Explore the significance and functioning of Official Settlement Accounts (OSAs) in international financial transactions, policy decisions, and economic stability. Understand how these accounts help monitor capital flows, manage foreign exchange reserves, and maintain global trade.
Delve into the mission, members, and impact of the Group of 30 (G-30), an influential nonprofit body of top economists and business leaders discussing global financial issues.
Learn what fiat money is, its history, advantages, disadvantages, and its impact on modern economies. Discover why most countries favor this non-commodity-based money system.
Dive deep into what defines a national bank, both within the United States and internationally, and understand their unique roles, history, and examples.
Explore how moral suasion serves as a unique and influential tool in economic policymaking, focusing on its role in guiding market behaviors through persuasive rhetoric and implicit threats rather than coercion.