While the demise of the dollar has been predicted in the past, expectations of a fundamental
change in the international role of the dollar are increasingly widespread, and eminently …

Can the euro challenge the supremacy of the US dollar as a global currency? From the time
Europe's joint money was born, many have predicted that it would soon achieve parity with …

Abstract The European Central Bank's relationship to the national governments of the
monetary union was modeled as a contest between fiscal and monetary dominance early in …

The present crisis of the Euro is a near perfect example of how causal complexity,
unanticipated consequences, and decisional uncertainty can have a significant and …

How will enlargement of the European Union (EU) affect prospects for the euro as an
international currency? Will the eventual addition of ten or more new members to the …

The past decade has seen many leading economies, especially the US, undergo profound
structural transformations. Departing from the standard theories employed to explain this …

Der Band setzt sich kritisch mit dem Konzept der Global Governance auseinander.
Ausgehend von dem Problem einer scheinbar unkontrollierten Globalisierung gehen die …

Abstract The People's Republic of China (PRC) lacks the macroeconomic conditions to
internationalise its currency, the renminbi (RMB). Despite tight controls on capital markets in …

Introduction 2006 was characterized by increased economic growth for the Member States
of the euro area in a world economy that continued to show strong growth, with an overall …

Summary The European Central Bank (ECB) has been in existence for almost 20 years and
more if one considers its immediate predecessor the European Monetary Institute (1994 …