Author: Johnny Åkerholm
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 310
Book Description
The papers in this volume were originally presented at a conference in Helsinki as the initial turmoil broke out. Now revised in many cases to reflect the events of 1992 and 1993, they contribute to our understanding of the motivations behind the drive to peg currencies in the Nordic countries to the Deutschmark, and of the problems these countries encountered in that process.
Exchange Rate Policies in the Nordic Countries
Author: Johnny Åkerholm
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 310
Book Description
The papers in this volume were originally presented at a conference in Helsinki as the initial turmoil broke out. Now revised in many cases to reflect the events of 1992 and 1993, they contribute to our understanding of the motivations behind the drive to peg currencies in the Nordic countries to the Deutschmark, and of the problems these countries encountered in that process.
Publisher:
ISBN:
Category : Foreign exchange
Languages : en
Pages : 310
Book Description
The papers in this volume were originally presented at a conference in Helsinki as the initial turmoil broke out. Now revised in many cases to reflect the events of 1992 and 1993, they contribute to our understanding of the motivations behind the drive to peg currencies in the Nordic countries to the Deutschmark, and of the problems these countries encountered in that process.
Exchange Rate Policy, Inflation and Unemployment
Author: Thorvaldur Gylfason
Publisher:
ISBN:
Category : Devaluation of currency
Languages : en
Pages : 60
Book Description
Publisher:
ISBN:
Category : Devaluation of currency
Languages : en
Pages : 60
Book Description
Wages and Exchange Rates
Author: Dag Lindskog
Publisher: Gower Publishing Company, Limited
ISBN:
Category : Foreign exchange
Languages : en
Pages : 220
Book Description
Publisher: Gower Publishing Company, Limited
ISBN:
Category : Foreign exchange
Languages : en
Pages : 220
Book Description
Monetary Policy in the Nordic Countries
Spillovers in the Nordic Countries
Author: Miss Borislava Mircheva
Publisher: International Monetary Fund
ISBN: 1484305043
Category : Business & Economics
Languages : en
Pages : 28
Book Description
Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well as some exposure to Russia. Using the IMF’s Global Integrated Monetary and Fiscal model (GIMF), we examine spillovers the region could face, focusing on possible scenarios from the rest of the euro area and Russia, and the fall in global oil prices. We show that the spillovers from these scenarios differ in magnitude and impact, regardless of the high degree of integration among the four Nordic economies. These differences are driven by the fact that Denmark and Finland have no independent monetary policy, and Denmark and Norway are net energy exporters while Finland and Sweden are energy importers. We infer lessons for policy from the outcomes.
Publisher: International Monetary Fund
ISBN: 1484305043
Category : Business & Economics
Languages : en
Pages : 28
Book Description
Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well as some exposure to Russia. Using the IMF’s Global Integrated Monetary and Fiscal model (GIMF), we examine spillovers the region could face, focusing on possible scenarios from the rest of the euro area and Russia, and the fall in global oil prices. We show that the spillovers from these scenarios differ in magnitude and impact, regardless of the high degree of integration among the four Nordic economies. These differences are driven by the fact that Denmark and Finland have no independent monetary policy, and Denmark and Norway are net energy exporters while Finland and Sweden are energy importers. We infer lessons for policy from the outcomes.
Choosing an Exchange Rate Regime
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781557751331
Category : Business & Economics
Languages : en
Pages : 394
Book Description
This collection of papers, edited by Victor Argy and Paul De Grauwe, examines issues surrounding the choice of exchange rate regime in smaller industrial countries. It contains a comprehensive summary by Jacques J. Polak.
Publisher: International Monetary Fund
ISBN: 9781557751331
Category : Business & Economics
Languages : en
Pages : 394
Book Description
This collection of papers, edited by Victor Argy and Paul De Grauwe, examines issues surrounding the choice of exchange rate regime in smaller industrial countries. It contains a comprehensive summary by Jacques J. Polak.
Reform Capacity and Macroeconomic Performance in the Nordic Countries
Author: Torben M. Andersen
Publisher: Oxford University Press, USA
ISBN: 0198717105
Category : Business & Economics
Languages : en
Pages : 385
Book Description
The outbreak of the financial crisis in 2008 has had significant effects on economic activity, unemployment, and public finances for all European countries. However, European economies do not form a homogenous region, and any serious analysis of macroeconomic imbalances in Europe must account for the fact that different economic and political models and circumstances operate across the continent. This book focuses on the Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden) which have a relatively good record of undertaking fiscal and structural reforms after their own financial and debt crises in the 1980s and 1990s. The Nordic countries are small and open economies, well-known for their high income levels, high employment rates, organized labour markets, a relatively equal distribution of incomes, and large public sectors. From this perspective, the book asks whether there are lessons that might be learned from the Nordic economies. Is there a distinctive Nordic model that could be usefully followed, by other small open economies, in terms of fiscal and monetary policy design, labour market policies and reforms, and financial and housing market regulation? It is inappropriate to define the Nordic model in terms of a common set of policies. Since the key characteristics, including the overarching objectives and supporting institutions, have strong historical foundations, copying and pasting them to other countries is not easily done. Even though the Nordic experiences are not directly transferable, they may add new knowledge about the importance of institutional design, fiscal consolidation, and structural reforms not only for macroeconomic performance but also for how to preserve key objectives such as social balance and equity.
Publisher: Oxford University Press, USA
ISBN: 0198717105
Category : Business & Economics
Languages : en
Pages : 385
Book Description
The outbreak of the financial crisis in 2008 has had significant effects on economic activity, unemployment, and public finances for all European countries. However, European economies do not form a homogenous region, and any serious analysis of macroeconomic imbalances in Europe must account for the fact that different economic and political models and circumstances operate across the continent. This book focuses on the Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden) which have a relatively good record of undertaking fiscal and structural reforms after their own financial and debt crises in the 1980s and 1990s. The Nordic countries are small and open economies, well-known for their high income levels, high employment rates, organized labour markets, a relatively equal distribution of incomes, and large public sectors. From this perspective, the book asks whether there are lessons that might be learned from the Nordic economies. Is there a distinctive Nordic model that could be usefully followed, by other small open economies, in terms of fiscal and monetary policy design, labour market policies and reforms, and financial and housing market regulation? It is inappropriate to define the Nordic model in terms of a common set of policies. Since the key characteristics, including the overarching objectives and supporting institutions, have strong historical foundations, copying and pasting them to other countries is not easily done. Even though the Nordic experiences are not directly transferable, they may add new knowledge about the importance of institutional design, fiscal consolidation, and structural reforms not only for macroeconomic performance but also for how to preserve key objectives such as social balance and equity.
Finland's Exchange Rate Regime and European Integration
Author: Markku Kotilainen
Publisher:
ISBN:
Category :
Languages : en
Pages : 60
Book Description
Tiivistelmä.
Publisher:
ISBN:
Category :
Languages : en
Pages : 60
Book Description
Tiivistelmä.
Growth Policies in a Nordic Perspective
Author:
Publisher: Etla
ISBN:
Category : Business & Economics
Languages : en
Pages : 384
Book Description
Publisher: Etla
ISBN:
Category : Business & Economics
Languages : en
Pages : 384
Book Description