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Reconsidering Central Bank Independence
Central bank independence has become one of the most widely accepted tenets of modern monetary policy. According to this view, the main role of independent central banks is to maintain price stability through the adjustment of short-term interest rates. Reconsidering Central Bank Independence argues that the global financial crisis has undermined confidence in this view as central banks increasingly have to address concerns other than price stability, such as financial stability, the need for output recovery and other broader policy goals. Large balance-sheet expansion by central banks followed the global financial crisis, which overlapped considerably with the financial policy of their respective governments. Exploring the consequences of this shift to a more diverse set of policy challenges, this book calls for a return to the consensus role for central banks and analyses what this might mean for their future independence.
Securing the Global Economy
Securing the Global Economy explores how and why the G8 and other institutions of global governance deal with increasingly comprehensive and complex economic-security connections. These connections are explored from an interdisciplinary perspective, with economists, political scientists and those in the policy world bringing their insights to bear. Moreover, this volume explores this economic-security connection from a constitutional or institutional perspective. In a classical liberal spirit, it is concerned with the organizing principles of a liberal international economic order and the framework of rules that enables it to survive and flourish. Security issues, national trade policies, th...
Guiding Global Order
This title was first published in 2001. John Kirton, Joseph Daniels and Andreas Freytag present an indispensable and authoritative collection of papers which examine both the professional economic merits and the underlying politics, of the hotly contested competing initiatives for strengthening the international financial system. Containing the first treatment of China’s relationship with the G7/G8 and comprehensive analysis of the new G20 forum, this volume in the G8 and Global Governance series also looks at the possibilities for the G8 system. It places the work of the G7 within a broader context of global governance and the new challenges facing the international community in the new century. A balanced selection of distinguished experts from the G7 countries and from emerging markets outside, provide an essential addition to the bookshelves of academics, government officials and business and media communities interested in keeping abreast of the ongoing and rapidly expanding work of the G7/G8 system.
Sustaining Global Growth and Development
Sustaining Global Growth and Development focuses on the new challenges for sustaining growth in the twenty-first century and the role of the G7 and IMF in meeting these challenges amidst the new processes of regionalism now emerging. The volume has three central purposes: · to assess how and how well the G7 has addressed its core 2002 agenda of sustaining global growth, reducing poverty in Africa, and combating terrorism and its financing · to examine how the IMF has approached these issues, and related work of the G7 · to explore how the G7, IMF and other international institutions are addressing global growth and development challenges in the context of the new processes of regionalism. Pressures such as currency consolidation in Asia and economic union in Africa are studied. This book builds on previous volumes in the series with a heavy focus on the World Bank, the regional development banks and the many other international institutions that work in the field of development.
Entrepreneurship and Culture
The book is an innovative compilation of papers that explore the relationship between cultural features and entrepreneurship. The relative stability of differences in entrepreneurial activity across countries suggests that other than economic factors are at play. The contributions to this edited volume deal with the foundations of entrepreneurship and with the effects of different cultural settings on the incidence and success of entrepreneurs. Topics are individual decision making in a cultural context, regional aspects of entrepreneurship, cross-country differences, and the influence of culture on entrepreneurial activity.
Transdisciplinary Approaches on Reconciliation Research
Reconciliation studies are concerned with the processes of rebuilding and improving damaged relationships after major wrongdoings. They focus on factors such as law, economics, and international relations, as well as on elements such as emotions and ethics, culture and religion, media and education. Reconciliation research therefore requires a transdisciplinary approach, to analyse both the procedures leading to the recognition of truth as well as those in which justice is administered; both the impact of public apologies and cooperation agreements; both the implementation of memory policies and civil society initiatives; both the outcomes of trauma therapy and intergenerational encounter gr...
America's Trade Follies
America's Trade Follies controversially argues that the global political economy is hardening into regional blocs, in North America, Latin America, Europe and the Asia Pacific, organized around a powerful economic base and suspicious of each other. Bernard K. Gordon's masterful analysis shows that this division threatens American prosperity by limiting US access to the world's richest and largest markets, and endangers US security by dividing the globe along economic and political lines. Provocative, original and stimulating this book is essential reading for all those interested in American politics, trade and international political economy.
Finnish-German Yearbook of Political Economy, Volume 2
The volume has two main issues. One focuses on Mikael Agricola and his contribution to reformation in Finland and the Finnish language. The corresponding articles are Heidi Salmi, German Influence on the Finnish in Mikael Agricola, Jyrki Knuutila, The Impact of the Reformation on Finland from the Perspective of Finnish Students at Wittenberg University (1531–1633), and Andreas Pawlas, Mikael Agricola and the Finnish Identity. Is Mikael Agricola the root for the special link between Finland and Germany when it comes to culture and language? Kirsti Siitonen and Katri Annika Wessel contribute a report on the teaching and research of Finnish language and culture in German universities. The fir...
Finnish-German Yearbook of Political Economy, Volume 3
Beiträge: Christian Jokinen, Germany’s Revolutionizing Strategies in 1914-1918 and the Secret Comrades-in-arms of the Finnish Jäger * Vesa Vares, The Kingdom That Never Was: Germany, Finland, and the Finnish Monarchist Project of 1918 * Detlev Pleiss, Finnish Soldiers Facing Fehrbellin: The Battle of Rathenow * Pirkko Koski, Hella Wuolijoki, Bertolt Brecht, and Multi-layered National Identity* Timo Airaksinen, Socrates Meets the Crocodile, or The Ironies of Brecht’s and Wuolijoki’s Herr Puntila und sein Knecht Matti * Klaus Reichel, Summer 1940 in Iitti: Hella Wuolijoki and Bertolt Brecht, *Judith Köbler*, Mirroring Society through the Constitutional Lens: Finland and Germany
