Results 71 to 80 of about 35,308 (251)
Global Policy, EarlyView.ABSTRACT As far as international economic law (IEL) is concerned, the ‘Washington Consensus’ generally refers to the World Bank and the International Monetary Fund (IMF)'s development finance policies and tools. It covers their application to their clients and borrowers with the support of Western governments. This acceptation is of particular interest
Leïla Choukroune
wiley +1 more source
Credit Market Frictions and Bankruptcy Law Design—Implications for Korea*
Asia-Pacific Journal of Financial Studies, EarlyView.Abstract Bankruptcy law design has important implications for financial markets and economic growth. As bankruptcy law design interacts with local economic and political conditions, it is important to consider these factors when designing optimal bankruptcy law.
David Schoenherr
wiley +1 more source
Demographics and the Welfare State—From One Crisis to the Next?
Bulletin of Economic Research, EarlyView.ABSTRACT Recent demographic projections point to lower fertility rates, and in most countries below the reproduction level. This is widely perceived to add further burdens to already strained public finances due to increasing longevity and aging populations.
Torben M. Andersen
wiley +1 more source
Golden weapons and golden fetters: From the gold standard to the new geopolitics
The Economic History Review, EarlyView.Abstract This paper explores the historical relationship between monetary regimes, security concerns, and geopolitical tensions, particularly focusing on the role of gold. Throughout history, monetary systems have been deeply intertwined with international state systems and security provisions.
Harold James
wiley +1 more source
Fiscal issues in adjustment : an introduction [PDF]
Adjustment to the macroeconomic crises of the eighties was least successful on the fiscal front. The authors, in this introduction to a symposium on fiscal issues in adjustment, summarize the issues raised by papers in the symposium.
de Melo, Jaime, Faini, Riccardo
core
Managed decline: Muddling through with the Sterling (dis)Agreements, 1968–74
The Economic History Review, EarlyView.Abstract How do policymakers manage the decline of an international currency? This paper revisits the view that the ‘Sterling Agreements’ of 1968–74 – bilateral contracts between the UK and sterling‐holding governments – marked a successful paradigm shift towards sterling's managed ‘retirement’.
Alan de Bromhead +3 more
wiley +1 more source
The Governance of the IMF: The Need for Comprehensive Reform
SSRN Electronic Journal, 2006 This article argues that IMF's current governance arrangements suffer from being non responsive to key stakeholders, lack of accountability, non-representative decision making, lack of transparency, and poorly defined relations with other international organizations. These deficiencies have arisen because the IMF has failed to adapt its decision-making
openaire +2 more sources
Structural adjustment, economic performance, and aid dependency in Tanzania [PDF]
Tanzania embarked on a structural adjustment program in 1986 after a decade of protracted economic decline. Its program was supported by the International Monetary Fund and the World Bank and was accompanied by a substantial increase in foreign ...
Agrawal, Nisha +4 more
core
Can Central Bank Digital Currencies Promote the Internationalization of Currencies?
European Financial Management, EarlyView.ABSTRACT Using multinational data (2000–2023), this study employed system GMM and fixed‐effects models to examine CBDC's impact on currency internationalization through a framework measuring ‘market acceptance’ and ‘policy drive.’ The results indicated that CBDC advancement significantly promotes currency internationalization.
Haodong Gu
wiley +1 more source