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Full-Text Articles in Social and Behavioral Sciences
The Effect Of Inflation Targeting Policies On Dollarization-A Cross-Country Analysis, Dweepobotee Brahma
The Effect Of Inflation Targeting Policies On Dollarization-A Cross-Country Analysis, Dweepobotee Brahma
The Hilltop Review
This paper attempts to review the experiences of various dollarized economies from the adoption of an explicit inflation-targeting framework for domestic monetary policy. Dollarization is the phenomenon where agents in a country choose to use a foreign currency instead of their domestic currency. This often occurs in response to episodes of high inflation rate in the domestic economy. Central Banks of these countries often respond by adopting an inflation-targeting regime. This paper attempts to evaluate the effectiveness of such a policy by conducting a cross-country comparison. A panel dataset from 14 dollarized economies from 2001-2015, is used to compare between …
China's Unethical Economic Development Practices, Kimberly A. Madsen
China's Unethical Economic Development Practices, Kimberly A. Madsen
The Hilltop Review
The purpose of this research paper is to inform the public about some of the unethical economic development practices that China is performing with their citizens and global partners. These activities include escalating the national GDP at the detriment of their citizens through forced relocations in order to build new cities, dividing families with harmful public policies, and the imbalance between their citizens’ annual earnings and housing costs. Also discussed is the environmental pollution of the air, water, and soil, and poorly treating their international constituents when asked to provide consulting services to their nation.