A Preliminary Report on The Sources of Ireland’s Banking Crisis
... One example is that the Federal Reserve postponed monetary tightening repeatedly from the late 1990s onward. Up until 2001, policy was always eased, or kept easy for good reasons: the Asian crisis and the Russian default in 1998, LTCM (the New York hedge fund that collapsed in 1998), Y2K (the expec ...
... One example is that the Federal Reserve postponed monetary tightening repeatedly from the late 1990s onward. Up until 2001, policy was always eased, or kept easy for good reasons: the Asian crisis and the Russian default in 1998, LTCM (the New York hedge fund that collapsed in 1998), Y2K (the expec ...
BusinessEurope Reform Barometer Spring 2016
... 2015 was a challenging year for the EU, as it sought to deal with a number of complex issues including an influx of migrants, increased concerns regarding security linked to the tragic events in Paris, as well as further political and economic instability in Greece. Against this background and conti ...
... 2015 was a challenging year for the EU, as it sought to deal with a number of complex issues including an influx of migrants, increased concerns regarding security linked to the tragic events in Paris, as well as further political and economic instability in Greece. Against this background and conti ...
The Post Washington Consensus Consensus
... crisis—countries with the highest rates of savings in the world—a new explanation was sought. Now it was lack of transparency (they seemingly forgot that the last set of crises were in the Nordic countries, which were among the most transparent in the world.) Weak financial institutions were to blam ...
... crisis—countries with the highest rates of savings in the world—a new explanation was sought. Now it was lack of transparency (they seemingly forgot that the last set of crises were in the Nordic countries, which were among the most transparent in the world.) Weak financial institutions were to blam ...
1. The process of capital accumulation can be conceptually envisaged as... two distinct and alternative ways. I shall call the first...
... But the opposition of finance capital alone cannot explain capitalism's preference for deflationism, especially when industrial capital, no matter how much it ideologically dislikes State activism in matters of employment, stands so much to gain from it (at least until a level of employment is reach ...
... But the opposition of finance capital alone cannot explain capitalism's preference for deflationism, especially when industrial capital, no matter how much it ideologically dislikes State activism in matters of employment, stands so much to gain from it (at least until a level of employment is reach ...
the economics of the new phase of imperialism
... But the opposition of finance capital alone cannot explain capitalism's preference for deflationism, especially when industrial capital, no matter how much it ideologically dislikes State activism in matters of employment, stands so much to gain from it (at least until a level of employment is reac ...
... But the opposition of finance capital alone cannot explain capitalism's preference for deflationism, especially when industrial capital, no matter how much it ideologically dislikes State activism in matters of employment, stands so much to gain from it (at least until a level of employment is reac ...
3.2 Regulating the Private Sector
... others for the use. Governments play a role in safeguarding ...
... others for the use. Governments play a role in safeguarding ...
Can the Sir Stafford Sands Model of the Bahamian Economy, Survive
... political independence, for these countries, today’s challenge of development is for an economic independence based not only on sustainable development but also on their economies’ prospects for prosperity. The Bahamas is one of such small island states and moreover, it is a small island nation that ...
... political independence, for these countries, today’s challenge of development is for an economic independence based not only on sustainable development but also on their economies’ prospects for prosperity. The Bahamas is one of such small island states and moreover, it is a small island nation that ...
Chapter 16 power point - The College of Business UNR
... If the Fed wanted to restore some growth to the economy to deal with the high unemployment, what would it do? What would be the problem of acting this way? Suppose that the Fed reacts to a series of negative real shocks by increasing AD every time. What will happen to the inflation rate? ...
... If the Fed wanted to restore some growth to the economy to deal with the high unemployment, what would it do? What would be the problem of acting this way? Suppose that the Fed reacts to a series of negative real shocks by increasing AD every time. What will happen to the inflation rate? ...
Coyote Economist Econ Students Push Back on Proposed CSU Fee Increases
... public debt have saturated the mass media in recent months. Much of this discussion has had more to do with political posturing than with any serious effort to deal with the nation’s economic problems. But, even when carried out with the most serious of intentions, these debates are often premised o ...
... public debt have saturated the mass media in recent months. Much of this discussion has had more to do with political posturing than with any serious effort to deal with the nation’s economic problems. But, even when carried out with the most serious of intentions, these debates are often premised o ...
The Impact of Globalization on the Formation of the Global Political
... annihilation of most of the world's population. The pole's power and responsibility are determined by its allies and satellites, so this actor of international relations is interested in the successful development of all its members, since this fact alone guarantees it the status of the ‘pole’ among ...
... annihilation of most of the world's population. The pole's power and responsibility are determined by its allies and satellites, so this actor of international relations is interested in the successful development of all its members, since this fact alone guarantees it the status of the ‘pole’ among ...
The evolving international monetary system
... UK, France, Germany and most of the smaller European countries from 1879 to 1914. That success undoubtedly contributed to the extraordinary increase in international trade during that period. Another view of the gold standard is that it was a ‘managed’ system. There is general agreement that the Ban ...
... UK, France, Germany and most of the smaller European countries from 1879 to 1914. That success undoubtedly contributed to the extraordinary increase in international trade during that period. Another view of the gold standard is that it was a ‘managed’ system. There is general agreement that the Ban ...
Slide 1
... the revenue. For the next century, down to the reign of Richard III it was 9/10ths. During the next 70 years to the time of Mary it fell to about 3/4ths. From this time, to the end of the Commonwealth, land appeared to have yielded one half the revenue. Down to the reign of Anne it was 1/4th. In her ...
... the revenue. For the next century, down to the reign of Richard III it was 9/10ths. During the next 70 years to the time of Mary it fell to about 3/4ths. From this time, to the end of the Commonwealth, land appeared to have yielded one half the revenue. Down to the reign of Anne it was 1/4th. In her ...
