Dies ist eine Kooperationsveranstaltung zwischen Heinrich-Böll-Stiftung, Finanzwende Recherche und der Universität Witten-Herdecke. Mit: - Joscha Wullweber, Heisenberg-Professor für Politische Ökonomie, Transformation und Nachhaltigkeit an der Universität Witten-Herdecke - Rainer Voss, Ex-Investmentbanker und Finanzwende-Fellow - Ulrike Roy, Abteilungsleiterin, Deutsche Bundesbank Begrüßung und Moderation: Jörg Haas, Referent Internationale Politik, Heinrich-Böll-Stiftung 2021 Level: leicht Buchvorstellung: Zentralbankkapitalismus Joscha Wullweber Heinrich-Böll-Stiftung What’s inflation? Why is it relevant? And is there an agreed theory about its roots and causes, or is it a contentious concept? That’s what this text is all about: We define what inflation actually means before we delve into the theoretical debate with an interdisciplinary and pluralist approach: What gives rise to it, what factors might influence it, and, consequently, what might be done about it? 2021 Level: leicht Inflation in economic theory Alexander Barta, Jorim Gerrard, Jakob Steffen & Frieder Zaspel Exploring Economics Die großen Finanzinstitutionen sind ein wichtiger Motor für den ökologischen und ökonomischen Umbau. Aber was muss passieren, damit der Finanzmarkt diese Rolle auch einnimmt? 2020 Level: leicht Können – und wollen – die Finanzmärkte das Klima retten? Joachim Wardenga und Gerhard Schick Economist for Future Inzwischen beschäftigen sich auch die großen Zentralbanken mit ihrer Rolle im Kampf gegen den Klimawandel. Wie weit sie dabei gehen (können), hängt davon ab, wie viel politische Legitimation dafür geschaffen wird. 2020 Level: leicht Wieso eine grüne Geldpolitik legal und legitim ist Stanislas Jourdan und Marc Beckmann Economist for Future Mark Carney explains how we have come to esteem financial value over human value and how we have gone from market economies to market societies, how economic theory foundation affect the society as a whole, how we understand our world today and ultimately how this affects our lives. 2020 Level: leicht How We Get What We Value Mark Carney BBC Nancy Fraser starts out by introducing the multidmiensional cirises of the 21st century Three dimensions are especially alarming to her the ecological the financial and social aspects of the crisis Fraser then revives the ideas of Karl Polanyi which he first presented in his 1944 book The great transformation She … 2013 Level: mittel Can societies be commodities all the way down? Nancy Fraser Helsinki Collegium for Advanced Studies, University of Helsinki Aim of this intensive workshop is to understand macroeconomic workings of climate change as as the background of sustainable finance; to analyse financial assets with ESG (Environmental, Social and Governance) criteria attached to them and their markets and important institutional players; to develop a critical perspective on the current setup of sustainable finance; and to synthesise this knowledge by applying it on in-depth case studies. 2020 Level: leicht Sustainable Finance Anne Löscher Summer Academy for Pluralist Economics Post-Colonialisms Today researcher Chafik Ben Rouine looks to Tunisia’s post-independence central banking method to provide insight on what progressive monetary policy can look like. 2020 Level: leicht Monetary Policy for Development, During and Beyond Crisis Chafik Ben Rouine Post-Colonialisms Today: postcolonialisms.regionsrefocus.org Kareem Megahed, Omar Ghannam and Heba Khalil, from Post-Colonialisms Today, provide insights on the early post-independence industrialization project in Egypt, in which the state played a central coordinating role. 2020 Level: mittel Lessons for Today from Egypt’s Post-Independence Industrialization Kareem Megahed, Omar Ghannam, and Heba Khalil Post-Colonialisms Today: postcolonialisms.regionsrefocus.org The world has seen the emergence of a rather different system of international lender of last resort organized as a network of central bank liquidity swap lines largely limited to the core countries of the Global North In this system central banks swap their own currency for dollars which they … 2021 Level: schwer “Where’s My Swap Line?”: A Money View of International Lender of Last Resort Perry Mehrling Boston University Global Development Policy Center The authors analyse the role and effects of the US dollar as factual global reserve currency. They demonstrate that a flight into the dollar creates adverse effects for the global economy as it represents a tightening of financial conditions. 