Out of the Box Thoughts about the International Financial Architecture / / Barry Eichengreen

• Record Nr.: UNINA9910970778803321
• Autore: Eichengreen Barry
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2009
• ISBN: 9786612843310; 9781462385034; 1462385036; 9781452787404; 1452787409; 9781282843318; 1282843311; 9781451872637; 1451872631
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (28 p.)
• Collana: IMF Working Papers
• Disciplina: 332.1/52
• Soggetti: International finance; Global Financial Crisis, 2008-2009; Actuarial Studies; Banking; Banks and Banking; Banks and banking; Banks; Business and Financial; Currencies; Depository Institutions; Finance; Finance: General; Financial regulation and supervision; Financial risk management; Financial services industry; Financial services law & regulation; General Financial Markets: Government Policy and Regulation; Government and the Monetary System; Insurance & actuarial studies; Insurance Companies; Insurance; Law and legislation; Micro Finance Institutions; Monetary economics; Monetary Systems; Money and Monetary Policy; Money; Mortgages; Payment Systems; Regimes; Standards; Systemic risk; United States
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Contents; I. Introduction; II. Eight Out Of The Box Ideas; A. Countercyclical IMF Capital Charges; B. A Price-Based Scarce Currency Clause; C. Convertible SDRs; D. Global Glass-Steagall; E. A Global Systemic Risk Facility; F. A Multilateral Insolvency Trust for International Banks; G. A World Financial Organization; H. IMF Governance; III. Conclusion
• Sommario/riassunto: The Global Credit Crisis of 2008-09 has underscored the urgency of reforming the international financial architecture. While a number of short-term reforms are already in train, this paper contemplates more ambitious reforms of the international financial architecture that might be implemented over the next ten years. It proposes routinizing the expansion of IMF quotas and the conduct of exchange rate surveillance. It contemplates an expanded role for the SDR in international transactions, which would require someone-like the IMF-to act as market maker. It considers proposals for reimposing Glass-Steagall-like restrictions on commercial and investment banking, something that will have to be coordinated internationally to be feasible. Other proposals would require banks to purchase capital insurance; here the question is who would be on the other side of the market. Again there is likely to be a role for the IMF. Then there are arguments for a new agency or institution to deal with cross-border bank insolvencies. Any such entity will require staff support, which might plausibly come from the Fund. Finally, some insist that international colleges of regulators are not enough-that it is desirable to create a World Financial Organization (WFO) with the power to sanction members whose national regulatory policies are not up to international standards. A WFO will similarly need staff support, of which the IMF would be one possible source. All this of course presupposes meaningful IMF governance reform so that the institution has the legitimacy and efficiency to assume these additional responsibilities. The paper therefore concludes with some conventional and unconventional proposals for IMF governance reform.

Aircraft Dynamics and Automatic Control

• Record Nr.: UNINA9911006521103321
• Autore: McRuer Duane T
• Pubbl/distr/stampa: [Place of publication not identified], : Princeton University Press, 2014
• ISBN: 1-68015-898-8
• Descrizione fisica: 1 online resource (xxv, 784 pages) : illustrations
• Disciplina: 629.134/33
• Soggetti: Feedback control systems; Airplanes - Control systems
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Bibliographic Level Mode of Issuance: Monograph
• Nota di bibliografia: Includes bibliographical references and index.
• Sommario/riassunto: Aeronautical engineers concerned with the analysis of aircraft dynamics and the synthesis of aircraft flight control systems will find an indispensable tool in this analytical treatment of the subject. Approaching these two fields with the conviction that an understanding of either one can illuminate the other, the authors have summarized selected, interconnected techniques that facilitate a high level of insight into the essence of complex systems problems. These techniques are suitable for establishing nominal system designs, for forecasting off-nominal problems, and for diagnosing the root causes of problems that almost inevitably occur in the design process. A complete and self-contained work, the text discusses the early history of aircraft dynamics and control, mathematical models of linear system elements, feedback system analysis, vehicle equations of motion, longitudinal and lateral dynamics, and elementary longitudinal and lateral feedback control. The discussion concludes with such topics as the system design process, inputs and system performance assessment, and multi-loop flight control systems. Originally published in 1974. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton ; Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.