Author : Ronald I. McKinnon
Publisher : MIT Press
Page : 300 pages
File Size : 34,62 MB
Release : 2005
Category : Business & Economics
ISBN : 9780262134514
The policy dilemmas inherent in using the US dollar as the key currency for stabilizing exchange rates in East Asia.
Author : Carla Norrlof
Publisher : Cambridge University Press
Page : 303 pages
File Size : 10,27 MB
Release : 2010-04-29
Category : Political Science
ISBN : 1139486802
For over sixty years the United States has been the largest economy and most powerful country in the world. However, there is growing speculation that this era of hegemony is under threat as it faces huge trade deficits, a weaker currency, and stretched military resources. America's Global Advantage argues that, despite these difficulties, the US will maintain its privileged position. In this original and important contribution to a central subject in International Relations, Carla Norrlof challenges the prevailing wisdom that other states benefit more from US hegemony than the United States itself. By analysing America's structural advantages in trade, money, and security, and the ways in which these advantages reinforce one another, Norrlof shows how and why America benefits from being the dominant power in the world. Contrary to predictions of American decline, she argues that American hegemony will endure for the foreseeable future.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 410 pages
File Size : 16,35 MB
Release : 2005-09-01
Category : Business & Economics
ISBN : 9781589064539
This book examines the challenges facing the international monetary and financial system, as well as the future role of the Bretton Woods institutions in addressing those challenges. The volume is based on the proceedings of a 2004 conference cosponsored by the Banco de Espana and the International Monetary Fund to commemorate the 60th anniversary of the Bretton Woods meetings in July 1944. The chapters look at global imbalances, exchange rate issues, debt in emerging economies, and innovations in private and multilateral lending.
Author : Mark Beeson
Publisher : Routledge
Page : 686 pages
File Size : 31,21 MB
Release : 2012-03-15
Category : Political Science
ISBN : 113663472X
The Routledge Handbook of Asian Regionalism is a definitive introduction to, and analysis of, the development of regionalism in Asia, including coverage of East Asia, Southeast Asia and South Asia. The contributors engage in a comprehensive exploration of what is arguably the most dynamic and important region in the world. Significantly, this volume addresses the multiple manifestations of regionalism in Asia and is consequently organised thematically under the headings of: conceptualizing the region economic issues political issues strategic issues regional organizations As such, the Handbook presents some of the key elements of the competing interpretations of this important and highly contested topic, giving the reader a chance to evaluate not just where Asian regionalism is going but also how the scholarship on Asian regionalism is analysing these trends and events. This book will be an indispensable resource for students and scholars of Asian politics, international relations and regionalism.
Author : Thomas Oatley
Publisher : Edward Elgar Publishing
Page : 507 pages
File Size : 50,65 MB
Release : 2014-06-27
Category : Business & Economics
ISBN : 0857938371
This extensive Handbook provides an in-depth exploration of the political economy dynamics associated with the international monetary and financial systems. Leading experts offer a fresh take on research into the interaction between system structure, t
Author : David Cobham
Publisher : Routledge
Page : 287 pages
File Size : 38,26 MB
Release : 2009-01-13
Category : Business & Economics
ISBN : 1134023766
This book examines monetary policy, central banking and exchange rate regimes in the Middle East and North Africa. Part I covers central banking and monetary policy, while Part II covers monetary policy and exchange rate regimes. Some chapters focus on the monetary frameworks of particular countries, including Lebanon, Algeria, Syria, Tunisia, Morocco, and Turkey, outlining the different systems operated in each case, considering their successes and failures, and discussing important issues such as government policy, macroeconomic performance, inflation and inflation targeting, central bank independence and the impact of broader political economic developments on the conduct of monetary policy. Other chapters cover thematic issues across the whole region, including: central bank independence, operations of debtor central banks, the effect of exchange rates on inflation, and the effect on countries’ trade of alternative exchange rate regimes. Drawing on the insights of scholars and policy-makers, this book is a vital resource for anyone wanting to understand the economies of the Middle East and North Africa.
