Regional Currency Arrangements in North America PDF Download

Author: Sven Arndt
Publisher:
ISBN:
Category : Monetary unions
Languages : en
Pages : 70

View

Book Description

Author: Duck-Koo Chung
Publisher: Rowman & Littlefield
ISBN: 0815714181
Category : Business & Economics
Languages : en
Pages : 176

View

Book Description
East Asian exchange rates have become a global flashpoint. U.S. policymakers blame artificially low Asian currency values for global imbalances, including America's ballooning current account deficit. The solution, they argue, lies in some combination of greater exchange rate flexibility and the appreciation of Asian currencies against the dollar. Asian officials recognize the need to let their exchange rates rise, but they fear that would hamper growth and cut sharply into the value of their dollar reserves. Toward an East Asian Exchange Rate Regime offers a timely and comprehensive analysis of the resulting debates, drawing on expertise from China, Japan, South Korea, and the United States. The introduction reviews the issues at stake, sketches a variety of proposed exchange rate regimes, and discusses comparisons between East Asia and the West. Subsequent chapters examine the connection between global financial imbalances and East Asian monetary cooperation, China's potential role in regional coordination, the relationship between monetary and trade integration, and different paths toward regional cooperation. Authoritative yet concise, this is an essential primer on East Asian monetary integration. Contributors include Gongpil Choi (Korean Institute of Finance, Federal Reserve Bank of San Francisco), Masahiro Kawai (University of Tokyo, Asian Development Bank), Kwanho Shin (Korea University), Yunjong Wang (SK Institute), Masaru Yoshitomi (RIETI,Tokyo), and Yongding Yu (Chinese Academy of Social Sciences).

Author: Eric Helleiner
Publisher: McGill-Queen's Press - MQUP
ISBN: 0773575693
Category : Business & Economics
Languages : en
Pages : 348

View

Book Description
Many believe that Canada's deepening economic integration with the United States and the worldwide trend towards currency blocs will eventually lead to a North American monetary union. In the first detailed analysis of Canadian exchange rate politics, Eric Helleiner challenges this view.

Author: Sven W Arndt
Publisher: World Scientific
ISBN: 9814603422
Category : Business & Economics
Languages : en
Pages : 349

View

Book Description
In Evolving Patterns in Global Trade and Finance, Professor Sven W Arndt offers succinct and rigorous explanations of important developments in trade, finance and international monetary relations. Topics include economic and monetary integration, cross-border production networks, and stabilization policy in orthodox and mixed exchange-rate regimes. The theoretical framework developed in this volume provides critical assessments of existing policies and practices, develops theoretical foundations for new and emerging patterns in trade and finance, and evaluates how well economists and policy makers are dealing (or have dealt) with the challenges they face. Readers will find the most in-depth and comprehensive discussion of international production networks (“off-shoring”), a detailed analysis of the implications for US economic stability and policy autonomy of its unorthodox exchange rate regime of fixed and floating rates, and insights into the causes of recent economic and financial turmoil in the global economy.

Author: Masahiro Kawai
Publisher: World Bank Publications
ISBN:
Category : Foreign exchange rates
Languages : en
Pages : 52

View

Book Description
A coordinated action by East Asian countries to stabilize their currencies against a common basket of major currencies (broadly representative of their average structure of trade and foreign direct investment) would help stabilize both intraregional exchange rates and effective exchange rates, in a way consistent with the medium-term objective of promoting trade investment and growth in the region.

Author: United States. Congress. Senate. Committee on Foreign Relations
Publisher:
ISBN:
Category : Broadcasting
Languages : en
Pages : 1558

View

Book Description
Reviews the U.S. and Mexican broadcasting agreement of 1957 and need for updating certain provisions, pt. 1; Examines broadcasting agreements between the U.S., Canada, and Mexico to determine whether these agreements should be ratified without reservations or understandings, particularly with respect to hours of operation, pt. 2.

Author: L. Mühlich
Publisher: Springer
ISBN: 1137427213
Category : Business & Economics
Languages : en
Pages : 318

View

Book Description
This book examines regional monetary cooperation as a strategy to enhance macroeconomic stability in developing countries and emerging markets. Interdisciplinary case studies on Southern Africa, Southeast Asia and South America provide a cross-regional perspective on the viability of such strategy.

Author: Martina Metzger
Publisher: Springer
ISBN: 023050244X
Category : Business & Economics
Languages : en
Pages : 248

View

Book Description
This book argues for a new conceptual framework that analytically distinguishes between North-South monetary co-ordination, which involves an international key currency, and South-South arrangements between economies all marked by external indebtedness and the resulting macroeconomic instabilities ('original sin'). In this light, the book analyzes different types of monetary co-ordination, ranging from ad hoc exchange rate policy agreements to projects of a common supranational currency, and it examines selected regional cases in Eastern Europe, North and South America, Africa and Asia.

Author: Yongzheng Yang
Publisher: International Monetary Fund
ISBN: 9781589064393
Category : Business & Economics
Languages : en
Pages : 62

View

Book Description
In recent years, African policymakers have increasingly resorted to regional trade arrangements (RTAs) as a substitute for broad-based trade liberalization. This trend has long-term implications for the effectiveness of trade policy as a tool for poverty reduction and growth. This paper examines the record of RTAs in promoting trade and investment. It also explores policy measures that may help improve RTAs' performance.

Author: Terrence McDonough
Publisher: Cambridge University Press
ISBN: 0521515165
Category : Business & Economics
Languages : en
Pages : 375

View

Book Description
This volume analyses contemporary capitalism and its crises based on a theory of capitalist evolution known as the social structure of accumulation (SSA) theory. It applies this theory to explain the severe financial and economic crisis that broke out in 2008 and the kind of changes required to resolve it. The editors and contributors make available new work within this school of thought on such issues as the rise and persistence of the "neoliberal," or "free-market," form of capitalism since 1980 and the growing globalization and financialization of the world economy. The collection includes analyses of the U.S. economy as well as that of several parts of the developing world.