International Monetary System: Past, Present and Future is an extraordinary book in which, through numerous scientific articles (papers) that were complied and edited by Dr. Debesh Bhowmik, the important issue of the ...

The thesis introduces a system dynamics Taylor rule model of new Keynesian nature for monetary policy feedback in Brazil. The nonlinear Taylor rule for interest rate changes con-siders gaps and dynamics of GDP growth and ...

The study discusses the recovery of the Argentine financial system after the crisis of the so called convertibility regime of the 1990s. The Argentine macroeconomic regime established in 1991 and based on the hard peg of ...

This book provides an analysis of the global monetary system and the necessary reforms that it should undergo to play an active role in the twenty-first century. As its title indicates, its basic diagnosis is that it is ...

Governments usually do not admit they are causing inflation deliberately. They try to take advantage of this situation, promoting populist actions. They issue money to fund increasing spending on subsidies and transfers, ...