Author : Ross P. Buckley
Publisher : Kluwer Law International B.V.
Page : 218 pages
File Size : 33,28 MB
Release : 2009-01-01
Category : Law
ISBN : 9041128689
Provides deep analyses of some of the devastating financial crises of the last quarter-centures by showing how such factors as the origins and destinations of loans, bank behaviour, bad timing, ignorance of history, trade regimes, capital flight, and corruption coalesce under certain circumstances to trigger a financial crash.
Author : Michael Devereux
Publisher : Taylor & Francis
Page : 342 pages
File Size : 29,18 MB
Release : 2011-05-03
Category : Business & Economics
ISBN : 1136847626
The ongoing global financial crisis has manifested a remarkable degree of global financial integration—and its implications—for emerging Asian financial markets. The current crisis will not and should not deter the progress that the region has made toward financial openness and integration. However, events like this clearly demonstrate that financial liberalization and integration is not without risks. Hence, emerging Asian economies' growing financial ties have motivated us to look closer at the repercussions of increased financial integration and evaluate the benefits of risk sharing and better access to international capital markets against the costs of cross-border financial contagion. The crisis also presents a timely opportunity for the region’s policy makers to rethink their strategies for financial deregulation and liberalization and to reconsider a next step to integrate emerging East Asia’s financial markets further. However, doing so requires deeper understanding of financial market integration. While much has been said in both academic and policy circles about financial globalization and regional financial integration as separate areas of study, existing research has been relatively silent on the dynamics between these two distinctive forces. The book addresses this gap in financial literature and assesses financial integration in emerging East Asia at both regional and global levels. The publication studies the factors driving the progress of regional financial integration in relation to financial globalization and identifies the relevant policy challenges facing emerging market economies in the region. Chapters look into three broad aspects of regional and global financial market integration: (i) measurement of regional and global financial integration, (ii) understanding dynamics of regional financial integration versus global financial integration, and (iii) welfare implications from regional financial market integration amid financial globalization. Against this context, academics, policy makers, and other readers will appreciate the rigorous research contribution provided by the book.
Author : Denis Hew Wei-Yen
Publisher : Institute of Southeast Asian Studies
Page : 339 pages
File Size : 27,59 MB
Release : 2005
Category : Business & Economics
ISBN : 9812303472
At the Ninth ASEAN Summit in Bali on 7 October 2003, the leaders of the Association of Southeast Asian Nations agreed to establish an ASEAN Economic Community (AEC) by 2020. It is envisaged that the AEC would be a single market and production base, with a free flow of goods and services, investments, capital and skilled labour. An integrated ASEAN with a sizeable market of over 500 million people could become an alternative to China as a regional production base for MNCs. Although there are roadmaps for the fast-track integration of eleven priority sectors, an overall longer-term roadmap needs to be formulated to realize the AEC. This book addresses the main issues.
Author : Simon Bromley
Publisher : John Wiley & Sons
Page : 244 pages
File Size : 49,63 MB
Release : 2013-04-17
Category : Political Science
ISBN : 0745658415
The turn of the century has seen the US greatly enhance its military supremacy across the world. It has also played a key role in shaping the international economic order. More recently, however, its world-wide economic domination has started to diminish as other regions and countries have become globally important players. Simon Bromley brings a fresh perspective to these issues, arguing that it is as yet unclear whether the US will be capable of rising to the challenges posed by the new world order. He carefully examines the intricacies of these debates including the American ideology of a liberal international order and the relation of this to the Bush doctrine; US power in the transatlantic arena and US-European integration in relation to the EU and NATO; and the geo-politics of oil. He looks at a range of challenges to US dominance, including the weakening of the dollar; the rapid growth and industrialization of Asia; and the strengths and weaknesses of Bush's foreign policy. This book is set to spark debate amongst students and scholars of international politics, as well as appealing to anyone interested in the changing shape of the international order.
