Tabla de Contenidos:
  • CENTRAL BANKING AND GLOBALIZATION
  • CENTRAL BANKING AND GLOBALIZATION
  • CONTENTS
  • PREFACE
  • ON THE ROLE OF MONEY-GROWTH TARGETING UNDER AN INFLATION-TARGETING REGIME
  • Abstract
  • 1. Introduction
  • 2. Why the Money May Be Useful and Important
  • 3. Monetary Targeting versus Inflation Targeting
  • 4. The Model
  • 5. The Dynamics of Inflation Expectations under Inflation-Targeting Regime with Feedback Money Growth Rule
  • Forward-Looking Expectations
  • Backward-Looking Expectations
  • 6. Zero-Interest-Rate Policy and Quantitative Easing Policy
  • 7. ConclusionAppendix: The Difference Equation under Forward-Looking Expectations
  • Acknowledgments
  • References
  • TRADE REMEDIES: A PRIMER*
  • Summary
  • Introduction
  • Overview
  • Congressional Interest
  • Action in 110th Congress
  • AD and CVD Laws and Investigations
  • U.S. Statutes and Eligibility Criteria
  • U.S. International Obligations
  • Outcome of AD and CVD Investigations
  • AD and CVD Investigations
  • Preliminary Determinations
  • Final Determinations
  • Critical Circumstances
  • Termination of Investigation and Suspension AgreementsAdministrative and Sunset Reviews
  • Recent U.S. AD/CVD Disputes in WTO
  • Antidumping Act of 1916
  • Continued Dumping and Subsidy Offset Act
  • Zeroing
  • AD/CVD Issues in the 110th Congress
  • Application of Countervailing Duties to Nonmarket Economy Countries
  • WTO Panel Participation and Oversight
  • Safeguard (Escape Clause) Measures
  • Statutory Authority
  • Section 201 Eligibility Criteria
  • U.S. International Obligations
  • NAFTA Provisions
  • Section 201 Safeguard Investigations
  • ITC Role Presidential Action
  • Midterm Review
  • Section 201 Outcomes
  • 2002 Steel Safeguard Action
  • Section 406 Relief
  • Surge Protection from Chinese Imports
  • Safeguard Legislation in the 110th Congress
  • Conclusion
  • References
  • TOWARDS NEW METRICS TO MEASURE SUSTAINED COMPETITIVENESS IN THE CARIBBEAN
  • Abstract
  • Introduction
  • Tourism Life Cycle, Competitiveness and Sub-Optimality
  • Defining Tourism Competitiveness
  • Addressing Issues Related to Sub-Optimality in the Consumption and Production of Tourism
  • Tourism in the CaribbeanMeasuring Sustained Competitiveness
  • Data Sources, Estimation and Empirical Results
  • Study Results and Implications
  • Conclusion
  • References
  • CENTRAL BANKING AND DEFLATIONARY DEPRESSION : A JAPANESE PERSPECTIVE
  • Abstract
  • 1. Introduction
  • 2. Too Late Too Small? Hypothesis of Japanese Monetary Policy :Empirical and Informal Theoretical Analyses
  • 3. A Formal Theoretical Interpretation by Means of a System of Dynamic Equations
  • Proposition
  • 4. Permissible versus Optimal Monetary Policies
  • Criterion