Money Monetary Policy category: 1222 books

This paper aims to put some constraints on the way primary surpluses are projected when making assessments of public debt sustainability. Projections should be tied either to the country's historical track record in generating surpluses-if the institutional and other factors accounting for this track...

What can we learn from Bitcoin and Burning Man about re-inventing money and designing better forms of self-governance?  Why are “decentralized autonomous organizations” the next great Internet disruption? From Bitcoin to Burning Man and Beyond:  The Quest for Autonomy...

Political Events always come as an Inflection Point in the Markets and this time with the US 2012 Presidential Election, it has come as an Inflection Point in the US Dollar. We all are talking about the Third World War possibility and probability and timing of its occurrence, but very few people know...

The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist...

Improving market access in industrial countries and retaining preferences have been Africa's two key objectives in the Doha Round trade negotiations. This paper argues that African negotiators may have overlooked the potential market access gains in developing countries, where trade barriers remain...

This paper reviews recent banking reform efforts in the lower Mekong countries (LMCs), comprising Cambodia, the Lao People's Democratic Republic, and Vietnam. Linked by close economic and cultural ties, the three LMCs face the dual challenge of economic development and transition to market-based economies....