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Essays 91 - 120

Gold, Dollars, and Power by Francis J. Gavin

by the US, Great Britain and their wartime allies in the summer of 1944 at a conference held in Bretton Woods, New Hampshire. High...

The Future Role of Central Banks Assessed

current-account deficits, and countries with large savings would be expected to have large surpluses. This has not occurred (Capit...

The Macau Economy

is undertaken can be seen as divergent. As already noted the Macau pataca is fixed to the Hong Kong dollar at a value...

The Functions of the Federal Reserve

equates to the setting of interest rates for federal and treasury securities (Federal Reserve, 2007). The impact is due to the w...

U.S. Army Pay Systems

salary is vastly different, $48,468 for the civilian and $26,967 for the military sergeant but the total package tells another st...

Can Monetary Policies Impact on Demand for Goods?

policy it is best to first look at its objectives and the tools used for those objectives. The aims of monetary control are genera...

Australia and U.S. Central Banks and Monetary Policy

open market (Smith, 2001). The Federal Reserve credits the accounts of the dealers and banks from whom they purchase securities (S...

Great Depression's Causes

standard was a system where the different currencies were linked not to each other, but to the price of gold. For example, at one ...

UAE and Iran Economic Development

that is associated with free trade. The role of the World Bank and the IMF is well known for aiding development, however, this aid...

Structural Adjustment Policy of the IMF

In nine pages this paper examines the 'neoliberal' or structural adjustment policies of the International Monetary Fund in terms o...

Australia and Fixed Exchange Effects

In five pages the influence of fixed exchange rates on the Australian dollar is examined in a discussion of consequences should th...

Overview of Economic Recession

established by Congress in 1913 and consists of seven members of the Board of Governors located in Washington, DC and also twelve ...

Monetary Policy of Canada

is set (2002). Complex rules generally incorporate a greater number of variables (2002). A simple rule may be considered to be rob...

US Monetary Policy History

theories behind monetary policy debates and these are the theories that provide people in politics with support for their position...

Overview of Credit Creation

bank increases the level of lending it makes, there will, if all other things are equal, be an expansion of the money supply, mone...

Bank of England, Inflation, Unemployment, and the Rational Expectations Theory

policies: one would be estimating future inflation rates on past performance, even in the light of Bank of England policies which ...

Business Performance and the Impact of Monetary Policy

but slowly add facilities and workers. This reduces unemployment rates, creating an environment in which employers need to compet...

A Position Paper on Al Gore

as well as the position of the democratic party. The macroeconomic problems the economy might experience in the next 5 years see...

1960 to 2000 Argentina's Monetary Policy

In fourteen pages this paper subdivided into three sections examines Argentina's monetary policy over this four decade period. Ni...

Summer of 2000 U.S. Monetary Policy

unless his input was sorely needed. In reference to the summer of 2000, an article in the Economist had emphasized that the previo...

Review of Sophia Lazaretou's Article 'Government Spending, Monetary Policy and Exchange Rate Regime Switches The Drachma in the Gold Standard Period'

In five pages this 1995 article is reviewed in a consideration of the connection between monetary policy, mechanisms of exchange r...

Classical and Keynesian Approaches to Monetary Policy

In twelve pages Keynesian and classical approaches to monetary policy are examined in two parts that considers UK applicability. ...

U.S. Economic Condition

in 1999 The student formulating a monetary policy recommendation should be aware that currently, U.S. enjoy low interest r...

An Economic Theory and Thought History

This paper discusses quantity monetary theory, external and internal economic trends, equilibrium of quantity and price, and the e...

Paul Volcker's Monetary Policy and the 1970s' End of Inflation

October 1979 The seventies were not good economic times but one would have to begin a bit earlier to see the inflationary trend ...

History, Prupose, and Issues Surrounding the International Monetary Fund (IMF)

In practice, however, both the IMF and World Bank have a long history of intellectual addiction to the soft-core Marxism and centr...

Policy, Marketplace Changes, and the International Monetary Fund

In twenty pages the IMF is examined in this overview that includes its origins, purpose, functions, and its influence upon monetar...

Monetary Policy for Bank of Canada

In a paper consisting of eleven pages the Bank of Canada's monetary policy in terms of pros and cons, past successes and current f...

Global Business and the Impact of Monetary Policies

In six pages this paper provides answers to 3 questions involving global business and the effects of monetary policies in a discus...

Macroeconomic Impact of Monetary Policy

In five pages the 1990 and 1991 recession are examined in a discussion of how monetary policy affects macroeconomics with growth, ...