A Review of Peter Isard's Globalization and the International Financial System: What's Wrong and What Can Be Done?

2006 ◽  
Vol 44 (2) ◽  
pp. 415-419
Author(s):  
Barry Eichengreen
Keyword(s):  
Capital Flows ◽  
Financial System ◽  
Recent Book ◽  
Ongoing Debate ◽  
Cambridge University ◽  
The Past ◽  
International Financial System ◽  
History Of ◽  
The International Monetary Fund ◽  
Financial Environment

Peter Isard's recent book (Globalization and the International Financial System: What's Wrong and What Can be Done?, Cambridge University Press, 2005) provides a thoughtful and balanced review of the scholarly literature on the past operation and potential reform of the international monetary and financial system. The author's approach, from which much can be learned, is to draw lessons from the history of exchange rates and capital flows and, especially, from the financial crises of the 1990s. But this retrospective focus is also revealing of what is new and different about our current international monetary and financial environment and in the ongoing debate surrounding the future of its steward, the International Monetary Fund.

From IMF Poster Child to Wayward Student

2019 ◽  
pp. 185-193
Author(s):  
Jerome Roos
Keyword(s):  
United States ◽  
International Monetary Fund ◽  
Financial System ◽  
The United States ◽  
Fiscal Discipline ◽  
Enforcement Mechanism ◽  
International Financial System ◽  
The International Monetary Fund ◽  
The Imf

This chapter considers why the International Monetary Fund (IMF) did it not prevent Argentina's record default of 2001. It suggests that the IMF was both unable and unwilling to stop it. While the second enforcement mechanism of conditional IMF lending was initially fully operative, helping to enforce Argentina's compliance in the first years of the crisis, the outcome of the megaswap greatly reduced the risk of an Argentine default to the international financial system. Combined with mounting domestic opposition in the United States to further international bailout loans, this greatly weakened the IMF's capacity to impose fiscal discipline on Argentina, eventually leading the Fund to pull the plug on its own bailout program, causing the second enforcement mechanism to break down altogether. The chapter recounts the process through which this breakdown occurred.

Ehrman, Bauckham and Bird on Memory and the Jesus Tradition

2017 ◽  
Vol 15 (1) ◽  
pp. 88-114 ◽  
Author(s):  
Alan Kirk
Keyword(s):  
Historical Jesus ◽  
Recent Book ◽  
Theory Analysis ◽  
Memory Research ◽  
Memory Theory ◽  
The Past ◽  
History Of ◽  
Christian Origins

The past twenty years have seen numerous studies applying memory research to problems in the history of the Jesus tradition and also in historical Jesus research, where it has become a point of controversy. Three recent book-length contributions to these debates are Bart Ehrman’s Jesus Before The Gospels (2016), the just-released second edition of Richard Bauckham’s 2006 volume, Jesus and the Eyewitnesses (2017), and Michael Bird’s The Gospel of the Lord (2014). Respectively these authors represent quite different appropriations of memory theory. Analysis of their contributions will clarify where, twenty years on, applications of memory theory in Gospels and Christian origins scholarship stand.

scholarly journals Instytucja pożyczkodawcy ostatniej instancji - na przykładzie Międzynarodowego Funduszu Walutowego

2016 ◽  
pp. 167-184
Author(s):  
Damian Frankiewicz
Keyword(s):  
Global Economy ◽  
Financial Institution ◽  
Financial System ◽  
Highly Qualified ◽  
Lender Of Last Resort ◽  
International Financial Institution ◽  
Global Capital ◽  
International Financial System ◽  
Recent Financial Crisis ◽  
The International Monetary Fund

A global lender of last resort is an institution that plays a significant role in an international financial system. It was clearly brought into the limelight by the recent financial crisis. The existence of this institution is strongly justified by the volume and volatility of global capital flows, the increasing financial and economic interlinkages between the countries, as well as the consequent possibility of the spill over effects. The article argues that the International Monetary Fund appears to be the only international financial institution capable of acting as a global lender of last resort and thus ensuring stability of the international financial system. The IMF has proven useful in providing liquidity support to countries struggling with financial dificulties in recent years. It is equipped with adequate financial resources, lending facilities tailored to address the specific circumstances of its members, highly qualified staff and the coordination capacities at the international level, which are indispensable to forestall the crisis in the global economy

scholarly journals Jay R. Mandle. Globalisation and the Poor. Cambridge: Cambridge University Press, 2003. x+157 pages. Paperback. £ 12.95.

