Index

Dr. Taranza T. Ganziro (Independent Scholar, Centreville, VA, USA)
Dr. Robert G. Vambery (Pace University, New York, NY, USA)

The Exorbitant Burden

ISBN: 978-1-78560-641-0, eISBN: 978-1-78560-640-3

Publication date: 19 November 2015

This content is currently only available as a PDF

Citation

Ganziro, T.T. and Vambery, R.G. (2015), "Index", The Exorbitant Burden, Emerald Group Publishing Limited, Leeds, pp. 247-250. https://doi.org/10.1108/978-1-78560-641-020151010

Publisher

:

Emerald Group Publishing Limited

Copyright © 2016 Emerald Group Publishing Limited


INDEX

ADF
, xvi, 206, 207, 223

America’s security card
, 100

American Exceptionalism
, 96, 97, 98, 236

Anatomy of banking bailout
, 82

Anchor Currency
, 13, 31

Atlantic Charter
, 45, 48

Baker-Miyazawa deal
, 100

Bank of England
, 44, 58

Beggar thy neighbor
, 44

Behavioral crisis
, 87

Bifurcated
, 21

Bretton Woods Agreements
, xiv, 46

Bretton Woods Fixed Exchange System
, 4, 52, 53

Bretton Woods System
, 30, 39, 44, 46, 49, 50, 53, 93, 135, 168, 236

British pound
, 26, 29

The British Pound Standard
, 43

Capital account
, 3, 4, 11, 18, 21, 24, 116, 129, 134, 138, 197

Capitalistic
, xii, 123, 181

CDOs
, 71, 72

CDS
, 66, 71, 72, 75

CFA
, 31, 45, 175

Cointegration tests
, xvi, 207

Collateral rule
, 19

Concentration-fragility hypothesis
, 82

Concentration-stability hypothesis
, 82

Conservator
, 61

Conventional peg
, 32

Creative destruction
, 123, 184

Credit Rating Agencies
, 71, 72, 83

Currency Board
, 32

Currency war
, 7, 162

Current account
, xiii, 3, 4, 10, 17, 18, 19, 21, 22, 27, 49, 50, 51, 53, 54, 114, 116, 117, 126, 127, 129, 135, 136, 137, 138, 139, 147, 149, 150, 151, 154, 155, 156, 158, 159, 160, 161, 197, 198, 225

Debt burden
, 160

Demand-Side School
, 136, 137, 138

Demonization
, xii

Diabolic Vicious Loop
, 173

Dodd–Frank Wall Street Reform and Consumer Protection Act
, 85

Dollar-Derivatives Global Liquidity
, 61

The Dollar-Gold Exchange Standard
, 46

Dollarshare
, xv, 197, 199, 203, 205, 206, 207, 208, 210, 211, 212, 213, 216, 217, 218, 219, 223, 229, 230, 231, 232

Dollar-swap lines
, 4

Economic power
, 103

Eurodollar liquidity
, 57

Euroland
, 36, 37, 38, 81, 101, 115, 128, 132, 133, 134, 169, 170, 171, 172, 173, 174, 175, 176, 180, 193

Eurolized
, 133

Euromarket
, 59

European Union
, 31, 37, 96, 103, 107, 112, 113, 133, 134, 170, 171, 173, 189

Exchange Rate Arrangements
, 32

Exorbitant burden
, xiv, 7

Exorbitant privilege
, xiv, xv, 6, 7, 30, 100, 135, 142, 143, 147, 148, 149, 239

Exorbitant Reserve Currency Curse
, 151

Export-led growth strategy
, xiii, 19, 20, 22, 117, 153, 177, 179, 182, 183, 187, 224

Exports competitiveness
, 5, 120

Extdebt
, xvi, 202, 203, 205, 211, 212, 213, 216, 219, 220, 221, 224, 225

Externalities
, ix, xiii, 10, 15, 16, 25, 29, 33, 93, 114, 132, 190, 196

FDIC
, 68, 241

Federal Reserve Bank
, 76, 77, 233, 236, 237, 240, 244

Fiduciary Dollar Standard
, xi, 30, 41, 53, 54, 55, 135, 142, 146, 190, 191, 192, 193

Fiduciary Dollar System
, xi

Financial globalization
, xiii, 135, 136, 196

Financial intoxication
, 164

Finopen
, xv, 197, 199, 203, 205, 207, 208, 210, 211, 212, 213, 216, 217, 218, 219, 220, 229, 231, 232

Floating currency
, 31

Foreign reserves holdings
, 37

Forward Exchange Market
, 33

Free float
, 31, 37, 52

GAB
, 169

Geopolitical leadership
, 96

Geopower
, xv, 197, 200, 201, 202, 203, 205, 207, 208, 210, 211, 212, 213, 216, 217, 218, 219, 221, 225, 229, 231, 232

Glass-Steagall Act
, 58, 85, 86

Global cultural influence
, 111

Global Forex markets
, 33

Global liquidity
, 55, 239

Global public good
, xii, xv, 111, 152, 193, 225, 226

Gold standard
, 41, 42

Grand Recession
, x, 125

Granger Causality Wald Tests
, 215, 217, 218, 232

Great Depression
, x, 48, 55, 71, 79, 80, 89, 108, 155, 163, 164, 192

Great Moderation
, 123, 124, 125, 233, 235

GREAT POWERS HAVE GREAT CURRENCIES
, 94

Greek impasse
, 172

Hard Peg
, 32

Hegemonic
, x, 6, 10, 29, 94, 144, 172

Human Development Index
, 109

IMF
, xiv, 3, 5, 11, 17, 27, 31, 32, 33, 37, 38, 46, 47, 53, 54, 68, 79, 118, 120, 122, 132, 133, 140, 161, 166, 167, 168, 169, 190, 205, 238, 239, 241, 242

