This open access book examines the history and role of money. Money is often defined in terms of three interrelated functions: as a medium of exchange, store of value and unit of account. Researchers frequently discuss the first two functions, but tend to ignore unit of account. This book focuses on how a unit of account or denomination can be defined and can be derived from the monetary system…
This open access book is the first attempt to elaborate the formalization phase of banking supervision in eight developed countries—USA, Japan, Sweden, Germany, Switzerland, Belgium, France, and UK. This innovative study in the field of banking supervision history identifies why national histories of banking supervision share similarities, but also remain different and are heavily path depend…
This book is an integration of keynote speeches, lectures, and related teaching materials during the five years of the "Central Bank Policy Mix: Issues, Challenges and Policy Responses" flagship program of the BI Institute, the learning and research centre of Bank Indonesia. The book examines the interactions among central bank policies including monetary policy, exchange rate policy, macroprud…
This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as t…
A public option is a government-provided social good that exists alongside a similar privately provided good. While the public option is typically identified with health care policy, public options have been a longstanding feature of American life in a variety of sectors, ranging from libraries to swimming pools. Public schools, for example, coexist alongside private schools. However, there is …
The book analyzes socioeconomic through the lens of a lawyer. In the past decade the world has witnessed some severe financial and economic crises, especially the financial crisis of 2007-2008 and the crisis caused by the COVID-19 pandemic. The author states that the socio-economic order has in the past four to five decades been thoroughly redesigned, generally favouring models that priorit…
This open access book encompasses a collection of in-depth analyses showcasing the challenges and ways forward for macroeconomic modelling of R&D and innovation policies. Based upon the proceedings of the EC-DG JRC-IEA workshop held in Brussels in 2017, it presents cutting-edge contributions from a number of leading economists in the field. It provides a comprehensive overview of the current ac…
Dr Jean-Michel Lafleur is Research Professor at the University of Liège and Research Associate at the Belgian Fund for Scientific Research (FRS-FNRS). He is also Associate Director of the Centre for Ethnic and Migration Studies (CEDEM). His research interests lie particularly in the areas of transnationalism, EU mobility and social protection. In 2015, he was awarded a Starting Grant from the …
This multidisciplinary Open Access book provides nine problem-solving lectures for sustainable development for the planet and prosperity. Those are two of the five keywords for the Sustainable Development Goals (SDGs): people, the planet, prosperity, peace, and partnerships, or “the 5Ps”. Each of these lectures is classified into one of the keywords for SDGs and based on law, economics, ma…
This edited open access volume explores the role of forest bioeconomy in addressing climate change. The authors put a particular focus on planetary boundaries and how the linear, growth-oriented economy, is coupled with climate change and environmental degradation. Biobased products and sustainable production paths have been developed, but how can they be scaled in order to lead to an economic…