Currency crises in Europe and Mexico during the 1990s provided stark reminders of the importance and the fragility of international financial markets. These experiences led some commentators to conclude that open international capital markets are incompatible with financial stability. But the pre-1914 gold standard is an obvious challenge to the ...
What caused Asia's largest economy, once the envy of the world, to lag behind many of the other industrial countries? And why did it take so long for Japan to recover from the bursting of its asset price bubble of the late 1980s? In this volume, a team from the International Monetary Fund examines the causes of the lingering economic problems of ...
Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account surpluses - it's a record to be envied. These outcomes in Canada owe much to sound macroeconomic policies as well as to a favorable external environment. This book focuses on these policies and the economy's salient features, including ...
Globalisation, financial deregulation, a single European currency - what do all of these changes mean for the world economy? This book explores how increasingly financial integration affects saving, investments and consumption across countries, and how the choice of monetary regime is affected by a country's circumstances. At a time of ...
This publication sets out the Global Economic Model (GEM), a new multicountry macroeconomic model developed by IMF research department staff, based on an explicit microeconomic framework. The paper explains how GEM differs from its predecessor model Multimod, outlines how its new features can improve IMF policy analysis, and discusses three ...
We guarantee every item's condition, as described on Alibris. If you are not satisfied that an item is as described, return your purchase for a refund.
