Testing the Credibility of the Belgian Hard Currency Policy

1991 ◽  
Author(s):  
Vincent Koen
Author(s):  
Y.I. Babenkov ◽  
◽  
A.I. Ozersky ◽  
V.V. Romanov ◽  
G.A Galka ◽  
...  

The article is devoted to the issue of designing an air conditioning system (SСA) of the cabin of an agricultural machine to create comfortable conditions and ensure good health of the driver. The methodology for determining heat inflows and moisture inflows into the cabin is shown. The required cooling capacity of hard currency is calculated using the i-d diagram.


Significance Import-dependent Lebanon has faced acute energy shortages in recent months, reflecting poor infrastructure, unsustainable policies and a lack of hard currency. Leaders are exploring rival regional options for the supply of gas and oil products: primarily Iraq, Iran and Egypt gas via Jordan and Syria. Impacts Since Lebanon has no functional refinery, it would be unable to use direct crude oil imports. Reliable provision of petrol and diesel will ultimately require a painful complete end to subsidies. Installation of solar power is already happening rapidly through private initiatives, but its contribution will remain minor.


2015 ◽  
Vol 53 (2) ◽  
pp. 365-367

Benjamin J. Cohen of University of California, Santa Barbara reviews “Currency Politics: The Political Economy of Exchange Rate Policy”, by Jeffry A. Frieden. The Econlit abstract of this book begins: “Analyzes the politics surrounding exchange rates, including the influence of industries on the political process. Discusses the political economy of currency choice; a theory of currency policy preferences; the United States─from greenbacks to gold, 1862-79; the United States─silver threats among the gold, 1880-96; European monetary integration─from Bretton Woods to the euro and beyond; Latin American currency policy, 1970-2010; the political economy of Latin American currency crises; and the politics of exchange rates─implications and extensions.” Frieden is Professor of Government at Harvard University.


1992 ◽  
Vol 66 (2) ◽  
pp. 364
Author(s):  
Arnold McMillin ◽  
Vladimir Kunin ◽  
Antonina W. Bouis
Keyword(s):  

2009 ◽  
Vol 56 (1) ◽  
pp. 95-110 ◽  
Author(s):  
Irena Radovic

The eastward enlargement of the Euro area entails significant implications for the accession candidates in Central and Eastern Europe (CEE), the existing Euro system and the monetary policy of the European Central Bank (ECB). The present analysis assesses the challenges and critical aspects in monetary policy modeling with special emphasis to enlargement. The focus is on the difficulty of implementing a unique currency policy in view or growing heterogeneity within the enlarged monetary union, and secondly - the issue of the voting mechanism within the ECB. When analyzing those two issues, it is conclusive that the difficulties for the ECB and the current Euro zone members will increase. For the enlarged Euro zone, which is becoming more divergent, it will be very hard to find adequate recipes to meet the needs and requirements of all. The big question is: whether centralization of monetary policy is a sustainable and superior solution?.


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