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The Macroeconomic Theory of Exchange Rate Crises
An overview of the causes and consequences of speculative attacks on domestic currency and international financial turmoil. It provides a comprehensive treatment of the existing theories of exchange rate crises and of financial market runs.
The Next Great Globalization
Many prominent critics regard the international financial system as the dark side of globalization, threatening disadvantaged nations near and far. But in The Next Great Globalization, eminent economist Frederic Mishkin argues the opposite: that financial globalization today is essential for poor nations to become rich. Mishkin argues that an effectively managed financial globalization promises benefits on the scale of the hugely successful trade and information globalizations of the nineteenth and twentieth centuries. This financial revolution can lift developing nations out of squalor and increase the wealth and stability of emerging and industrialized nations alike. By presenting an unpre...
Globalization and Systemic Risk
The impact of globalization of financial markets is a highly debated topic, particularly in recent months when the issue of globalization and contagion of financial distress has become a focus of intense policy debate. The papers in this volume provide an up-to-date overview of the key issues in this debate. While most of the contributions were prepared after the initial outbreak of the current global turmoil and financial crisis, they identify the relative strengths of the risk diversification and risk transmission processes and examine the empirical evidence to date. The book considers the relative roles of banks, nonbank financial institutions and capital markets in both risk diversification and risk transmission. It then evaluates the current status of crisis resolution in a global context, and speculates where to go from here in terms of understanding, resolution, prevention and public policy.
New Trends in Ophthalmology: Medical and Surgical Management
New Trends in Ophthalmology presents ophthalmologists with the most recent technological developments in this rapidly advancing field. Each chapter explains current diagnosis and medical and surgical management of different ocular disorders and diseases, including cataract surgery, glaucoma treatment and lens implant surgery. Presented in an easy to follow format, this comprehensive manual is enhanced by nearly 400 clinical photographs, diagrams and tables. Key points Comprehensive guide to latest technological developments in ophthalmology Presents medical and surgical management of numerous ocular diseases and disorders Internationally recognised author and editor team, predominantly from Europe and the USA Includes nearly 400 full colour clinical photographs, diagrams and tables
International Handbook of Development Economics
The essays are concise, yet comprehensive, and each essay contains a substantial set of references, which an interested researcher or student could follow up. . . In addition to representing multidisciplinary interactions, this collection encompasses several different perspectives within development economics, so the reader can learn, for example, both about neoclassical approaches and dependency theories in the same volume. This makes the collection unique and all the more valuable. . . This is a very good reference collection, as the individual essays are informative and provide a good overall perspective on the topic that they set out to address. The extensive bibliography at the end of e...
ZB 2005: Formal Specification and Development in Z and B
This book constitutes the refereed proceedings of the 4th International Conference of Z and B users, ZB 2005, held in Guildford, UK in April 2005. The 25 revised full papers presented together with extended abstracts of 2 invited papers were carefully reviewed and selected for inclusion in the book. The papers document the recent advances for the Z formal specification notation and for the B method, ranging from foundational, theoretical, and methodological issues to advanced applications, tools, and case studies.
Abstract State Machines, Alloy, B, TLA, VDM, and Z
This book constitutes the refereed proceedings of the 5th International Conference on Abstract State Machines, Alloy, B, TLA, VDM, and Z, ABZ 2016, held in Linz, Austria, in May 2016. The 17 full and 15 short papers presented in this volume were carefully reviewed and selected from 61 submissions. They record the latest research developments in state-based formal methods Abstract State Machines, Alloy, B, Circus, Event-B, TLS+, VDM and Z.
Economics
An updated edition of the authoritative resource on the realities of the modern economy People have always had an interest in how the economy works, and that interest has only been magnified as a result of the Great Recession. Economics, Third Edition: Making Sense of the Modern Economy takes complex concepts and makes them easy to understand, presenting the concepts in the context of today's economic environment. Details the sources of economic growth, and the role of central banks Explains both macro and microeconomics Analyzes why the recession of 2008 happened and how it was dealt with, as well as its short- and long-term effects Free of jargon and with few charts or tables to sort through and pore over, Economics, Third Edition helps everyone from students to statesmen quickly and easily grasp how the economy really works in the real world, and how it affects our daily lives.
Monetary Policy Strategy
A leading academic authority and policymaker discusses monetary policy strategy from the perspectives of both scholar and practitioner, offering theory, econometric evidence, and extensive case studies. This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin is not only an academic expert in the field but also a high-level policymaker. He is especially well positioned to discuss the changes in the conduct of monetary policy in recent years, in particular the turn to inflation targeting. Monetary Policy Strategy describes his work over the last ten years, offering published papers, new int...
Colombia
This Selected Issues paper addresses key areas that would contribute to maintaining macroeconomic stability and inclusive growth. Strong economic growth in Colombia has significantly reduced poverty, but has had limited impact on reducing inequality. Strong growth and social programs have helped reduce poverty. Going forward, efforts to further strengthen education, pension, and tax systems stand to yield important social gains, as recognized by the national development plan. Labor market distortions have declined in recent years, but challenges remain. The elimination of infrastructure gaps will also play a key role in sustaining strong and broad-based growth, and supporting further economic diversification.
