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Monetary union: a theoretical perspective
The work provides a theoretical analysis of monetary policy and unification in light of today’s debate among academic economists on EMU. A brief survey of the main issues concerning monetary policy is presented.
F. CESARANO
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Unioni monetarie: una prospettiva teorica
The work provides a theoretical analysis of monetary policy and unification in light of today’s debate among academic economists on EMU. A brief survey of the main issues concerning monetary policy is presented.
F. CESARANO
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Funding of the Energy Transition by Monetary Sovereign Countries
If global energy consumption returns to its pre-pandemic growth rate, it will be almost impossible to transition to a zero-emission or net-zero-emission energy system by 2050 in the absence of large-scale CO2 removal.
Mark Diesendorf, Steven Hail
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On the relativization of central banks' immunity in modern monetary law [PDF]
The subject of the analysis in the paper is to determine the characteristics and methods of implementing central bank immunity in the international monetary order, which in the circumstances of complex geopolitical relations in the world is no longer an ...
Dimitrijević Marko B.
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A composite index of formal sovereignty for small islands and coastal territories
We build a composite index of formal sovereignty as an alternative to the binary classification ‘Sovereign vs Affiliated’ for the purpose of a comparative, quantitative analysis on a large sample of small islands.
François Alberti
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A Study on the Financing Effect of U.S. Debt from the Perspective of Modern Monetary Theory-Also on the Innovation Driving Effect of Monetary Sovereignty [PDF]
The traditional view is that China uses the foreign exchange income earned from the trade surplus to purchase U.S. treasury bonds, which provides financing for U.S. government expenditures and maintains the sustainability of U.S. public debt.
Cheng Chunyang
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Money and Finance as Global Public Goods
The 2007-2008 financial crisis caused not only a dramatic fall in global output and employment but also a serious deterioration of public indebtedness for many governments, forced to rescue the banking system from failure. The crisis showed that national
Guido Montani
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Can the ECB save the Euro zone? [PDF]
The European project of monetary unification is under threat as never before. It is, therefore, high time to point out what went wrong and what should be done to reform the Eurosystem accordingly.
Alvaro Cencini
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In this article, we argue the recent financial crisis from the point of view of institutional economics, particularly from the Régulation approach. This approach emphasizes “institution is important” for economic analysis, so Régulationists see the ...
Takayuki Nakahara
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Some fundamental postulates governing relations between monetary (banking) finances and monetary law [PDF]
The connection between science of monetary law and science of monetary finances is so significant that in today's economic and social developments it transcends the very concept and the dialectic of multidisciplinarity and its function and receives a ...
Dimitrijević Marko
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