This economics course textbook is a self-contained text. Its emphasis on Europe sets it apart - accounts of open economies, exchange rates, capital movements and government intervention are central, with considerable explanation of labour market institutions. Students' interest is stimulated by consideration of current policy debates, with one ...
The rise of Asia, and China specifically, is the single most important force reshaping the world economy at the beginning of the 21st century. From a low of 20 per cent in 1950, Asia's share of global GDP has now risen to 33 per cent and will exceed 40 per cent within a generation if current forecasts are realized. Asia's growing weight in the ...
Hungary: Towards a Market Economy offers the most recent and up-to-date assessment of the contemporary Hungarian economy, and follows its evolution in the immediate aftermath of the revolutions in Central and Eastern Europe. Part I describes the macroeconomy, the evolution of monetary policy, the link between the exchange rate and inflation, the ...
This volume explores life once Europe shares the same currency. Some of the best European and American economists use available theories and data, including historical evidence, to look at the operation of monetary and fiscal policy, at the effects of shocks and at the international role of the euro. The book will serve as the reference for ...
Much has been written about EMU, mostly concerning its desirability and whether it will ever come to exist. Now it is here, and likely to stay. The 'next generation' of research on EMU is already under way, and this volume presents a significant sample of that research. The authors explore questions such as: How do central bankers who used to run ...
Economic Policy has earned a reputation around the world as the one publication that always identifies current and emerging policy topics early. It discusses key international issues when they matter and is invaluable for keeping track of important topics.Economic Policy gives you hot topics, from the experts. Papers are specially commissioned ...
The machinery of international economic and financial cooperation is rapidly becoming obsolete. Written by a group that combines extensive practical experience and analytical sharpness, the sixth title in the Geneva Reports on the World Economy presents an overview of how cooperation has evolved, identifies its current limitations, and advances a ...
By spring 1998, an agreement must be reached on the first group of European countries to participate in the economic and monetary union (EMU). If all goes according to plan, EMU itself will begin on January 1, 1999. Written by a team of distinguished European academics, this report looks at this final stage of the transition to monetary union. The ...
An increasing number of central banks have adopted the inflation targeting strategy, and the trend does not seem to be ending. If inflation targeting offers a precise framework, its policy implications are surprisingly imprecise. For the strategy to be understood and generally supported, inflation targeting central banks need to communicate ...
The liberalization of capital movements has deeply affected the IMF's business. Crises occur with more violence and leave deeper scars. The Fund has mobilized ever larger rescue packages and yet, it has often failed to achieve its stated aims. Does it mean that the IMF must transform itself or even, as has been suggested, that it has become ...
Economic Policy has earned a reputation around the world as the one publication that always identifies current and emerging policy topics early. It discusses key international issues when they matter and is invaluable for keeping track of important topics.Economic Policy gives you hot topics, from the experts. Papers are specially commissioned ...
Topics discussed in this volume of "Economic Policy" include "The Economics of an Ageing Population", "The British Electricity Experiment", "Some Macroeconomic Consequences of the Chinese Enterprise Reforms" and "Mexico's External Debt Structuring in 1989/1990".
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