ISBN:
9781781958070
Language:
English
Pages:
1 Online-Ressource (239 pages)
,
illustrations
Parallel Title:
Erscheint auch als
Parallel Title:
Erscheint auch als Global divergence in trade, money and policy
DDC:
337
Keywords:
Internationale Wirtschaftsbeziehungen
;
Internationale Handelspolitik
;
Wechselkurs
;
Internationaler Finanzmarkt
;
Bank
;
Geldpolitik
;
EU-Mitgliedschaft
;
Euro
;
Welt
;
International trade Congresses
;
Foreign exchange Congresses
;
Monetary unions Congresses
;
International trade Congresses
;
Foreign exchange Congresses
;
Monetary unions Congresses
;
Konferenzschrift 2004
;
Welthandel
;
Weltwirtschaft
;
Währungsunion
;
Weltwirtschaft
;
Globalisierung
Abstract:
Although the globalization of markets and the rapid growth in worldwide information technologies supports harmonization and integration between countries, substantial differences still exist throughout the world. Global Divergence in Trade, Money and Policy explores the disparities between a range of countries, arguing that their differences are a major factor in international tensions, and will remain a substantial problem for many decades to come. The book analyses the implications of disparities in the areas of economic power, institutional structures, per capita income, international trade, exchange rate systems, financial markets, monetary policy issues, the development of monetary unions and welfare. Case studies encompassing Asia, India, Greece, Mexico, the US and EU accession countries illustrate how differently the globalization process is regarded and valued by countries depending on their own particular circumstances. Exploring the role of different countries in the processes of globalization and shedding light on the issues surrounding economic divergences, this book will strongly appeal to economists with a special interest in globalization, development and international trade
Description / Table of Contents:
Contents: Preface -- The athenian policy forum -- Introduction -- Part one: Problems of international trade -- 1. Currency misalignments and trade asymmetries among major economic areas / Dominick Salvatore -- 2. Free trade and poverty / Fernando A. Noriega-Ureña -- Part two: Exchange rate aspects and financial markets -- 3. The east Asian dollar standard, fear of floating, and original sin / Ronald McKinnon and Gunther Schnabl -- 4. Integration and convergence of financial markets in the European Union / Bala Batavia, Parameswar Nandakumar and Cheick Wagué -- Part three: Asymmetries in banking sectors -- 5. Asymmetries in us banking: The role of black-owned banks / Nicholas A. Lash -- 6. The extranjerización of the Mexican banking sector: Expectations and results / Carlos A. Rozo -- Part four: Monetary policy issues -- 7. Asymmetries in transatlantic monetary policy relationship? Ecb versus fed / Ansgar Belke and Daniel Gros -- 8. Rethinking monetary stabilization in the presence of an asset bubble: Should the response be symmetric or asymmetric? / Marc D. Hayford and A.G. Malliaris -- Part five: Accession countries and emu -- 9. The internationalization of the euro: Trends, challenges and risks / George Michalopoulos -- 10. Linkages in the term structures of the EU accession countries / Minoas I. Koukouritakis and Leo Michelis -- Index.
Note:
"This book is a compliation of papers from a conference about 'Asymmetries in Trade and Currency Arrangements in the 21st Century' held as one of the main biennial conferences of the Athenian Policy Forum at Deutsche Bundesbank (Frankfurt, Germany) in July 2004."
,
Includes bibliographical references and index
URL:
Deutschlandweit zugänglich
URL:
Deutschlandweit zugänglich
URL:
Inhaltsverzeichnis
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