Impossible trinity
, 134

Inertia
, xiii, 25, 26, 29, 114, 165

Inflarate
, xv, 197, 202, 203, 205, 207, 208, 210, 211, 212, 213, 216, 217, 218, 219, 220, 229, 231, 232

Inflation
, 13, 14, 15, 20, 21, 23, 42, 43, 51, 52, 55, 122, 123, 125, 136, 146, 147, 148, 149, 152, 163, 181, 196, 202, 212, 220, 224, 225

Insulation
, 145

Interbank market
, 33

Internationalization
, 10, 238, 239

Investment identity
, 158

Jarque-Bera Test
, xvi, 213, 223

Johansen Maximum Likelihood
, xvi, 208, 223

Johansen Tests for Cointegration
, 231

Lag
, 26, 165, 166, 208, 212

Lagrange Multiplier Test
, xvi, 223

Lender-of-the-last resort
, 4, 191

Libor
, 67, 68, 70, 241

Lifeblood
, 2, 39, 72

Linear Hypothesis Test
, xvi, 223

Marriage of convenience
, 139, 140

Medium of Exchange
, 15, 226

Mercantilist Rule
, 17

Military Power
, 99

Money multiplier
, 88, 91

Monolites
, 71

Moral hazard
, 80, 88, 89, 131

Multipolar Reserve Currency System
, ix, 188

Multipolarity
, ix, 244

Mundell-Flemming Trilemma
, 127

NAB
, 169

NATO
, 99, 171

Netting
, 64, 65

Nixon Shock
, 51, 100, 239

Normality
, xvi, 7, 213

Official Dollar-Global Liquidity
, 79

Official reserves
, 17, 18, 49

Opacity
, 56, 60, 64, 78

Optimal Currency Area
, 32, 101

Over-the-Counter
, 62

Paradox of the US dollar
, 121

Paradox
, ix, 7, 28, 49, 102, 121, 122, 125, 134, 144

Pax Americana
, 98

Pegged
, 4, 5, 21, 23, 31, 39, 41, 46, 47, 54, 126, 128, 163, 175, 181, 191

Political Burden
, 152

Political Power
, 110

Postestimation diagnoses
, xvi

Private Dollar Global Liquidity
, 56

Privilege Taker
, xii, xiv, 239

Rebalancing Act
, 139

Renminbi
, xiii, 21, 22, 26, 27, 29, 115, 117, 130, 140, 141, 142, 153, 165, 167, 176, 177, 181, 182, 185, 186, 188, 190, 237, 239

Repo Markets
, 75

Reserve Currency Status
, 10, 23, 27, 31, 72, 153, 219, 223

Reserves Currency Accumulation Motives
, 16

Ricardian Equivalence
, 156, 159

Run on repo
, 78

Saving glut
, 22

Securities Dealers
, 76

Securitization
, 62, 71, 76

Seigniorage
, 145, 146, 147, 148

Self-Insurance
, 18

Serial bubbles
, 123

Shadow Banking
, 71, 73

Significance
, xvi, 7, 177, 204, 212, 213

Smart power
, 95, 190

Soft power
, 95, 144

Spot Exchange Market
, 33

Stationarity
, 196, 206

Stationarity
, xvi, 204, 206, 223

Sterilization
, 20, 21, 129, 130, 131, 146, 162

Sterling
, x, 24, 38, 42, 45, 57, 58, 235, 240

Store of Value
, 12, 226

Subprime
, 75, 78, 120

Supply-Side School
, 135, 136

System Maker
, xii, xiv, 239

Too big to fail
, 82, 84, 85, 87

Tradeopen
, xv, 197, 202, 203, 205, 207, 208, 210, 211, 212, 213, 216, 217, 218, 219, 229, 231, 232

Treasrate
, xv, 197, 199, 203, 205, 207, 208, 210, 211, 212, 213, 216, 217, 218, 219, 220, 224, 229, 231, 232

Treasury Bond Market
, 24

Triffin
, 3, 27, 49, 125, 127, 238, 243

Trilemma Hypotheses
, 127

Tri-Party Repo Market
, 76

Twin Deficit Identity
, 154, 157

Twin Divergence Hypothesis
, 156

Twin-Deficits Identity
, 159

Twin-deficits
, x, xv, 114, 121, 152, 155, 156, 162, 165, 197, 209

Two-speed economy
, 21, 89

Unimultipolar system
, 96

Unit of Account
, 15

US dollar supremacy
, 114, 161

VECM Regression
, 210

Vector Error Correction Model
, xvi, 209, 223

Viable Alternatives
, 165

Wall Street
, xii, 24, 55, 66, 68, 70, 71, 78, 82, 84, 85, 87, 88, 151, 234, 236, 237, 244

World power pyramid
, 96

World Venture Capitalist
, xiii, 237

Yen
, xiii, 11, 29, 34, 38, 41, 57, 100, 119, 120, 138, 165, 188, 226

Yuans
, 1