rigorous but readable manner.
Author: Jennifer Mortimer
Publisher:
Published: 2014
Total Pages: 0
ISBN-13: 9781608091126
DOWNLOAD EBOOKNew CEO Lin Mere travels to New Zealand in order to establish a relationship with her father's estranged family but winds up facing danger from an unexpected source.
Author: Steven J Davis
Publisher: World Scientific
Published: 2021-06-03
Total Pages: 377
ISBN-13: 9811238634
DOWNLOAD EBOOKThe Monetary Authority of Singapore, Asian Bureau of Finance and Economic Research, University of Chicago Booth Business School, and National University of Singapore Business School have organised the Asian Monetary Policy Forum (AMPF) annually since 2014. The Forum brings together eminent academics, policymakers and private sector economists to deliberate pressing monetary policy issues particularly relevant for Asian countries.This volume collects the inaugural speech and commissioned papers from the past Forums from 2014 to 2020. The chapters cover a range of topics that have assumed importance in the global monetary and financial system over the past twenty years. These include the efficacy of traditional monetary policy frameworks amid synchronised global financial flows, the challenges presented by the US dollar dominance, and the optimality of central banks' use of a broader set of policy instruments within an integrated policy framework. Policymakers, practitioners, students and academicians will be able to draw from this volume useful insights to understand these complex policy challenges.
Author: Chi Lo
Publisher: Springer
Published: 2016-04-29
Total Pages: 220
ISBN-13: 1137538791
DOWNLOAD EBOOKThis book highlights the difficult policy choice that must ultimately be made during China's structural reform according to the theory of the Impossible Trinity, between exchange rate and monetary policy autonomy.
