…production. (In Steve World, all financial assets embody money, and the money stock is the total value of financial assets — including dollar bills, deeds, or other formal financial claims…

…out that financial liberalization by China would allow more asset diversification, it also acknowledges that world financial markets would become vulnerable to a shock in China’s financial system. Martin Wolf…

…Because the Chinese financial system is so severely repressed, money growth in China cannot be compared to money growth in a market-based financial system. Monetary growth is effectively bifurcated and…

Quick take on how things are shaking out in House Leadership including Committees: Paul Ryan: from Budget to Ways and Means Tom Price: to Budget Jeb Hensarling: to Financial Services…

…Financial Stability Report also points out that: “An unintended consequence of…stronger financial links between advanced and emerging market economies is the increased synchronization of asset price movements and volatility.” One…

…rates were well above zero. It isn’t now. How about the corporate balance sheets ? Here is a graph of total liabilities o and financial assets of non financial corporations…

…position due to the sheer size of the U.S. economy. The influence of the U.S. in financial flows extends far outside national borders. A study by Robert N.McCauley, Patrick McGuire…

by Joseph Joyce The Shifting Consensus on Capital Controls: Gallagher’s “Ruling Capital” Among the many consequences of the global financial crisis of 2007-09 was a shift in the IMF’s stance…

…corporate debt of nonfinancial firms in many emerging market economies, particularly bonds denominated in dollars, grew rapidly during this period. The IMF in its latest Global Financial Stability Report has…

…of an international currency, including its use for foreign exchange trading and financial investments. The RMB is not widely used for financial transactions, in part due to barriers to the…