Twin Peaks and Central Banks: Economics, Political Economy and Comparative Analysis

2017 ◽  
Author(s):  
Donato Masciandaro ◽  
Davide Romelli
2020 ◽  
Vol 26 (11) ◽  
pp. 2448-2471
Author(s):  
S.V. Anureev

Subject. This article examines the functions and management structures of central financial bodies and related parliamentary and governmental structures in Australia, Canada, Great Britain, Japan, Germany, France and Italy. Objectives. The article aims to identify non-standard functions and structures that go beyond the classical responsibility of finance ministries as a central part of the budget process arising from current economic challenges. Methods. For the study, I used a comparative analysis. Results. The article describes the important new functions of financial authorities and treasuries of Western governments aimed at economic growth and economic recovery. Conclusions. The organizational and management structures and functions of the ministries of finance go far beyond the budget process, overlap with and dominate the functions of central banks and ministries of economic development.


Author(s):  
E. Myasnikova ◽  
L. Voskresenskaya

The article is devoted to the discussion of the prospect of issuing in Russia the digital currency of the Central Bank - the digital ruble. The properties and characteristics of the digital ruble, models of the functioning of the digital currency are considered. The place of the Central Bank in the process of functioning of the platform for the production of digital rudders shown. The main stages of development and implementation of the digital ruble are presented. Expert assessments of the possibilities and consequences of the introduction of the digital ruble are discussed. The impact of the digital ruble of the Central Bank on the financial system and the potential risks of introducing a digital currency are assessed. A comparative analysis of technologies for creating a digital ruble platform been carried out. The strategies of the central banks of various countries in creating models and mechanisms for issuing digital currencies into circulation are considered. Conclusions are made about the prospects for the introduction of the digital ruble in Russia. It noted that the problem of choosing the organization of the circulation of digital currency remains unresolved. Model C creates an excessive load of settlements on the Central Bank; Model D distributes the settlement load among commercial banks, which greatly increases the risks of clients – legal entities and individuals.


1982 ◽  
Vol 16 (2) ◽  
pp. 298-319 ◽  
Author(s):  
Charles H. Wood

The equilibrium model of labor mobility and the historical-structural perspective on population movement are summarized and critiqued. A comparative analysis identifies the sources of the growing discontinuity in the contemporary literature on migration by exploring the theoretical and methodological implications of the contrasting paradigms of socioeconomic development in which each perspective is embedded. The last section outlines an alternative approach to the study of migration by shifting the unit of analysis to the household. It is argued that the analysis household sustenance strategies, interpreted within the political economy of which the household is a part, provides the basis for integrating structural and behavioral perspectives on the study of population movement.


1979 ◽  
Vol 21 (4) ◽  
pp. 483-518 ◽  
Author(s):  
Alan Richards

In many otherwise diverse societies, owners of large agricultural estates have paid their year-round workers with the use of a piece of land on which to produce their own subsistence crops. In a “preliminary report” Magnus Morner cited some eleven examples of this system in Europe, Latin America, and Africa. Although Mörner mentions different influences, he does not advance an argument to explain these systems. This essay seeks to contribute to our understanding of the political economy of these “labor rent” or “estate labor” systems. The paper is exploratory: previous approaches are considered, a theoretical framework is proposed, and some tentative hypotheses are presented. My evidence comes from three examples: the Insten system of East Elbian Germany from ca. 1750 to ca. 1860; the ‘izbah system of the Egyptian Delta from ca. 1850 to ca. 1940; and the pre-1930 inquilinaje system of Central Chile.


1985 ◽  
Vol 18 (4) ◽  
pp. 724
Author(s):  
Shaheen Mozaffar ◽  
Timothy M. Shaw ◽  
Olajide Aluko

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