Further Koruna Appreciation
- ANALYSIS FOR THE DEGREE OF EUROIZATION IN ROMANIA. Dinu, Marin; Marinas, Marius; Socol, Aura Gabriela // Annals of the University of Oradea, Economic Science Series;2012, Vol. 21 Issue 1, p290
Euroization is defined as the adoption of the Euro currency by the authorities from a country outside the Euro area, as a legal currency and as an official currency, and this means that the country chooses to give up its national currency and that the national bank gives up using the monetary...
- Macro policies to maintain economic balance. // OECD Economic Surveys: Iceland;Feb2005, Vol. 2005 Issue 4, p33
This chapter discusses the factors driving the current expansion, the economic outlook and the macroeconomic policy settings in place to maintain economic stability. The recovery from the mild 2002 recession has been stronger than expected as the stimulatory effect of the large-scale...
- Extension of Romer's IS-MP-IA Model to Small Open Economies. Hsing, Yu // Atlantic Economic Journal;Sep2004, Vol. 32 Issue 3, p256
Presents a study on the use of a monetary policy system in small open economies. Examination of the relationship between currency depreciation and inflation-output; Mathematical functions used in evaluating the relationship; Factors that influenced the effect of currency depreciation on output.
- Peg To Remain, Despite Yuan Revaluation. // Asia Monitor: China & North East Asia Monitor;Dec2005, Vol. 12 Issue 12, p8
The article reports that Hong Kong's acting financial secretary Stephen Ip has announced that the Hong Kong dollar would remain pegged to the U.S. currency. At first sight, the case for linking the Hong Kong dollar with the Yuan appears strong. China is Hong Kong's largest trading partner, and...
- CURRENCY COMPETITION AND CONSUMER-DRIVEN UNIFICATION. White, Lawrence H. // CATO Journal;Spring/Summer2003, Vol. 23 Issue 1, p139
Discusses the concept of currency competition and consumer-driven unification in the context of international finance. Ultimate goal of economic policy; Contrast between competition and unification among monetary standards; Standard policy-instrument objections to dollarization.
- Assessment and recommendations. // OECD Economic Surveys: Turkey;Oct2002 Supplement 1, Vol. 2002, p9
Focuses on the outcome of the decision of Turkey to embark on a strengthened stabilization program in May 2001. Support of the International Monetary Fund for the program; Aim in the establishment of the program; Increase in interest rates.
- Banking system restructuring in the context of macroeconomic stabilisation. // OECD Economic Surveys: Turkey;Oct2002 Supplement 1, Vol. 2002, p65
Examines the main policy issues involved in systematic bank restructuring in Turkey in the context of macroeconomic stabilization as of 2002. Attempt in the quasi-currency board rules supporting the exchange rate-based disinflation initiatives; Advantage of a durably low inflation to Turkish...
- Monetary Policy Reaction Function in Open Economy Version: Empirical Evidence in Case of Pakistan. Muhammad, Sulaiman D.; Hussain, Adnan; Ahsanuddin, Muhammad; Kazmi, Shazia; Lal, Irfan // Asian Social Science;Jul2012, Vol. 8 Issue 8, p89
Aftermath the globalization and financial liberalization the purpose of monetary policy deviates from economic growth to economic stabilization. Therefore monetary authority adjusts its policy rate in response to systematic changes in macroeconomic activities and business fluctuations. The rule...
- The decline and fall of the Chinese empire. Chang, Gordon G. // China Economic Review (13506390);Feb2012, Vol. 23 Issue 2, p25
The article focuses on economic crisis in China, that started in September 2011 and may end its possibility to become the World's largest economy. Topics discussed include decline in inflation, increase in the money supply by leaders and the policy of political transition with a gap of ten...