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2018•Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)Open access

What Caused the Asian Currency

Chris Kirrane

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Abstract

This particular paper attempts to answer a few questions: Does global finance in general and state and international monetary as well as financial institutions cause financial as well as economic instability for nations around the world? Is it possible to prevent the advantages of increased access to international funds markets from being reduced and even reversed by global and national monetary and financial crises. Are existing national currencies outdated?

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What this paper is about

This particular paper attempts to answer a few questions: Does global finance in general and state and international monetary as well as financial institutions cause financial as well as economic instability for nations around the world? Is it possible to prevent the advantages of increased access to international funds markets from being reduced and even reversed by global and national monetary and financial crises. Are existing national currencies outdated?

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Available abstract

This particular paper attempts to answer a few questions: Does global finance in general and state and international monetary as well as financial institutions cause financial as well as economic instability for nations around the world? Is it possible to prevent the advantages of increased access to international funds markets from being reduced and even reversed by global and national monetary and financial crises. Are existing national currencies outdated?

Key concepts: Currency, International finance, Financial market, Economics, Monetary hegemony, Monetary policy, Financial system, Financial stability

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