Overview

A central bank, reserve bank, or monetary authority is the entity responsible for the monetary policy of a country or of a group of member states. It is a bank that can lend money to other banks in times of need. Throughout the world, the everyday life of individuals is increasingly influenced by phenomena of social and economic change such as globalisation, computerisation, or the pluralisation of life-courses. Globalisation is often used to refer to economic globalisation: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology. This book takes a look at the central banking industry and globalisation, highlighting topics such as the central bank's use of foreign exchange reserves to recapitalise banks, a new metrics measurement that is based on the concept of economic value, and that is embedded in the rational choice theory, the roles of central banking in the period of deflationary depression both empirically and theoretically, and an explanation of the argument that the effect on aggregate demand and output of a fiscal stimulus financed by public debt is markedly different from the effect of a stimulus financed by the Central Bank. This book also examines laws known as trade remedies that mitigate the adverse impact of various trade practices on domestic industries and workers.

Full Product Details

Author:   Marlon Cappello ,  Cristian Rizzo
Publisher:   Nova Science Publishers Inc
Imprint:   Nova Science Publishers Inc
Weight:   0.536kg
ISBN:  

9781608760565

ISBN 10:   1608760561
Pages:   177
Publication Date:   01 August 2010
Audience:   College/higher education ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Preface; Mastering Demands of Social & Economic Change: Social Indicators as Predictors of Primary & Secondary Control; On the Role of Money Growth Targeting under Inflation Targeting Regime; Trade Remedies: A Primer; Towards New Metrics to Measure Sustained Competitiveness in the Caribbean; Central Banking & Deflationary Depression: A Japanese Perspective; Central Bank Independence in Words & in Deeds: Lessons from Brazil & Chile; Water: A Global Risk Factor; An Original use of Foreign Exchange Reserves: When a Central Bank Can Use its FX Reserves to Recapitalize Banks; Identity Globalisation & Experience Tourism; The Equivalence between a Fiscal Stimulus Financed by Public Debt & by Central Bank Money; On Inflation Targeting in MENA Countries; Should Monetary Policy Respond to Private Sector Expectations?; Index.

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