Before the onset of the global financial crisis in late 2008, countries in Eastern Europe and Central Asia (ECA) experienced strong economic growth. Demand for electricity increased steadily with gross domestic product (GDP). GDP grew, on average, 6.5 percent between 2000 and 20…
This dissertation traces the commodification of money in the U.S. after World War II. In 1945, all money was issued either directly by the government or, under conditions determined by the government, by commercial banks. Today, forms of money that are issued by private firms wi…
This dissertation investigates different but related aspects of the impact of global financial liberalization on macroeconomic changes and policy formation in a developing country. By using recent time-series econometric techniques for the Turkish case, three essays in this diss…
This study is to explain why Taiwan’s elites delegate the independent authority of financial and monetary management to central bankers which resulted in survival of the Asian crisis, while Korean political leadership did not do so and the economy faltered in the crisis? My argu…
Through the application of econometric techniques that can deal with changes in regimes, this thesis attempts to improve our understanding of the monetary transmission mechanism in Malaysia, a developing economy that has undergone tremendous shifts in its economic and financial …
Demystifying Global Macroeconomics (DGM) provides readers with a practical, working use of international macroeconomics. For serious business and political leaders, understanding the global interconnections in economic and financial markets is crucial for making informed and wel…
Demystifying Global Macroeconomics (DGM) provides readers with a practical, working use of international macroeconomics. For serious business and political leaders, understanding the global interconnections in economic and financial markets is crucial for making informed and wel…