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Every Thursday afternoon investors, reporters, and financial commentators
anxiously await the latest figure on the nation’s money
supply. About every six weeks speculation mounts as the Open Market
...
LESSONS FROM THE MONETARY EXPERIENCE OF PANAMA：A DOLLAR ECONOMY WITH FINANCIAL INTEGRATION
MONETARY EXPERIENCE PANAMA FINANCIAL INTEGRATION
2008/11/13
Panama’s monetary system has the following characteristics: (1)
The U. S. dollar is the medium of exchange, while the balboa, the
national currency, is a unit of account and exists only as silver co...
A strong dollar policy is the yeti of economics. Despite occasional
sightings, most recently by the National Association of Manufacturers,
the American Farm Bureau, and the AFL-CIO, scientific evide...
Milton Friedman’s classic “The Case for Flexible Exchange Rates”
was published in 1953, but its inception dates back to 1950 when the
author was a consultant to the U.S. Economic Cooperation Adminis...
THE U.S. DOLLAR AND PROSPERITY：ACCIDENTS WAITING TO HAPPEN
U.S. DOLLAR reserve currency financial markets
2008/11/5
Development in the rest of the world depends on the United States
because America continues to be the engine of the world economy
and the U.S. dollar is the main reserve currency. In this article, I...
GLOBAL IMBALANCES, TANKING DOLLAR, AND THE IMF’S SURVEILLANCE OVER EXCHANGE RATE POLICIES
GLOBAL IMBALANCES EXCHANGE RATE POLICIES IMF
2008/11/4
The exchange rate policies of the member countries of the International
Monetary Fund could come under more intrusive scrutiny
because of the June 15, 2007, decision of the IMF Executive Board
on b...
The Future of the Renminbi and Its Impact on the Hong Kong Dollar
Renminbi Hong Kong Dollar international currency exchange rate
2008/11/4
This article outlines our thoughts on the following three issues.
First, will the renminbi become an international currency in the foreseeable
future? Second, what does the international use of the ...