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64. 21176 Do Central Banks Serve Any Useful Purpose

This paper compares the central bank system to the free banking system and notes the functions served by the central bank today, noting how world central banks serve to develop and administer monetary policies for different countries, and these institutions are used to educate consumers and investors concerning the difficult aspects of money management and investing a well as other financial issues.
  • Pages: 12
  • Bibliography: 12 source(s) listed
  • Filename: 21176
  • Price: US$107.40

65. 21195 Monetary Policy Inertia

This paper examines and responds to an article by Michael Woodford entitled "Optimal Monetary Policy Inertia," suggesting that there is an observed tendency of central banks to adjust interest rates only gradually in response to changes in economic conditions, such as the Federal Reserve does on a periodic basis in order to reduce the likelihood of inflation.
  • Pages: 10
  • Bibliography: 1 source(s) listed
  • Filename: 21195
  • Price: US$89.50

66. 21395 China's Deviation from the Marxist Model

This paper briefly explores the roots of the Chinese deviation from the Marxist model of Communism. The extraordinary emergence of China as a world economic power has been recognized as an ironic counterpoint to the failure that Russia and the former Soviet Union has encountered in its sudden conversion to free market economic systems. The paper explores what makes China difference and the causes of its divergence.
  • Pages: 3
  • Bibliography: 3 source(s) listed
  • Filename: 21395
  • Price: US$26.85

67. 21415 Monetary and Fiscal Policy

This paper responds to a Macroeconomic scenario in which the economy faces a recessionary gap, asking what policies to pursue to reduce that gap and what some of the consequences might be for other economic elements, with a recessionary gap being associated with a business-cycle contraction and being one of two alternative output gaps that can occur when short-run production differs from full employment, the other being an inflationary gap.
  • Pages: 3
  • Bibliography: 0 source(s) listed
  • Filename: 21415
  • Price: US$26.85

68. 21713 A Social and Economic Analysis of Post World War II Japan

This paper will seek to understand that nature of economic and social policy implemented by Japan after World War II. By understanding how the Japanese created a massive industrial complex during the 60's and 70's, we can see how they retained traditional social values regardless of their great advancements toward a more modern Japan in world markets.
  • Pages: 5
  • Bibliography: 2 source(s) listed
  • Filename: 21713
  • Price: US$44.75

69. 21743 A Plan for Ending Macroeconomic Deterioration in India

Catriona Purfield (2004) argues that decentralization has caused a dilemma in India which is related to several factors, including transfer dependence, soft budget constraints, contagion, and other state-specific problems. Based on a panel on the years 1985-2000, Purfield argues that decentralization in India has caused a ?dramatic deterioration? in the fiscal welfare of the states and the macroeconomics of India as a whole. The problem, she writes, is that the centralized government keeps bailing out the individual states, causing a ?common pool problem? and a ?moral hazard? (Purfield, 2004, p. 1). She argues for a return to a more centralized government with hard constraints on bailouts to aid the Indian economy.
  • Pages: 3
  • Bibliography: 3 source(s) listed
  • Filename: 21743
  • Price: US$26.85

70. 21853 Bankruptcy

This paper considers the effect of possible passage of the Bankruptcy Reform Act or similar legislation on the public, assuming that the law would be passed in a form simialr to that it currently has and that it would iron out some of the problems keeping it from becoming law before this, such as inequities in is application, or political concerns about related issues.
  • Pages: 8
  • Bibliography: 5 source(s) listed
  • Filename: 21853
  • Price: US$71.60

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