Results 171 to 180 of about 184,159 (308)

Golden weapons and golden fetters: From the gold standard to the new geopolitics

open access: yesThe 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

Managed decline: Muddling through with the Sterling (dis)Agreements, 1968–74

open access: yesThe 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

Two Dimensions of Financial Openness: Gross and Net Effects on Financial Development in the European Union

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT We examine how financial openness (FO) affects financial development in EU countries, distinguishing its size and quality. Gross financial openness, measured by foreign assets and liabilities, reflects international integration and shows an inverted U‐shaped link with development: intermediate levels of openness enhances efficiency, but ...
Hyun‐Jung Nam, Doojin Ryu
wiley   +1 more source

The Role of ESG in Shaping the Impact of Financial Development on Banks' Performance

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT This study investigates how financial development, divided into financial markets and financial institutions, affects banks' performance across 93 financially developed countries during the period between 2008 and 2023. The analysis highlights the role of environmental, social and governance readiness as core determinants that reshape ...
Noman Arshed   +4 more
wiley   +1 more source

Can Central Bank Digital Currencies Promote the Internationalization of Currencies?

open access: yesEuropean 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

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