2021 Level: mittel Dollar dominance and the international adjustment to global risk Georgios Georgiadis, Gernot Müller, Ben Schumann Centre for Economic Policy Research The article summarizes the effects that the war in Ukraine, the resulting economic sanctions as well as associated financial turbulences have for cryptocurrencies and their role in the global financial system. 2022 Level: leicht Cryptocurrencies and the war in Ukraine Jon Danielsson Centre for Economic Policy Research This episode from Odd Lost podcast with financial analyst Zoltan Pozsar features a discussion on the potential long-term financial effects of the Ukraine-Crisis on dollar and the global currency system centered around it. 2022 Level: mittel Zoltan Pozsar on Russia, Gold, and a Turning Point for the U.S. Dollar Zoltan Pozsar, Tracy Alloway, Joe Weisenthal Bloomberg Florian Kern replies to Zoltan Pozsar's analysis about the effects of the war in Ukraine on the global financial order and refutes the latter's prognosis of the demise of the US dollar as the world's reserve currency 2022 Level: mittel Why the war in Ukraine does not jeopardise the dollar's reserve currency status Florian M. Kern Dezernat Zukunft The article discusses whether the turning point in EU's Russia policy with sanctions aimed directly at Putin's war chest of foreign reserves will change the landscape of countries' foreign assets. 2022 Level: leicht The Monetary Consequences of Vladimir Putin Barry Eichengreen Project Syndicate The article by the European Council of Foreign Relations argues that Europe s economic actions in response to the Russian invasion into Urkaine have been decisive different from the EU s external image but that this response should yet be better institutionalized The author Hackenbroich proposes an Anti Coercion Instrument … 2022 Level: leicht The EU’s geo-economic revolution Jonathan Hackenbroich European Council of Foreign Relations The article reviews the effects that the War in Ukraine will have for the global economy. 2022 Level: leicht The Ukraine War's Multifaceted Economic Fallout Mohamed A. El-Erian Project Syndicate This note, by Theresa Neef, Panayiotis Nicolaides, Lucas Chancel, Thomas Piketty, and Gabriel Zucman, provides data on wealth inequality in Russia and advocates for a European Asset Registry. 2022 Level: leicht Effective sanctions against oligarchs and the role of a European Asset Registry Theresa Neef, Panayiotis Nicolaides, Lucas Chancel, Thomas Piketty, Gabriel Zucman EU Tax Observatory / World Inequality lab Diese Publikation der Rosa Luxemburg Stiftung erläutert grundlegende Zusammenhänge der Staatsfinanzierung und -verschuldung sowie der Zentralbankpolitik und räumt dabei euch mit Mythen der Mainstream-Ökonomik auf. 2021 Level: mittel Kredit der Macht Stephan Kaufmann, Ingo Stützle Rosa Luxemburg Stiftung Western sanctions on Russia after its invasion of Ukraine quickly led the Ruble to lose more than 45 percent of its value. But these days, the Russian currency is back to its pre-war value. Cameron and Adam explain the turnaround and discuss what it means for the war. 2022 Level: leicht How the Russian Ruble Bounced Back Adam Tooze interviewed by Cameron Abadi Foreign Policy The piece describes some of the effects that Nixon's decision to delink the dollar from gold in the 1970s had for the relationship between the IMF and its member states. A focus is on the negative effects of this change on societies in the Global South. 