Tag: Monetary

The French Road to the European Monetary Union


Free Download The French Road to the European Monetary Union By David J. Howarth
2001 | 239 Pages | ISBN: 0333920961 | PDF | 2 MB
The logic behind European monetary cooperation and integration can only be understood through an examination of French efforts to maximise their monetary power in relation to Germany and America. This book provides a detailed and historically-informed study of the motives and economic and political attitudes that shaped French policy on European developments over a thirty year period, from the collapse of the International Monetary System in the late 1960s and early 1970s through to the start of EMU on 1 January 1999.

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American Monetary Policy Adjustment and Its Impacts


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English | 2024 | ISBN: 9819978092 | 599 Pages | PDF EPUB (True) | 22 MB
This book reviews the historical evolution of U.S. monetary policy, and then uses various methods such as mathematical models and econometric analysis to study the impact of U.S. monetary policy adjustments on the domestic economy and the spillover effects on the world economy. Finally, it summarizes the challenges faced by the Chinese economy in the post financial crisis era and proposes relevant countermeasures and suggestions for China to respond to U.S. monetary policy adjustments.

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The Individual in the Economic and Monetary Union


Free Download The Individual in the Economic and Monetary Union: A Study of Legal Accountability
English | 2024 | ISBN: 1009207970 | 250 Pages | PDF (True) | 5 MB
A contribution to legal theories of accountability, this book offers pioneering research on the position of the individual in the EU’s Economic and Monetary Union. Its premise is that the EU’s response to the financial crisis placed undue emphasis on equality of Member States, to the detriment of political equality of citizens. As a remedy, this book reimagines legal accountability as the vehicle for achieving the common interest, by presenting a novel understanding of the relationship between solidarity and equality. Institutionally, the author argues that, by carrying out intensive review of the duty to state reasons, courts can ensure that decision-makers act in the common interest. The book explores judicial review in financial assistance, the monetary policy mechanisms of the European Central Bank, and the Single Supervisory Mechanism. Looking into the future, it tests its theoretical and normative propositions on the newly established Next Generation EU. This title is also available as Open Access on Cambridge Core.

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The Philippines and the International Monetary Fund Negotiations on Petroleum and Imports Toward a Theory of Negotiatio


Free Download Kenneth Faulve-Montojo, "The Philippines and the International Monetary Fund Negotiations on Petroleum and Imports: Toward a Theory of Negotiatio"
English | ISBN: 1498532691 | 2018 | 324 pages | EPUB | 1320 KB
In their negotiations with the International Monetary Fund, Philippine chief negotiators attempt to build coalitions to implement reform. Deference and "External-Internal" sequencing tactics are quite common, but the theoretical literature has not examined the conditions under which they are effective or marginalized. This study uses a "Within-Case Study Method of Causal Inference" to examine twenty-four observations from the years 1984-1994 that examine the interaction of the Philippine chief economic negotiators with the IMF, the Chief of Governments, international and domestic, and cabinet and societal veto players on the issues of petroleum price and import reforms. Through this approach, the study rules out alternative deductive system level theories to explain economic outcomes; refines the two-level game framework, generates a midrange typology on the pattern of successes and failures of the negotiations, and provides recommendations on manipulable variables for policy makers. The study suggests that these tactics are constrained by the leverage and signal provided by international veto players and the interaction between formal and informal domestic institutions.

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Speculative Bubbles and Monetary Policy A Theory Based on Japanese Experience


Free Download Masayuki Otaki, "Speculative Bubbles and Monetary Policy: A Theory Based on Japanese Experience"
English | ISBN: 1498549144 | 2018 | 140 pages | EPUB | 2 MB
Speculative Bubbles and Monetary Policy works at the intersection of economic theory history. While the consistent and penetrating perspective of theory is necessary for interpreting economic history, existing macroeconomic theories are fragile an ineffective at narrating an economic history that covers a relatively long period. Such fragility comes from arbitrariness in deployed economic theory as well as structural changes within an economy. This book presents a Keynesian theory with a rigorous dynamic microeconomic foundation that entirely differs from new Keynesian theory and applies it to the Japanese economic history from the 1980s to 2010s. It considers two primary incidents in the country’s economic history: the bubble boom from the late 1980s to the early 1990s, and the country’s immersion in neoliberalism at the turn of the century.

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Monetary Policy Challenges in Latin America


Free Download Fernando Toledo, "Monetary Policy Challenges in Latin America "
English | ISBN: 180220069X | 2023 | 304 pages | PDF | 5 MB
This ground-breaking book analyses the severe monetary policy challenges facing Latin American countries. Contributors reflect on how these issues should be addressed by policy-makers, identifying the need for a synergic response from regional central banks.

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Asset Price Bubbles The Implications for Monetary, Regulatory, and International Policies


Free Download Asset Price Bubbles: The Implications for Monetary, Regulatory, and International Policies by William C. Hunter, George G. Kaufman, Michael Pomerleano
English | January 3, 2003 | ISBN: 0262083140 | 608 pages | PDF | 2.72 Mb
In both the industrialized and developing worlds, a distinctive feature of the last two decades has been prolonged buildups and sharp collapses in asset markets such as stock, housing, and exchange markets. The volatility has sparked intense debate in academic and policy circles over the appropriate monetary and regulatory response to dramatic market shifts.This book examines asset price bubbles to further our understanding of the causes and implications of financial instability, focusing on the potential of central banks and regulatory agencies to prevent it. The book grew out of a conference jointly sponsored by the Federal Reserve Bank of Chicago and the World Bank Group in April 2002.

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