Results 91 to 100 of about 26,130 (181)
Several economic and political problems have arisen from the fall in commodity prices over the last ten years. The existing international commodity agreements, while useful, in practice face several difficulties.
D.J. MORGAN
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The paper reviews the area of the international financial architecture relating to sovereign crisis resolution. It is argued that shifting part of the burden of crisis resolution onto creditors may encourage debtor countries to take early action to ...
Curzio Giannini
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Optimum currency areas: a policy view
Since the mid-1990s new developments in the theory of optimum currency areas have set forth an equilibrium approach that, in contrast with the traditional view stemming from Robert Mundell's seminal paper, considers the optimality criteria as the ...
Filippo Cesarano
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The article is a rejoinder to Oscar Altman’s “Professor Triffin’s Diagnosis of International Liquidity and Proposals for Expanding the Role of the IMF”, in the nature of a rebuttal with the author concentrating on points of disagreement. The author first
R. TRIFFIN
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Sharing the burden of international adjustment
The article considers cases in which several countries exhibit balance of payments imbalances simultaneously and discusses the problem of who should adjust whenever such multiple imbalances arise.
U. SACCHETTI
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A modest step towards fixed parities
Many authors welcomed the shift to floating exchange rates as they expected it to result in lower inflation, unemployment and balance of payments disequilibria.
R. OSSOLA
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A multilateral payments union for Eastern Europe?
This paper attempts to assess the advantages and disadvantages of a payments union for the Eastern European member countries of the former Council for Mutual Economic Assistance (CMEA).
P. BOFINGER
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Transparency and emerging market bond spreads : [Version June 2011] [PDF]
I investigate the effect of transparency on the borrowing costs of Emerging Markets Economies. Transparency is measured by whether or not the countries publish the IMF Article IV Staff report and the Reports on the Observance of Standards and Codes (ROSC)
Moretti, Laura
core
Prosperity and Stagnation in Capitalist Economies [PDF]
The KMG growth dynamics in Chiarella and Flaschel (2000) assume that wages, prices and quantities adjust sluggishly to disequilibria in labor and goods markets.
Peter Flaschel +2 more
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