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Most of us pursue multiple goals in different domains of life at the same time.Some of these goals can have facilitative associations with each other,either because of instrumental goal relations or b...
A longstanding problem in cryptography is the generation of publicly verifiable randomness. In particular, public verifiability allows to generate parameters for a cryptosystem in a way people can l...
The article offers information on the history of central bank (CB) dollar swap facilities, the changes in volume and breadth as the conditions for funding evolved, and economic researches that documen...
In this article, the author considers the United States' dollar policy and whether or not it is wise. The author believes that the U.S. practices what it believes to be a benign dollar policy because ...
Declining energy costs, the slower pace of recovery abroad, and developing nations' efforts to service heavy international debt loads were also important factors in price developments; a new all-commo...
Small prices rises for imports continued to help dampen domestic inflation during the first half, but exporters encountered some difficulties as the powerful dollar drove up the prices of their goods ...
After falling during the first three quarters of the year, import prices rose as the effects of the weakening dollar were finally felt; meanwhile, fierce competition and oversupply forced down U.S. ex...
The post-1985 decline in the dollar's value vis-a-vis the currencies of the Nation's major trading partners helped to make these important export goods more price competitive on world markets. This ar...
Every Thursday afternoon investors, reporters, and financial commentators anxiously await the latest figure on the nation’s money supply. About every six weeks speculation mounts as the Open Market ...
Panama’s monetary system has the following characteristics: (1) The U. S. dollar is the medium of exchange, while the balboa, the national currency, is a unit of account and exists only as silver co...
A strong dollar policy is the yeti of economics. Despite occasional sightings, most recently by the National Association of Manufacturers, the American Farm Bureau, and the AFL-CIO, scientific evide...
Milton Friedman’s classic “The Case for Flexible Exchange Rates” was published in 1953, but its inception dates back to 1950 when the author was a consultant to the U.S. Economic Cooperation Adminis...
Development in the rest of the world depends on the United States because America continues to be the engine of the world economy and the U.S. dollar is the main reserve currency. In this article, I...
The exchange rate policies of the member countries of the International Monetary Fund could come under more intrusive scrutiny because of the June 15, 2007, decision of the IMF Executive Board on b...
This article outlines our thoughts on the following three issues. First, will the renminbi become an international currency in the foreseeable future? Second, what does the international use of the ...

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