Description : Policymakers' uneasiness about granting independence to financial sector regulators stems to a large extent from the lack of familiarity with, and elusiveness of, the concept of accountability. This paper gives operational content to accountability and argues that it is possible to do so in a way that encourages and supports agency independence. The paper first elaborates on the role and purposes of accountability. Second, it shows that the unique features of financial sector supervision point to a more complex system of accountability arrangements than, for instance, the conduct of monetary policy. Finally, the paper discusses specific arrangements that can best secure the objectives of accountability and, thus, independence. Our findings have a wider application than financial sector supervision.
Description : Take a fresh look at the Bible while you experience a new translation. The Common English Bible is relevant, readable, and reliable. The result is a new version that the typical reader or worshipper is able to understand. 115 leading biblical scholars from 22 faith traditions and 77 reading specialists in 13 denominations worked on this translation.
Description : The founders of the Bretton Woods System 60 years ago were primarily concerned with orderly exchange rate adjustment in a world economy that was characterized by widespread restrictions on international capital mobility. In contrast, the rapid pace of financial globalization during recent years poses new challenges for the international monetary system. In particular, large gross cross-holdings of foreign assets and liabilities mean that the valuation channel of exchange rate adjustment has grown in importance, relative to the traditional trade balance channel. Accordingly, this paper empirically explores some of the interconnections between financial globalization and exchange rate adjustment and discusses the policy implications.
Description : The book discusses in detail how masters and doctorial degrees are evaluated and gives tips on how to be sure that the examiners will be satisfied with both the dissertation and during the viva. This book offers sound advice to both supervisors and their students, as to how to navigate their way through all the issues they have to face.
Description : Take a fresh look at the Bible while you experience a new translation. The Common English Bible is relevant, readable, and reliable. The result is a new version that the typical reader or worshipper is able to understand. 115 leading biblical scholars from 22 faith traditions and 77 reading specialists in 13 denominations worked on this translation. Contains Apocrypha books.
Description : This study explores the effects of labor and product market deregulation on employment growth. Our empirical results, based on an OECD country panel from 1990-2004, suggest that lower levels of product and labor market regulation foster employment growth, including through sizable interaction effects. Based on these findings, the paper develops a theoretical framework for evaluating deregulation strategies in the presence of reform costs. Optimal deregulation takes various forms depending on the deregulation costs, the strength of reform interactions, and the perspective of the policymaker. Unless deregulation costs are very asymmetric across markets, optimal deregulation requires some form of coordination.
Description : In this sequel to The Becoming of Noah Shaw, the companion series to the New York Times bestselling Mara Dyer novels, legacies are revealed, lies are unraveled, and old alliances are forged. Noah’s reckoning is here. Noah Shaw wants nothing more than to escape the consequences of his choices. He can’t. He’s sure the memories that haunt him are merely proof of a broken heart. They aren’t. He thinks he can move forward without first confronting his past. He’s wrong.
Description : Kelley Armstrong's New York Times bestselling Darkest Powers trilogy is collected here for the first time! The Summoning: Chloe Saunders is locked up in Lyle House, a "special home" for troubled teens. Yet the home isn't what it seems. There is definitely more to Chloe's housemates than meets the eye. The question is, whose side are they on? It's up to her to figure out the dangerous secrets behind Lyle House . . . before its skeletons come back to haunt her. The Awakening: Chloe Saunders is a living science experiment—not only can she see ghosts, but she was genetically altered by a sinister organization called the Edison Group. She's a teenage necromancer whose powers are out of control, which means she can raise the dead without even trying. Now Chloe's running for her life with three of her supernatural friends—a charming sorcerer, a cynical werewolf, and a disgruntled witch—and they have to find someone who can help them before the Edison Group catches them. The Reckoning: Chloe Saunders's life is not what you would call normal. First of all, she can't figure out how she feels about a certain antisocial werewolf or his charming brother—who just happens to be a sorcerer. Then there's the fact that she's running for her life from an evil corporation that's trying to kill her and her supernatural friends. And finally, she's a genetically altered necromancer who can raise the dead, rotting corpses and all, without even trying. But Chloe has a plan. And the end is very near.
Description : A special report on the resurgence of the Detroit auto industry using the Chrysler Jeep plant at Jefferson North as a focal point. The report centers on the characters behind the plant and the new technology it is using for manufacturing cars, while also looking at the economic desperation of the neighborhood in which the Jeep plant sits.
Description : A fresh new voice in art and cultural criticism takes on the day's most pressing questions about representations of violence in art. Today both reality and entertainment crowd our fields of vision with brutal imagery. The pervasiveness of images of torture, horror, and war has all but demolished the twentieth-century hope that such imagery might shock us into a less alienated state, or aid in the creation of a just social order. What to do now? When to look, when to turn away? Genre-busting author Maggie Nelson brilliantly navigates this contemporary predicament, with an eye to the question of whether or not focusing on representations of cruelty makes us cruel. In a journey through high and low culture (Kafka to reality TV), the visual to the verbal (Paul McCarthy to Brian Evenson), and the apolitical to the political (Francis Bacon to Kara Walker), Nelson offers a model of how one might balance strong ethical convictions with an equally strong appreciation for work that tests the limits of taste, taboo, and permissibility.