2003 ◽  
Vol 42 (1) ◽  
pp. 81-82
Author(s):  
Mir Annice Mahmood
Keyword(s):  
Roman Empire ◽  
World War I ◽  
World Economy ◽  
Recent Attempt ◽  
World War ◽  
Cambridge University ◽  
The Past ◽  
History Of ◽  
Current Concerns ◽  
Distribution Of Income

The issue of globalisation of the world economy has taken centre-stage in discussions relating to the process of economic development and the distribution of income between the developed and developing countries. Although these are many current concerns, globalisation as such has occurred at different points in recorded human history of the past several thousand years. The Roman Empire, for instance, is quoted as one of the earlier examples of globalisation. More recently, the period leading up to World War I saw an increasingly integrated world economy under British Imperial rule. The most recent attempt at globalisation started in the late 1970s and continues to the present day.

scholarly journals Editorship and History Making: On Historicizing Modern Editions of Tiruniḻalmāla

2021 ◽  
Vol 23 (1) ◽  
pp. 1-33
Author(s):  
Cezary Galewicz
Keyword(s):  
Cultural Identity ◽  
Early Modern ◽  
General Consideration ◽  
Formation Processes ◽  
History Writing ◽  
Ongoing Debate ◽  
The Past ◽  
History Of ◽  
Regional History ◽  
The Rich

In the following essay I am going to comment briefly on the intersection between literary and performative genres that originated in early modern Kerala and to some extent continue till date. More specifically, on their relationship with the rich tradition of representing the past through producing works that follow recognizable patterns of composition and conventions of presentation. This more general consideration shall appear here as a backdrop to a study on contemporary editions of an early Malayalam work named Tiruniḻalmāla. The editions follow the relatively recent discovery of the work in question and its subsequent reinstatement in the history of Malayalam literature. I shall argue that the specific ways this reinstatement was presented by the editors, including a particular place they claimed for this work within the formation processes of Malayalam literature, constitute competing acts of general history writing concerned with the ongoing debate on how should the cultural identity and regional history of Kerala be best represented.

scholarly journals People Flows in Globalization

2006 ◽  
Vol 20 (2) ◽  
pp. 145-170 ◽  
Author(s):  
Richard B Freeman
Keyword(s):  
Capital Flows ◽  
Global Economy ◽  
Well Being ◽  
Financial Capital ◽  
Labor Standards ◽  
Policy Debate ◽  
International Mobility ◽  
Goods And Services ◽  
The Past ◽  
The International Monetary Fund

The policy debate over globalization in the past decade has largely bypassed the international mobility of labor. Restrict trade and cries of protectionism resound. Suggest linking labor standards to trade and it's protectionism in disguise. Limit capital flows and the International Monetary Fund is on your back. But restrict people flows? That's just an accepted exercise of national sovereignty! During the last few decades, when most countries reduced barriers to trade in goods and services and liberalized financial capital markets, most also sought to limit immigration. In this essay, I examine what we know about the causes and consequences of immigration. I argue that people flows are fundamental to creating a global economy and that the interplay among immigration, capital and trade is essential to understanding the way globalization affects economies. I consider ways to reduce barriers to immigration that could improve the well-being of workers around the world.

scholarly journals Understanding the Holocaust: The Past and Future of Holocaust Studies

2006 ◽  
Vol 15 (1) ◽  
pp. 117-129
Author(s):  
GREGORY WEEKS
Keyword(s):  
New York ◽  
Cambridge University ◽  
Holocaust Studies ◽  
Cornell University ◽  
The Past ◽  
Weimarer Republik ◽  
The Holocaust ◽  
History Of

Omer Bartov Germany's War and the Holocaust: Disputed Histories (Ithaca and London: Cornell University Press, 2003), 248 pp., (pb), ISBN 0801486815.Doris L. Bergen War and Genocide: A Concise History of the Holocaust (Lanham, MD, and Oxford: Rowman & Littlefield, 2003), 280 pp., $17.95 (pb), ISBN 0847696316.Inga Clendinnen Reading the Holocaust (Cambridge: Cambridge University Press, 2002), 238 pp., $15 (pb), ISBN 0521012694.Debórah Dwork ed., Voices & Views. A History of the Holocaust (New York: Jewish Foundation for the Righteous, 2002), 687 pp., $44.95 (pb), ISBN 0970060211.Cornelia Hecht Deutsche Juden und Antisemitismus in der Weimarer Republik (Bonn: Dietz 2003), 432 pp., €32.00 (hb), ISBN 3801241378.Dan Stone Constructing the Holocaust: A Study in Historiography (London and Portland, OR: Vallentine Mitchell Publishers, 2003), 308 pp., $49.50 (hb), ISBN 0853034907.Sue Vice Representing the Holocaust (London and Portland, OR: Vallentine Mitchell Publishers), 280 pp., £17.50 (pb), £42.50 (hb), ISBN 0853034966.

scholarly journals IMF, BIS, and World Bank: On the Intra-institutional Articulation of the International Financial System

2018 ◽  
Vol 04 (S1) ◽  
pp. 48
Author(s):  
Maria de Fatima Silva do Carmo Previdelli ◽  
Luiz Eduardo Simões de Souza ◽  
◽  
Keyword(s):  
World Bank ◽  
International Monetary Fund ◽  
Banking System ◽  
Financial System ◽  
Shadow Banking ◽  
The Third ◽  
International Financial System ◽  
Regulation And Supervision ◽  
Shadow Banking System ◽  
The International Monetary Fund

The international financial system could be organized into three groups. According to this classification, the first group includes the organizations that exercise the functions of regulation and supervision. In the second, we have those that are regulated and supervised by the former, and in the third, we find the organizations that do not follow such rules or supervision, forming the so-called shadow banking system. This article seeks to examine the first group, and, more specifically, how the International Monetary Fund articulates with the primary elements of such a group.

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