01072cam0 2200289 450 E60020005570120200706133909.020091104d1981 |||||ita|0103 baitaITLezioni sulla filosofia della storiaG.W.F.Hegeltrad. Guido Calogero e Corrado FattaFirenzeLa Nuova Italia1981XV,29220 cmStrumentiRistampe anastatiche63/1001LAEC000189362001 *Strumenti. Ristampe anastatiche63/1Hegel, Georg Wilhelm FriedrichAF00005281070289533Calogero, GuidoAF00013683070Fatta, CorradoA600200042748070ITUNISOB20200706RICAUNISOBUNISOB10076794E600200055701M 102 Monografia moderna SBNM100008795Si76794acquistopregresso2UNISOBUNISOB20091104093942.020200706133854.0AlfanoVorlesungen über die philosophie der geschichte691431UNISOB04059nam 2200745 a 450 991097139170332120240506193733.09786612584688978128258468612825846859780226194578022619457410.7208/9780226194578(CKB)2670000000019423(EBL)534561(OCoLC)635292134(SSID)ssj0000424739(PQKBManifestationID)11284608(PQKBTitleCode)TC0000424739(PQKBWorkID)10474719(PQKB)11011660(StDuBDS)EDZ0000115718(MiAaPQ)EBC534561(DE-B1597)524761(OCoLC)1135586866(DE-B1597)9780226194578(Au-PeEL)EBL534561(CaPaEBR)ebr10389562(CaONFJC)MIL258468(Perlego)1852229(EXLCZ)99267000000001942320040706d2005 uy 0engurcn|||||||||txtccrOther people's money debt denomination and financial instability in emerging market economies /edited by Barry Eichengreen and Ricardo Hausmann1st ed.Chicago University of Chicago Press20051 online resource (306 p.)Description based upon print version of record.9780226194554 0226194558 Includes bibliographical references and index.The pain of original sin -- Must original sin cause macroeconomic damnation? -- A fiscal perspective on currency crises and "original sin" -- Original sin, balance-sheet crises, and the roles of international lending -- How original sin was overcome : the evolution of external debt denominated in domestic currencies in the United States and the British dominions, 1800-2000 -- Old sins : exchange clauses and European foreign lending in the nineteenth century -- Why do emerging economies borrow in foreign currency? -- Why do countries borrow the way they borrow? -- The mystery of original sin -- Original sin : the road to redemption.Recent crises in emerging markets have been heavily driven by balance-sheet or net-worth effects. Episodes in countries as far-flung as Indonesia and Argentina have shown that exchange rate adjustments that would normally help to restore balance can be destabilizing, even catastrophic, for countries whose debts are denominated in foreign currencies. Many economists instinctually assume that developing countries allow their foreign debts to be denominated in dollars, yen, or euros because they simply don't know better. Presenting evidence that even emerging markets with strong policies and institutions experience this problem, Other People's Money recognizes that the situation must be attributed to more than ignorance. Instead, the contributors suggest that the problem is linked to the operation of international financial markets, which prevent countries from borrowing in their own currencies. A comprehensive analysis of the sources of this problem and its consequences, Other People's Money takes the study one step further, proposing a solution that would involve having the World Bank and regional development banks themselves borrow and lend in emerging market currencies.Capital movementsDeveloping countriesDebts, ExternalDeveloping countriesFinanceDeveloping countriesMonetary policyDeveloping countriesCapital movementsDebts, ExternalFinanceMonetary policy332/.042/091724Eichengreen Barry J318418Hausmann Ricardo754053MiAaPQMiAaPQMiAaPQBOOK9910971391703321Other people's money4357871UNINA