The Development of International Monetary Policy Routledge International Studies in Money and Banking Series
Auteur : Warburton Christopher
The Development of International Monetary Policy traces the development of international monetary policy from mercantilism to quantitative easing. It has been structured to present some of the pressing issues in international monetary relations involving currency valuation, inflation, exchange rates, and regional monetary policy. Additionally, it presents international monetary law as a basis for understanding the concept of monetary sovereignty and the limits of state autonomy in an interdependent world of legal arrangements.
The book revisits some controversial arguments about stagflation and expansionary monetary policy, and it uses current time series data and empirical evidence to show why theories about the trade-off between inflation and unemployment are not extinct. Part of the concluding argument indicates that it is imperative for the international community to have a structure for monetary dispute resolutions involving autonomous states. Notably, the author further concludes that fiat money will continue to be a dominant unit of account, more so than crypto-currencies, into the distant future.
An accessible and practical read, this is book is a valuable resource for postgraduates, academics and researchers of international trade, finance and economics.
Introduction, Chapter 1 - Commodity money, Chapter 2 – Fiat money and international law, Chapter 3 – The inflation-output conundrum, Chapter 4 – Currency substitution and management, Chapter 5 – Financial crises and money managements, Chapter 6 – Exchange rates as monetary policy tool, Chapter 7 – Intervention in foreign exchange markets and the future of money, Index
Christopher Warburton is an international economist with a Ph.D. from Fordham University in New York. He has taught several courses in economics, and he is author of several peer reviewed papers and books. He currently teaches economics at East Stroudsburg University in Pennsylvania, U.S.
Date de parution : 12-2019
15.6x23.4 cm
Date de parution : 08-2017
15.6x23.4 cm
Thèmes de The Development of International Monetary Policy :
- Finances / monnaie / crédit / banque / inflation / bourse
- Initiation à l'économie, théories et études économiques
- Économies et politiques économiques mondiales : relations économiques internationales / douanes, exportation
- Gestion financière
- Droit des affaires / droit commercial / droit des sociétés
- analyse, budget, trésorerie, financement, investissement, gestion prévisionnelle
- comptabilité, bilans
- organisation de l'entreprise, généralités
- direction / stratégie d'entreprise
Mots-clés :
OTC Derivative; Zimbabwe’s Central Statistical Office; International Monetary Policy; Federal Reserve; The Gold Standard; Euro Area Business Cycles; Financial Crises; IMF’s Executive Board; Money Management; IMF’s Article; Global monetary relations; IMF Surveillance; Stagflation; IMF Agreement; Central banking; CFA Franc; Hyperinflation; Optimum Currency Area; Optimum Currency Areas; Gdp Gap; Crypto-Currencies; Quadrant III; Commodity Money; Gdp Implicit Deflator; Dollarization; BP Curve; Fiat Money; Currency Substitution; Inflation; CB; Mercantilism; Trade Weighted Exchange Rate; Quantitative Easing; International Monetary Law; Total Voting Power; Christopher E.S; Warburton; Specie Flow Mechanism; Hume’s Price Specie Flow; Gdp Deflator; Moderate Long Term Interest Rate; Historical Risk Premia