IMPORTANCE OF CENTRAL BANKS TO THE GLOBAL ECONOMY

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In this assignment, you are required to write a 3000-word essay on a topic of your choice drawing upon the lectures, seminar and reading material for the module MN7406. You should complete an essay on... ONE of the following questions: ‘Attempts to ‘green’ capitalism, to make it ‘ecological’, are doomed by the very nature of the system as a system of endless growth’ (Boockhin, 1990). Do you agree with Boockhin’s assessment? Drawing on relevant studies and examples critically explain why. Discuss the importance of central banks in the global economy, with reference to cases such as the European Central Bank. Do they have too much political political power? Or is their power essential to avert future economic crises? ‘With the value of bitcoin having fallen by around 70% since its peak late last year, the mother of all bubbles has now gone bust. More generally, cryptocurrencies have entered a not-so-cryptic apocalypse’ (Roubini, 2018). Do you agree? Using relevant literature explain why. [Show More]

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