Development Centre Studies The Making of Global Finance 1880-1913 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Development Centre Studies The Making of Global Finance 1880-1913 write by Flandreau Marc. This book was released on 2009-10-30. Development Centre Studies The Making of Global Finance 1880-1913 available in PDF, EPUB and Kindle. This book traces the roots of global financial integration in the first “modern” era of globalisation from 1880 to 1913 and can serve as a valuable tool to current-day policy dilemmas by using historical data to see which policies in the past led to enhanced international financing for development.
Development Centre Studies The Making of Global Finance 1880-1913
Development Centre Studies The Making of Global Finance 1880-1913 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Development Centre Studies The Making of Global Finance 1880-1913 write by OECD.. This book was released on . Development Centre Studies The Making of Global Finance 1880-1913 available in PDF, EPUB and Kindle.
The Political Economy of the Eurozone
The Political Economy of the Eurozone - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Political Economy of the Eurozone write by Ivano Cardinale. This book was released on 2017-10-12. The Political Economy of the Eurozone available in PDF, EPUB and Kindle. The Eurozone is not a mere currency area. It is also a unique polity whose actors span multiple levels (supranational, national, regional, sectoral) and pursue overlapping economic and political objectives. Current thinking on the Eurozone relies on received categories that struggle to capture these constitutive features. This book addresses this analytical deficit by proposing a new approach to the political economy of the Eurozone, which captures economic and political interdependencies across different levels of decision making and sheds light on largely unexplored problems. The book explores the opportunities afforded by the structure of the Eurozone, and lays the foundations of a political economy that poses new questions and requires new answers. It provides categories that are firmly grounded in the existing configuration of the Eurozone, but are a precondition for overcoming the status quo in analysis and policy.
Financial Market History: Reflections on the Past for Investors Today
Financial Market History: Reflections on the Past for Investors Today - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Market History: Reflections on the Past for Investors Today write by David Chambers. This book was released on . Financial Market History: Reflections on the Past for Investors Today available in PDF, EPUB and Kindle. Since the 2008 financial crisis, a resurgence of interest in economic and financial history has occurred among investment professionals. This book discusses some of the lessons drawn from the past that may help practitioners when thinking about their portfolios. The book’s editors, David Chambers and Elroy Dimson, are the academic leaders of the Newton Centre for Endowment Asset Management at the University of Cambridge in the United Kingdom.
Rating Politics
Rating Politics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Rating Politics write by Zsófia Barta. This book was released on 2023-04-27. Rating Politics available in PDF, EPUB and Kindle. How do countries' political and policy choices affect the credit ratings they receive? Sovereign ratings influence countries' cost of funding, and observers have long worried that rating agencies - these unelected, unappointed, unaccountable, for-profit organizations - can interfere with democratic sovereignty if they assign lower ratings to certain political and policy choices. The questions of whether, how, and why ratings react to policy and politics, however, remain unexplored. Rating Politics opens the black box of sovereign ratings to uncover the logic that drives rating responses to political and policy factors. Relying on statistical analysis of rating scores, interviews with sovereign rating analysts, and a close reading of the official communications of rating agencies about their decisions, Zsófia Barta and Alison Johnston show that ratings penalize center-left governments and many (though not all) policies associated with the center-left agenda. The motivation for such penalties is not rooted in assumptions about how those political and policy features affect growth and debt servicing capacity. Instead, ratings are lower in the presence of those features because they are expected to make a country more vulnerable to market panics whenever the economy is hit by unforeseen shocks, as they signal insufficient willingness and/or ability to engage in determined austerity for the sake of reassuring markets. Since market panics and the resulting "sudden stops" of funding lead to humiliating collapses of ratings, rating agencies attempt to insure themselves against "rating failures" by pre-emptively assigning lower ratings to countries with the "wrong" political and policy mix.