Two Stops in Today`s New Global Geographies
... involve the migration and trafficking of people. To some extent, these are older processes, which used to be national or regional and today can operate on global scales. The same infrastructure that facilitates cross-border flows of capital, information, and trade is also making possible a whole ran ...
... involve the migration and trafficking of people. To some extent, these are older processes, which used to be national or regional and today can operate on global scales. The same infrastructure that facilitates cross-border flows of capital, information, and trade is also making possible a whole ran ...
Real consequences of financial crises
... force participation rates, effective working hours and potential supply. Hayashi and Prescott (2002) found that a fall in the growth rate of total factor productivity and a reduction in average hours worked per week from 44 to 40 hours between 1988 and 1993 led to a change in the slope and level of ...
... force participation rates, effective working hours and potential supply. Hayashi and Prescott (2002) found that a fall in the growth rate of total factor productivity and a reduction in average hours worked per week from 44 to 40 hours between 1988 and 1993 led to a change in the slope and level of ...
A Modest Proposal for International Monetary Reform – Greenwald
... The term net savings is used to note that some individuals may be dissaving, some individuals may save part of the year and dissave other parts of the year, and still others may be savings. What matters for the national income accounts is the net savings of the private sector. Conceptually, we shoul ...
... The term net savings is used to note that some individuals may be dissaving, some individuals may save part of the year and dissave other parts of the year, and still others may be savings. What matters for the national income accounts is the net savings of the private sector. Conceptually, we shoul ...
3.1. Changes in the Postwar Global Economy and the Roots of the
... time, the financial system became increasingly integrated globally. This was never fully achieved, as some countries, including China and India, held back from joining a single global financial market. Nevertheless, a major part of the world's financial system became very interdependent and intermes ...
... time, the financial system became increasingly integrated globally. This was never fully achieved, as some countries, including China and India, held back from joining a single global financial market. Nevertheless, a major part of the world's financial system became very interdependent and intermes ...
Growth versus Redistribution Prabhat Patnaik
... anybody’s recommendation; and such militant popular action surely is far from what the Columbia professors have in mind. This naïve belief in the absolute autonomy of the State becomes even more incredible when we are talking of a country tied to the vortex of global capital flows. The capacity of ...
... anybody’s recommendation; and such militant popular action surely is far from what the Columbia professors have in mind. This naïve belief in the absolute autonomy of the State becomes even more incredible when we are talking of a country tied to the vortex of global capital flows. The capacity of ...
Monetary policy strategy in a global environment
... economies, without altering the structure of the process itself. The argument would start from one significant aspect of globalisation: the size of the increase in the global supply of labour, which with the integration of China, India and Eastern Europe (EE) in the global economy has increased to 3 ...
... economies, without altering the structure of the process itself. The argument would start from one significant aspect of globalisation: the size of the increase in the global supply of labour, which with the integration of China, India and Eastern Europe (EE) in the global economy has increased to 3 ...
IHS Global Insight History
... The Sunday Times — David Smith’s Ranking of UK Forecasters 2005 Global Insight once again ranks in Top 10 ...
... The Sunday Times — David Smith’s Ranking of UK Forecasters 2005 Global Insight once again ranks in Top 10 ...
Germany and the Euro: The Revenge of Helmut Schmidt
... fantastically important project. But the interesting question for tonight, the first important question is why did the euro survive the crisis? Why were so many analysts wrong? The reason, I think, is simple. Most analysts, at least in the United States and Britain, were using the wrong analytical m ...
... fantastically important project. But the interesting question for tonight, the first important question is why did the euro survive the crisis? Why were so many analysts wrong? The reason, I think, is simple. Most analysts, at least in the United States and Britain, were using the wrong analytical m ...
Animal Spirits in Open Economy: An Interaction-Based
... and simulated method of moments; see Fernández-Villaverde and Rubio-Ramı́rez (2011), Flury and Shephard (2011), as well as Ruge-Murcia (2012), among others. In particular, many researchers have sought to take into account the market incompleteness in DSGE models, although there has been an increase ...
... and simulated method of moments; see Fernández-Villaverde and Rubio-Ramı́rez (2011), Flury and Shephard (2011), as well as Ruge-Murcia (2012), among others. In particular, many researchers have sought to take into account the market incompleteness in DSGE models, although there has been an increase ...
China as a Non-Market Economy - Institute for International Trade
... exporters should be given the chance to convince the investigating authorities that their price and cost information is legitimate and not distorted by the operation of a non-market economy. The provisions of the protocol allowing recourse to non-market methodologies expire in 2016, 15 years after C ...
... exporters should be given the chance to convince the investigating authorities that their price and cost information is legitimate and not distorted by the operation of a non-market economy. The provisions of the protocol allowing recourse to non-market methodologies expire in 2016, 15 years after C ...
Journal of Globalization and Development
... exchange rates any country that is willing to see the value of its currency fall can create a potential surplus by manipulating its exchange rate downward. Broadly speaking it achieves this either by selling its own currency, of which it has an unlimited supply, in foreign exchange markets or by low ...
... exchange rates any country that is willing to see the value of its currency fall can create a potential surplus by manipulating its exchange rate downward. Broadly speaking it achieves this either by selling its own currency, of which it has an unlimited supply, in foreign exchange markets or by low ...
Nouriel Roubini
Nouriel Roubini (born March 29, 1958) is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm.The child of Iranian Jews, he was born in Turkey and grew up in Italy. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a practising economist at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel. Much of his early research focused on emerging markets. During the administration of President Bill Clinton, he was a senior economist for the Council of Economic Advisers, later moving to the United States Treasury Department as a senior adviser to Timothy Geithner, who in 2009 became Treasury Secretary.