Monetary policy

debt[10] has created alarm in financial markets. The debt crisis has been mostly centred on recent events in Greece, where there is concern about the rising cost of financing government debt. On 2 May 2010, the Eurozone countries and the International Monetary Fund agreed to a €110 billion loan for Greece, conditional on the implementation of harsh Greek austerity measures. On 9 May 2010, Europe's Finance Ministers approved a comprehensive rescue package worth almost a trillion dollars aimed at ensuring

Friedman, chef de file de « l'Ecole de Chigaco » et du monétarisme, adversaire acharné de Keynes et du keynésianisme (notamment avec la parution de « The Quantity Theory of Money, a Restatement », 1956, « Dollars and Deficits », 1968, « The role of Monetary Policy », 1968), ce débat se transforme en celui concernant l'efficacité comparée des deux principales politiques économiques conjoncturelles : politique budgétaire et politique monétaire.

economic policies conduct by the International Monetary Fund and the World Bank. Stiglitz, who has been chief economist at the world bank from 1997 to 2000, wrote his book because he was disillusioned with the international institutions. According to him, the IMF and the world bank acted against the interests of developing countries. When a crisis appears in one of his member states, IMF lends money provided that the country follows his economic policy: it’s a new form of colonialism. More precisely

economically competent enough to maintain and support it. As early as 1940, Leon Fraser, president of New York’s First National Bank, already said: « As America goes, so goes the world, for our influence is so great, our strenght so dominant, that our policy, once clearly adopted and followed, is likely—nay, is certain—to be the guidepost for the remainder of the globe » , asserting that the United States were more than ready to assume their status of world leader even prior to the end of Second World

nature and of the future of the state of UK, and it's also linked to the UK's relationship with the rest of the world. Having been an imperial power, the UK simply found it difficult to adapt to a smallest status in the European Community. British policy towards Europe (1945-1970) Btw 45 and 70 the Labour party and the Conservatives alternated in power, but their policies were fairly similar. Characterized by hesitations which means that UK missed all the opportunities to join the Community at

Bibliographie : ▪ ``Economie Monétaire et Financière’’ de Pascal Gaudron et Sylvie Lecarpentier-Moyal, édition ECONOMICA, 2008. ▪ http://www.ecb.europa.eu, General Documentation on Eurosystem Monetary Policy Instruments and procedures, ``The Implementation Of Monetary Policy In The Euro Area’’, February 2011. ▪ http://www.ecb.europa.eu, Brochure sur ``LA BCE, l’EUROSYSTEME, LE SYSTEME EUROPEEN DE BANQUES CENTRALES’’ de Jean-Claude Trichet (ex-Président de la BCE), avril 2009

global view of the theme we will discuss the nature and significance of business finance, the different sources of business finance, the financial institutions and their functions, the globalization of financial markets through the new international monetary system and the relationship between business finance and accounting. 1- Nature and significance of business finance 1.1 Nature Business finance can be used at different stages of the development of a business. First of all one must use finance

French foreign policy under President Sarkozy The election of 2007 brought up a new man on the political scene of France, a former leader of UMP (centre-right party) has been elected president. Today, looking back and summarizing his two years in the office we can certainly conclude that his presidency has certainly brought a change in the style of French foreign policy. Sarkozy’s long political apprenticeship shaped his approach to the politics and relations in the multipolar world. He

Références Manuels de cours 1. 2. 3. 4. Bernier B. et Y. Simon, Initiation à la macroéconomie, édition DUNOD. Combe F. et T. Tacheix, L’essentiel de la monnaie, édition Gualino éditeur. Védie H.L., Macro économie, édition DUNOD. Walsh C., Monetary Theory and Policy, MIT Press, 2éme édition. Manuels d’exercices 1. Allegret J.P. et B. Courbis, Monnaie et Financement, édition Dyna’Sup. 2. Bailly J.L., G. Caire, A. Figliuzzi et V. Lelièvre, Economie monétaire et financière, édition Bréal. 2008/2009 Page

those firms that take on the long-term unemployed will create an incentive for businesses to increase the size of their workforce. Employment subsidies may also be available for overseas firms locating in the UK as part of the government’s regional policy. Labour’s New Deal programme works by offering subsidised jobs and training to the long-term unemployed. It differs from previous job creation schemes, in that people who refuse to comply can have their benefits stopped. According to the government's