The International Monetary System and the Theory of Monetary Systems PDF Download

Author: Pascal Salin
Publisher: Edward Elgar Publishing
ISBN: 1786430304
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
The international monetary system, and the disparate systems that make it up, are complex and there are many fallacies surrounding the ways in which they work. This book provides a clear and rigorous understanding of these systems and their possible consequences.

Author: James Rickards
Publisher: Penguin
ISBN: 1591847710
Category : Business & Economics
Languages : en
Pages : 386

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Book Description
The next financial collapse will resemble nothing in history. . . . Deciding upon the best course to follow will require comprehending a minefield of risks, while poised at a crossroads, pondering the death of the dollar. The U.S. dollar has been the global reserve currency since the end of World War II. If the dollar fails, the entire international monetary system will fail with it. But optimists have always said, in essence, that confidence in the dollar will never truly be shaken, no matter how high our national debt or how dysfunctional our government. In the last few years, however, the risks have become too big to ignore. While Washington is gridlocked, our biggest rivals—China, Russia, and the oil-producing nations of the Middle East—are doing everything possible to end U.S. monetary hegemony. The potential results: Financial warfare. Deflation. Hyperinflation. Market collapse. Chaos. James Rickards, the acclaimed author of Currency Wars, shows why money itself is now at risk and what we can all do to protect ourselves. He explains the power of converting unreliable investments into real wealth: gold, land, fine art, and other long-term stores of value.

Author: José Antonio Ocampo
Publisher: Oxford University Press
ISBN: 019871811X
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
This volume provides an analysis of the global monetary system and proposes a comprehensive yet evolutionary reform of the system aimed at creating better monetary cooperation for the twenty-first century.

Author: Ruogu Li
Publisher: World Scientific
ISBN: 9814699055
Category : Business & Economics
Languages : en
Pages : 314

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Book Description
"This book argues that only by reforming the international monetary system can we prevent financial crises in the future and the internationalization of the Renminbi, China's national currency, will be an important step in the process. Just as the old saying goes, "An old building needs to be demolished before a new one can be erected in its place," there will be no construction without destruction. The commencement of the dismantling of the old monetary system is also the beginning of the construction of the new one. Contrary to Western rhetoric, which portrays China as part of the cause of the recent financial crisis, the author contends that China is actually a victim of the current unjust international economic and monetary system. To address the imbalance and break the dollar-dominated international monetary system, the author calls for the internationalization of the Renminbi and diversification of the international monetary system. Written by one of the foremost financial practitioners in China, this book is thought-provoking and provides a unique Chinese perspective on how the international monetary system should be reformed, what the future system should look like and the role China should play in the process. It is a required reading for anyone interested in understanding China's own vision in its rise in the global political, economic and financial systems."--

Author: Jane Sneddon Little
Publisher: University Press of the Pacific
ISBN:
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
According to a recent World Bank study, the Asian crisis led to a significant rise in poverty and sharp declines in middle-class living standards in the countries most affected. Real public spending on health and education fell, with poor households experiencing the largest declines in access to these services. The impact of decreased investment in human capital will have consequences for individuals and whole societies for years to come. Because these external shocks occurred very shortly after these countries had liberalized their capital markets, they have engendered a growing distrust of globalization in many parts of the world. We owe it to the people of the developing countries, as well as to ourselves, to consider how institutional or policy changes could moderate such setbacks in the future. For all these reasons, this conference seemed a good time to pause and consider the implications of recent events, institutional changes, and new research for the evolution of the international monetary system. Representing frontline countries and frontline institutions, many of the conference participants had struggled firsthand with the dilemmas posed by the recent crises. Thus, they brought unique perspectives on the issues and offered thoughtful observations and useful ideas that could improve the workings of the international monetary system. It is our hope that this publication of their views will stimulate further discussion, research and, more than partial implementation.

Author: L. Randall Wray
Publisher: Springer
ISBN: 1137539925
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.

Author: Robert Triffin
Publisher:
ISBN:
Category :
Languages : en
Pages : 87

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Author: Kordula Schnegg
Publisher: Franz Steiner Verlag
ISBN: 9783515083799
Category : Business & Economics
Languages : en
Pages : 578

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Book Description
This volume forms the proceedings of the Fifth Annual Symposium of the Assyrian and Babylonian Intellectual Heritage Project held in Innsbruck in 2002. Twenty-nine specialist contributions focus on the economic aspects of the `diffusion and transformation of the cultural heritage of the ancient Near East'. Eight thematic sections discuss: Near Eastern economic theory; Mesopotamia in the third millenium BC; Mesopotamia and the Levant in the first half of the first millennium BC; Levant, Egypt and the Aegean world during the same time span; Greece and Achaemenids, Parthians, Sasanians and Rome; social aspects of this exchange, including its affects on religion, borders, education and cosmology. The scope of the papers is wide, with subjects including Babylonian twin towns and ethnic minorities, archaic Greek aristocrats, the Phoenicians and the birth of a Mediterranean society, slavery, Iron Age Cyprus, Seleucid coins, the `Silk Route', and Greek images of the Assyrian and Babylonian kingdoms. Sixteen papers in English, the rest in German.

Author: Kevin P. Gallagher
Publisher: John Wiley & Sons
ISBN: 1509546553
Category : Political Science
Languages : en
Pages : 140

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Book Description
After the 2008–9 global financial crisis, reforms to promote stability, social inclusion, and sustainability were promised but not delivered. As a result, the global economic situation, marred by inequality, volatility, and climate breakdown, remains dysfunctional. Now, the economic fallout from the Covid-19 pandemic offers us a second chance. Kevin Gallagher and Richard Kozul-Wright argue that we must grasp it by implementing sweeping reforms to how we govern global money, finance, and trade. Without global leaders prepared to boldly rewrite the rules to promote a prosperous, just, and sustainable post-Covid world economic order – a Bretton Woods moment for the twenty-first century – we risk being engulfed by climate chaos and political dysfunction. This book provides a blueprint for change that no one interested in the future of our planet can afford to miss.

Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066908
Category : Business & Economics
Languages : en
Pages : 692

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Book Description
At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system. In this volume, three generations of scholars and policy makers, some of whom participated in the 1944 conference, consider how the Bretton Woods System contributed to unprecedented economic stability and rapid growth for 25 years and discuss the problems that plagued the system and led to its eventual collapse in 1971. The contributors explore adjustment, liquidity, and transmission under the System; the way it affected developing countries; and the role of the International Monetary Fund in maintaining a stable rate. The authors examine the reasons for the System's success and eventual collapse, compare it to subsequent monetary regimes, such as the European Monetary System, and address the possibility of a new fixed exchange rate for today's world.