Avropa Vahid Valyuta Sistemi (Common Currency and European Common Monetary System)

2005 ◽  
Author(s):  
Elchin Suleymanov ◽  
Osman Nuri Aras
Keyword(s):  
Common Currency ◽  
Monetary System

ENHANCING ECONOMIC INTEGRATION IN SOUTH ASIA: ISSUES AND PROSPECTS FOR CLOSER MONETARY COOPERATION

2010 ◽  
Vol 55 (01) ◽  
pp. 185-206 ◽  
Author(s):  
SISIRA JAYASURIYA ◽  
NEPHIL MATANGI MASKAY
Keyword(s):  
Economic Integration ◽  
Regional Integration ◽  
Regional Scale ◽  
Factor Mobility ◽  
Common Currency ◽  
Bilateral Agreements ◽  
Monetary Cooperation ◽  
Monetary System ◽  
Political Conditions ◽  
Trade And Investment

Though SAARC has the stated goal of an economic union and a common currency, after a quarter of a century, these remain distant goals as political tensions between India and Pakistan have hindered any real progress on a regional scale. Barriers to trade and factor mobility are high in the region as a whole, though considerable liberalisation has been achieved through various bilateral agreements involving India and some of its neighbours. The conventional economic conditions for a common currency are also currently absent as patterns of shocks are non-synchronised, trade links are weak and factor mobility much constrained. Deeper intraregional economic integration requires much more comprehensive trade and investment liberalisation among member nations. While the political conditions for a single currency are unlikely to emerge in the foreseeable future, steps towards closer monetary cooperation through a South Asian Monetary System — building on the existing SAARCFINANCE network — may provide an institutional framework for enhancing regional integration. However, such cooperation will have to be conceived as a component of a sustainable transitional strategy which commits to a serious programme of deeper trade liberalisation to facilitate greater integration with the rest of the world, and most importantly, with East Asia.

State “Currencies” and the Transition to the U.S. Dollar: Clarifying Some Confusions

2005 ◽  
Vol 95 (3) ◽  
pp. 682-703 ◽  
Author(s):  
Ronald W Michener ◽  
Robert E Wright
Keyword(s):  
Common Currency ◽  
Paper Money ◽  
Currency Area ◽  
Monetary System ◽  
The Common ◽  
The U.S

Farley W. Grubb's recent papers on the early U.S. monetary system would be important contributions to the common currency area literature were not most of their historical assertions questionable and their key assumption—that the medium of exchange can be inferred from the unit of account—dubious. We contend that after 1781 most Americans eschewed government paper money in favor of fullbodied coins and convertible bank liabilities and that, contrary to Grubb's claim, bankers did not foist the constitutional clause banning state emissions onto an unsuspecting public.

MICRO-MONEY AND REAL ECONOMIC RELATIONSHIP IN THE 100 PERCENT RESERVE REQUIREMENT MONETARY SYSTEM

2014 ◽  
Vol 01 ◽  
pp. 23-36
Author(s):  
Masudul Alam Choudhury ◽  
Keyword(s):  
Reserve Requirement ◽  
Monetary System ◽  
Economic Relationship

Toward a New International Monetary System

1968 ◽  
Vol 24 (5) ◽  
pp. 73-76
Author(s):  
Ernest W. Luther
Keyword(s):  
International Monetary System ◽  
Monetary System

Problems and prospects for the Russian banking supervision development in modern conditions

2020 ◽  
Vol 26 (6) ◽  
pp. 1283-1296
Author(s):  
K.A. Omarieva ◽  
P.G. Isaeva
Keyword(s):  
Banking System ◽  
Main Role ◽  
Banking Supervision ◽  
Monetary System ◽  
The Russian Federation ◽  
Document Flow ◽  
Development Methods ◽  
Further Development ◽  
Development Prospects

