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001 9781003376538
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006 m o d
007 cr |||||||||||
008 240406s2024 enk ob 000 0 eng
040 _aOCoLC-P
_beng
_erda
_cOCoLC-P
020 _a9781003376538
_q(ebook)
020 _a1003376533
020 _a9781040090237
_q(electronic bk. : PDF)
020 _a1040090230
_q(electronic bk. : PDF)
020 _a9781040090244
_q(electronic bk. : EPUB)
020 _a1040090249
_q(electronic bk. : EPUB)
020 _z9781032453415
_q(hardback)
020 _z9781032453439
_q(paperback)
024 7 _a10.4324/9781003376538
_2doi
035 _a(OCoLC)1430987135
035 _a(OCoLC-P)1430987135
050 0 0 _aHG4521
072 7 _aBUS
_x000000
_2bisacsh
072 7 _aBUS
_x069000
_2bisacsh
072 7 _aKCB
_2bicssc
100 1 _aBogołębska, Joanna,
_eauthor.
_994048
245 1 0 _aSafe assets in the global economy :
_bsupply, demand and financial stability /
_cJoanna Bogołębska, Ewa Feder-Sempach, Ewa Stawasz-Grabowska.
264 1 _aAbingdon, Oxon ;
_aNew York, NY
_bRoutledge,
_c2024.
300 _a1 online resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 0 _aRoutledge international studies in money and banking
505 0 _aConcept, definitions and functions of safe assets -- The supply of safe assets -- The demand for safe assets -- Safe asset shortages and the implications for financial stability. In search of new sources of supply.
520 _a"Safe assets constitute an essential component of the contemporary, international financial system and are vital to its stability. As they are perceived as risk-free assets, they are a special type of financial instrument. Although the vast majority of safe assets are issued by governments, due to the increasing interdependence of economies, resulting from the liberalization of capital flows, financial openness, and the ineffectiveness of the international monetary system, issues relating to their significance, creation, and allocation are global. This book combines theoretical threads by systematizing the concept and characteristics of safe assets against the background of alternative financial instruments with empirical analyses that present trends in shaping demand, supply, price conditions, and various interdependencies in the financial markets. It shows the position and role of safe assets in the global financial sector, in the context of ongoing challenges, such as the evolution of forms of money and the processes of currency competition, the outbreak of financial and economic crises, the accumulation of foreign exchange reserves, financial innovations, the scale of securitization and monetary integration. Although safe assets are not a new category of financial assets, they are inherently connected with the evolution of money. Thus, the book examines the determinants of their creation, motives of holding, and the consequences of a shortage - all within the changing nature of the international financial system. Historical, political, and institutional backgrounds are taken into account. The book will appeal to researchers, scholars and advanced students of macroeconomics, international finance and economics, investment analysis, financial economics and econometrics"--
_cProvided by publisher.
588 _aOCLC-licensed vendor bibliographic record.
650 0 _aFinancial instruments.
_994049
650 0 _aFinancial institutions
_xInvestments.
_994050
650 0 _aInvestment analysis.
_959846
650 0 _aInternational finance.
_957834
650 7 _aBUSINESS & ECONOMICS / General
_2bisacsh
650 7 _aBUSINESS & ECONOMICS / Economics / General
_2bisacsh
_964875
700 1 _aFeder-Sempach, Ewa,
_eauthor.
_1https://id.oclc.org/worldcat/entity/E39PCjr99mhx8hgD43wc9BcXVC
_994051
700 1 _aStawasz-Grabowska, Ewa,
_eauthor.
_994052
856 4 0 _3Taylor & Francis
_uhttps://www.taylorfrancis.com/books/9781003376538
856 4 2 _3OCLC metadata license agreement
_uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
942 _cE-Books
999 _c67699
_d67699