| Srl | Item |
| 1 |
ID:
114699
|
|
|
|
|
| Publication |
2012.
|
| Summary/Abstract |
Two decades ago, when the European currency system was last on the brink of collapse, the ultimate question was how much Germany, the continent's economic powerhouse, would do to save it. The peripheral economies were hurting, weighed down by a monetary policy that was appropriate for Germany but too austere for weaker European countries. Germany's central bank, the Bundesbank, had to make a choice. It could continue to set high interest rates, thus upholding its commitment to stable prices. Or it could cut rates and accept modest inflation -- and so save the rest of Europe from a prolonged recession.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2 |
ID:
108957
|
|
|
| 3 |
ID:
077029
|
|
|
|
|
| Publication |
2007.
|
| Summary/Abstract |
The massive growth of hedge funds has sparked warnings of instability and demands that the industry be regulated. But the fear of hedge funds is overblown, based on a misunderstanding of their role in the international financial system. In reality, hedge funds do not increase risk; they manage it -- and policymakers, rather than clamping down, should make sure hedge funds have the tools to perform this function well
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
ID:
053416
|
|
|
|
|
| Publication |
Sep-Oct 2004.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|