Playing Monopoly with the Devil

Name: Playing Monopoly with the Devil
Brand: Yale University Press
SKU: 9780300113303
Price: 261.57 PLN
Availability: InStock

Dollarization and Domestic Currencies in Developing Countries

Autor: Manuel Hinds

Język:

Oprawa: Twarda

Wydawca: Yale University Press

Dostępność: Dostępna u dostawcy

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261.57 zł

Why should a developing country surrender its power to create money by adopting an international cur...

Informacje o książce

Autor

Manuel Hinds

Język

Angielski

Oprawa

Książka - Twarda

Data wydania

2006

strony

304

EAN

9780300113303

ISBN

0300113307

Enbook ID

04573919

Wydawca

Yale University Press

Waga

567

Wymiary

156 x 235 x 22

Pełny opis

Why should a developing country surrender its power to create money by adopting an international currency as its own? This comprehensive book explores the currency problems that developing countries face and offers sound, practical advice for policymakers on how to deal with them. Manuel Hinds, who has extensive experience in real-world economic policy-making, challenges the myths that surround domestic currencies and shows the clear rationality for dollarization or the use of a standard international currency. The book opens with an entertaining story of the Devil who, through a series of common macroeconomic manoeuvres, coaches the President of a mythical country into financial ruin and purchases its entire assets for $1.50. The path this ruler took is one taken by several developing countries and has resulted in financial crises and political upheaval. Hinds goes on to introduce new ways of thinking about financial systems and monetary behavior in Third World countries. He provides an essential, incisive guide not only to making currency decisions but also to executing them successfully.

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Playing Monopoly with the Devil

Dollarization and Domestic Currencies in Developing Countries

Informacje o książce

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