Current Issues in International Monetary Economics

Current Issues in International Monetary Economics

Author: David T. Llewellyn

Publisher:

Published: 1990

Total Pages: 296

ISBN-13:

DOWNLOAD EBOOK

This book provides discussion of recent developments in international monetary economics. The chapters are specially written by well known international authors who are specialists in this field and cover current theoretical and policy issues. The topics examined include exchange rate determination and dynamics, stabilisation policy, policy coordination, debt problems and global reform issues. The book is written in an accessible style and will provide students on many relevant courses with up to date information on essential current economic issues.


International Monetary Problems and the Foreign Exchanges (Classic Reprint)

International Monetary Problems and the Foreign Exchanges (Classic Reprint)

Author: Egon Sohmen

Publisher: Forgotten Books

Published: 2017-11-19

Total Pages: 92

ISBN-13: 9780331434392

DOWNLOAD EBOOK

Excerpt from International Monetary Problems and the Foreign Exchanges The arrangement of the material may require some explanation. The opening chapter is a rather extensive introduction to some of the current problems of the real world. The systematic exposition of the theoretical groundwork begins with Chapter II. This may appear as a reversal of the logical order of treatment. The reasons for adopting it were frankly psychological: it has been my experience that many readers outside a small circle of theoretically oriented economists want to see for what purposes theoretical analysis is to be used before they are willing to invest time in it. Readers who are not so inclined may just as well start with Chapter II and read the introductory first chapter at the very end. Literature references in the text are kept to a minimum; instead, I have appended an annotated bibliography. Many economists appear to believe that members of our profession ought never to offer clear and unambiguous policy advice. Those who are thus inclined will not, I am afraid, be likely to derive comfort from the following pages. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


Foreign Exchange Intervention: A Dataset of Public Data and Proxies

Foreign Exchange Intervention: A Dataset of Public Data and Proxies

Author: Gustavo Adler

Publisher: International Monetary Fund

Published: 2021-02-19

Total Pages: 67

ISBN-13: 1513566679

DOWNLOAD EBOOK

Foreign exchange intervention (FXI) is a highly debated topic. Yet, comprehensive and comparable data on FXI is hard to find. This paper provides a new dataset of FXI covering a large number of countries over the period 2000-20 at monthly and quarterly frequencies. It includes publicly available data for about 40 countries and carefully constructed proxies for 122 countries. Proxies are focused on both spot and derivative transactions that alter the central bank’s foreign currency position and account for a wide range of central bank operations, including vis-à-vis residents, the first proxy to do so to our knowledge. The paper discusses the merits of the new proxy relative to coarser measures traditionally used like the change in reserves, and potential definitional differences with published data. The paper also presents stylized facts using our newly constructed FXI proxies.


Dilemmas of the Dollar

Dilemmas of the Dollar

Author: C. Fred Bergsten

Publisher: Routledge

Published: 2017-07-28

Total Pages: 614

ISBN-13: 1315491087

DOWNLOAD EBOOK

An examination of the role of the dollar in the global financial system which presents a long-term historical perspective on the international monetary system in this century. The main focus is on the evaluation of the global financial system in the post-war period.


The Global Currency Power of the US Dollar

The Global Currency Power of the US Dollar

Author: Anthony Elson

Publisher: Springer Nature

Published: 2021-09-15

Total Pages: 205

ISBN-13: 3030835197

DOWNLOAD EBOOK

This book explains how the US dollar serves as the primary reserve currency for the international financial system and assesses its prospects for the future. The book provides an analysis of the main factors that have given rise to the global currency power of the dollar and the key benefits that have accrued to both the United States and other countries from this arrangement. It then considers the growing costs that can be associated with the dollar-centered reserve system and the prospects for the medium-term in terms of its potential threats to global financial stability. In the light of these considerations, the book examines three alternative currency arrangements that could address some or all of the defects associated with the global currency power of the dollar. These include a shift to a multi-reserve currency system, an enhancement of the IMF’s role as an international lender of last resort and provider of global “safe” assets, and the introduction of central bank digital currencies. "A cogent, persuasive and timely look at the dollar's power." Kirkus Reviews


Issues in International Exchange and Payments Systems

Issues in International Exchange and Payments Systems

Author: Peter J. Quirk

Publisher: International Monetary Fund

Published: 1995-04-13

Total Pages: 100

ISBN-13: 9781557754806

DOWNLOAD EBOOK

The global trend toward lilberalization in countries international payments and transfer systems has been widespread in both industrial and developing countries and most dramatic in Central and Eastern Europe. Countries in general have brought their exchange systems more in line with market principles and moved toward more flexible exchange rate arrangements. This study updates previous studies published under the title Developments in International Exchange and Payments Systems.