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Productivity Growth and the Competitiveness of the American Economy
Stanley W. . Ed(S): Black
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Description for Productivity Growth and the Competitiveness of the American Economy
Paperback. Editor(s): Black, Stanley W. Series: Studies in Productivity Analysis. Num Pages: 158 pages, biography. BIC Classification: JPQB; KCC; KCM; KCP. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 9. Weight in Grams: 278.
swollen with deutschemarks and yen newly created to purchase unwanted dollars from the markets. When the Bundesbank and the Bank of Japan began to raise their interest rates to slow domestic monetary expansion, the fabric of international monetary cooperation began to unravel. Amid charge and counter-charge by disgruntled fmance ministers, the dollar dropped further and interest rates jumped upward, leading to panic in the stock market on Black Monday. Fortunately, a steady hand and generous supply of credit from the Federal Reserve System prevented massive bankruptcies among Wall Street brokerage houses and a collapse of the credit system. But the ... Read more
swollen with deutschemarks and yen newly created to purchase unwanted dollars from the markets. When the Bundesbank and the Bank of Japan began to raise their interest rates to slow domestic monetary expansion, the fabric of international monetary cooperation began to unravel. Amid charge and counter-charge by disgruntled fmance ministers, the dollar dropped further and interest rates jumped upward, leading to panic in the stock market on Black Monday. Fortunately, a steady hand and generous supply of credit from the Federal Reserve System prevented massive bankruptcies among Wall Street brokerage houses and a collapse of the credit system. But the ... Read more
Product Details
Format
Paperback
Publication date
2011
Publisher
Springer Netherlands
Number of pages
158
Condition
New
Series
Studies in Productivity Analysis
Number of Pages
158
Place of Publication
Dordrecht, Netherlands
ISBN
9789401076258
SKU
V9789401076258
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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