Subject. The article addresses problems and prospects for the banking supervision development in the Russian Federation under modern conditions. Objectives. We review the essence and methods of organization of the banking supervision, and identify the main problems and prospects for its development. Methods. To provide valid, reliable and reasoned recommendations, we apply normative and integrated approaches to the study of the banking supervision effectiveness in the current circumstances. Results. The paper investigates main problems and development prospects for the Russian banking supervision. The essential importance of supervision comes from the main role of the banking system in maintaining accounts of economic entities and making settlements. Even minor failures or delays in operations can lead to negative outcomes and disastrous consequences for the entire monetary system and the national economy. Therefore, we highlight issues that require attention, and make proposals for further development of the banking supervision. Conclusions. In the context of dynamically developing economy, the banking practice is becoming more complex. As a result, there is a need for new financial instruments that can reduce risks, increase the speed and efficiency of operations and document flow, and help achieve the world levels of introduced standards.

CRYPTOCURRENCY PHENOMENON IN THE INTERNATIONAL MONETARY SYSTEM

2017 ◽  
pp. 95-100
Author(s):  
Артур Анатолійович Василенко
Keyword(s):  
World Economy ◽  
International Monetary System ◽  
State University ◽  
Electronic Money ◽  
Monetary System ◽  
Current Trends ◽  
The World ◽  
Post Graduate Student ◽  
The One ◽  
Xix Century

UDC 336.74   Vasylenko Artur, post-graduate student. Mariupol State University. Cryptocurrency Phenomenon in the International Monetary System. The main prerequisites of cryptocurrency emergence in the international monetary system in terms of regionalization of the world economy are defined in the article. Determination of «cryptocurrency» category was analysed from the point of two main approaches to its treatment: on the one hand cryptocurrency is admitted to be the currency equally to the sovereign currency, and on the other hand it is considered as an unrecognized virtual asset. The main consequences which arise in case of widespread use of crypto currency for the country and for the parties that agreed to use cryptocurrency were analysed and systematized. On the basis of the research, given the current trends in the world economy, the author put forward and substantiated the hypothesis to classify the phenomenon of cryptocurrency as the effects of a famous philosophical «Negation of negation law» formulated by G. Hegel at the beginning of the XIX century.   Keywords: cryptocurrency, material money, electronic money, digital currency, regional currency integration, blockchain, mining, capitalization, «Negation of negation law».

On the monetary system of Russia

2018 ◽  
pp. 125-127
Author(s):  
A.U. Ogoev ◽  
B.M. Sabanti
Keyword(s):  
Monetary System

Wilfred Ethier. Modern International Economics. New York: W. W. Norton and Company. 1983. xviii + 588 pp.

1988 ◽  
Vol 27 (1) ◽  
pp. 81-83
Author(s):  
Nadeem A. Burney
Keyword(s):  
International Economic ◽  
New York ◽  
Economic Theory ◽  
International Economics ◽  
International Monetary System ◽  
International Markets ◽  
The Past ◽  
Monetary System ◽  
Recent Developments

Its been long recognized that various economies of the world are interlinked through international trade. The experience of the past several years, however, has demonstrated that this economic interdependence is far greater than was previously realized. In this context, the importance of international economic theory as an area distinct from general economics hardly needs any mentioning. What gives international economic theory this distinction is international markets for some goods and effects of national sovereignty on the character of economic activity. Wilfred Ethier's book, which incorporates recent developments in the field, is an excellent addition to textbooks on international economics for one- or twosemester undergraduate courses. The book mostly covers standard topics. A distinguishing feature of this book is its detailed analysis of the flexible exchange rates and a discussion of the various approaches used for their determination. Within each chapter, the author has extensively used facts, figures and major events to clarify the concepts in the light of the theoretical framework. The book also discusses, in a fair amount of detail, the existing international monetary system and the role of various international organizations.

THE MODERN INTERNATIONAL MONETARY SYSTEM: THE POSSIBILITY OF USING CRYPTOCURRENCIES AS ALTERNATIVE MONETARY CALCULATIONS

2019 ◽  
Vol 9 (12) ◽  
pp. 1868-1877
Author(s):  
Lilia Abdrakhmanova ◽  
◽  
Amir Abdrakhmanov ◽  
Elena Shchigortsova ◽  
◽  
...  
Keyword(s):  
International Monetary System ◽  
Monetary System
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