1.

Record Nr.

UNINA990009411040403321

Titolo

Aphra Behn in/and our time : proceedings of the Aphra Behn europe symposium, Naples, 7-9 july 2005 / [a cura di] Annamaria Lamarra, Bernard Dhuicq

Pubbl/distr/stampa

Paris : Les éditions d'en face, 2008

ISBN

978-2-35246-014-5

Descrizione fisica

XI, 154 p. ; 24 cm

Disciplina

823.4

Locazione

FLFBC

Collocazione

823.4 BEHN/S 1

823.4 BEHN/S 1BIS

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia



2.

Record Nr.

UNINA9910786483103321

Autore

Mody Ashoka

Titolo

Paths to Eurobonds / / Ashoka Mody, Stijn Claessens, Shahin Vallée

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2012

ISBN

1-4755-6744-8

1-4755-8777-5

Descrizione fisica

1 online resource (40 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/12/172

Altri autori (Persone)

ClaessensStijn

ValléeShahin

Soggetti

Euro-bond market

International finance

Finance: General

Investments: Bonds

Macroeconomics

Public Finance

Monetary Systems

Standards

Regimes

Government and the Monetary System

Payment Systems

Financial Markets and the Macroeconomy

Policy Objectives

Policy Designs and Consistency

Policy Coordination

International Monetary Arrangements and Institutions

Financial Aspects of Economic Integration

Debt

Debt Management

Sovereign Debt

Intergovernmental Relations

Federalism

Secession

General Financial Markets: General (includes Measurement and Data)

Fiscal Policy

Portfolio Choice

Investment Decisions

Public finance & taxation



Investment & securities

Finance

Bonds

Government asset and liability management

Public debt

Fiscal union

Liquidity

Financial institutions

Public financial management (PFM)

Fiscal policy

Asset and liability management

Finance, Public

Debts, Public

Economics

Germany

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"July 2012."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Contents; I. Introduction; II. Objectives and Motivations; Table; 1. Objectives of Common Debt Issuance; III. Summary of the Proposals Reviewed; IV. Assessment of the Proposals; A. Countries' Incentives; 2. Country Incentives; B. Creditors; 3. Creditors; C. Coverage and Phase-in; 4. Coverage, Phase-in and Transition; D. Legal and Institutional Challenges; V. Possible Paths; Figure; 1. From Eurobills and Project Bonds to Eurobonds; 2. From Redemption Fund to Eurobonds; VI. Conclusions; Annex; 1. Details on Proposals; 2. Monetary Policy, Financial Markets Functioning; Annex Table

1. Monetary Policy and Financial MarketsReferences

Sommario/riassunto

This paper discusses proposals for common euro area sovereign securities. Such instruments can potentially serve two functions: in the short-term, stabilize financial markets and banks and, in the medium-term, help improve the euro area economic governance framework through enhanced fiscal discipline and risk-sharing. Many questions remain on whether financial instruments can ever accomplish such goals without bold institutional and political decisions, and, whether, in the absence of such decisions, they can create new distortions. The proposals discussed are also not necessarily competing substitutes; rather, they can be complements to be sequenced along alternative paths that possibly culminate in a fully-fledged Eurobond. The specific path chosen by policymakers should allow for learning and secure the necessary evolution of institutional infrastructures and political safeguards.