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Textbook Notes for POLI 445 at McGill University

MCGILLPOLI 445Mark BrawleyFall

POLI 445 Chapter Notes -Emerging Markets, Tums, Ob River

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MCGILLPOLI 445Mark R. BrawleyFall

POLI 445 Chapter Notes - Chapter week 1-3: Collective Action, Exchange Rate, Sept

Posits that with international capital mobility govs must choose between monetary policy autonomy and exchange rate (er) stability. If govs wish to sta
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MCGILLPOLI 445Mark R. BrawleyFall

POLI 445 Chapter Notes - Chapter week 1-3: Walter Bagehot, Classical Economics, Arbitrage

Ensured uniformity of price of gold across nations through process of arbitrage in gold, each country"s price level determined by stock of gold which w
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MCGILLPOLI 445Mark R. BrawleyFall

POLI 445 Chapter Notes - Chapter week 1-3: Hard Power, Reserve Currency, Foreign-Exchange Reserves

Ability to pressure or coerce others into conforming to your desired behaviour. Also ability to form will into actions, resist outside pressure, free t
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MCGILLPOLI 445Mark R. BrawleyFall

POLI 445 Chapter Notes - Chapter week 1-3: Collective Action, Moral Hazard, Walter Bagehot

The lender of last resort role of the central bank is to prevent and mitigate crises. One definition of lender of last resort (llr): Capable and must l
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MCGILLPOLI 445Mark R. BrawleyFall

POLI 445 Chapter Notes - Chapter week 1-3: Exchange Rate, Data Analysis, Advocacy Group

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