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Journal Articles
Current History (2022) 121 (831): 24–29.
Published: 01 January 2022
... that digital currencies will be part of that future. But cryptocurrencies like Bitcoin are too volatile to possess the essential attributes of money. Stablecoins have fragile currency pegs that diminish their utility in transactions. And central bank digital currencies are a solution in search of a problem...
Journal Articles
Current History (2019) 118 (804): 3–10.
Published: 01 January 2019
... Council international finance banking insurance shipping trade humanitarian 3In 1919, trying to persuade the United States to join the League of Nations, President Wood-row Wilson touted the boycott the League s primary tool of enforcement as a powerful yet bloodless means of stopping war...
Journal Articles
Current History (2017) 116 (789): 154–156.
Published: 01 April 2017
... of California Anirudh Krishna India demonetization Narendra Modi corruption tax evasion banking informal economy currency PERSPECTIVE Indian Prime Minister Narendra Modi took to the airwaves on November 8, 2016, to an-nounce a plan that would destroy black money, a bane of the Indian...
Journal Articles
Current History (2016) 115 (777): 23–28.
Published: 01 January 2016
... rights reserved. 2020 The Regents of the University of California Jonathan Kirshner global financial crisis economic reform banking regulations Federal Reserve Wall Street Great Recession Depression China Europe laissez-faire Ben Bernanke Alan Greenspan Glass-Steagall Dodd...
Journal Articles
Current History (2013) 112 (757): 304–310.
Published: 01 November 2013
... reserved. 2013 The Regents of the University of California Kathryn Lavelle capitalism socialism banking financial crisis bailouts United States Europe regulation international law 304 [F]or the democratic political and capitalist economic systems to survive, a gov- ernment s response...
Journal Articles
Current History (2012) 111 (743): 83–87.
Published: 01 March 2012
...Daniel Gros A few nations' public debt problems have become a systemic, area-wide financial crisis because of the fragility of the European banking system. 83 To understand why the euro crisis has gone from bad to worse, one needs to under-stand the inconsistencies in the setup of the Economic...