2021 Level: leicht Nixon’s decision to delink the dollar from gold still hounds the IMF, South Africa and Africa Danny Bradlow The Conversation The lecturer focuses on his own paper The Economic Limits of Bitcoin and Anonymous Decentralized Trust on the Blockchain analysing the innovation of cryptocurrencies particularly bitcoin and its economic credibility The innovator of cryptocurrency Satoshi Nakamoto incorporated an interesting combination of computer sciences and economics The paper argues the limitations … 2022 Level: leicht The Economics of Cryptocurrencies Eric Budish Economics Department, Oxford University Asset Management firms control large parts of the global economy Just the three American asset management firms BlackRock Vanguard and State Street manage more than half of the combined value of all shares for companies in the S P 500 Their combined managed assets amount to 22 trillion May 2022 … 2022 Level: mittel Asset Manager Capitalism Mark Blyth Watson Institute for International and Public Affairs Laut Bundesfinanzministerium dient die Schuldenbremse der Sicherung der langfristigen Tragfähigkeit der Haushalte von Bund und Ländern, sowie der Sicherung der finanziellen Handlungsspielräume zur Erfüllung der staatlichen Aufgaben. So ist es im Grundgesetz in Artikel 109 festgeschrieben. Artikel 115 erläutert näher, dass der Bund strukturell, also unabhängig von der konjunkturellen Lage nur Nettokredite im Rahmen von 0,35% des Bruttoinlandproduktes vornehmen darf. 2022 Level: leicht Auf dem Weg zu nachhaltigen Staatsfinanzen Albert Vonnieda, Eike Higgen und Niclas Schoppenhauser Rethinking Economics Kiel This article demonstrates Schumpeter s propagated approach to monetary analysis in macroeconomics so as to provide for a better understanding of the relation between finance and growth Peter Bofinger Lisa Geißendörfer Thomas Haas Fabian Mayer voxEU 2022 Level: mittel Discovering the 'true' Schumpeter: New insights on the finance and growth nexus Peter Bofinger, Lisa Geißendörfer, Thomas Haas & Fabian Mayer voxEU In March 2020, the Reserve Bank Board introduced a target for the yield on the three-year Australian Government bond which was discontinued in November 2021. This review examines the experience with the yield target and draws lessons from this experience. 2022 Level: schwer The pitfalls of yield curve control Reserve Bank of Australia Reserve Bank of Australia The author discusses the various dimensions of the recent hike in inflation in the context of the United States and policy dilemmas around high inflation GDP decline and unemployment Servaas Storm Institute for New Economic Thinking 2022 Level: mittel Inflation in a Time of Corona and War Servaas Storm Institute for New Economic Thinking What the heck is the yield curve? And why is it considered a powerful predictor of economic crisis? Here you'll get to know. 2015 Level: leicht Killik Explains: Fixed Income Basics - the yield curve Tim Bennett Killik & Co. Geld aus dem Nichts? Das kann doch wohl nicht sein? Genau so ist es seit dem Ende des Goldstandards aber. 2022 Level: leicht Kann Geld aus dem Nichts entstehen? Nicoletta Renz arte In diesem Video erklärt der Ökonom Maurice Höfgen das konkrete Verfahren welches vom deutschen Staat genutzt wird um Schulden aufzunehmen Hierfür erläutert er die zwei separaten Kreisläufe unseres Geldsystems in welchem die Geschäftsbanken und die Zentralbank Bundesbank bzw Europäische Zentralbank verortet sind und wie genau der Staat hier Bundeswertpapiere verkaufen … 2022 Level: leicht Rekordschulden: Woher kommt das Geld? Maurice Höfgen Geld für die Welt - Maurice Höfgen Das Dezernat Zukunft hatte in diesem Webinar Stefan Eich als Gesprächsgast eingeladen um über dessen druckfrisch erschienenes Buch The Currency of Politics The Political Theory of Money from Aristotle to Keynes Princeton University Press 2022 damit sowohl über die historische Rolle von Geldsystemen als politische Institutionen als auch über die … 2022 Level: mittel The Currency of Politics - Open House Webinar mit Stefan Eich Stefan Eich Dezernat Zukunft This is the second part of the seminar A Hard Currency of Politics The discussion centers on the The Currency of Politics by Stefan Eich and is hosted by the journal European Law Open Stefan Eich s presentation of his argument starts at minute 7 53 The discussion centers on … 2022 Level: leicht European Law Open discussion of "The Currency of Politics" by Stefan Eich Stefan Eich Cambridge University Press