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Showing posts from April, 2024

YouTube autotext of Ronnie MacDonald presentation on Scottish currency

  Introduction 0:00 I'm Ronald McDonald professor of 0:01 microeconomics and international finance 0:04 at the Adam Smith business school 0:06 throughout my career I've specialized in 0:08 issues relating to international finance 0:10 particularly currency issues and 0:12 currency regime issues 0:14 I've advised the international monetary 0:17 fund the World Bank the European 0:21 commission many central banks such as 0:24 the European Central Bank The Reserve 0:27 Bank of New Zealand and so on on 0:29 currency regime issues and I've also 0:31 advised governments on how to set up a 0:34 currency regime and what that currency 0:37 regime should look like where I'm coming 0:39 from and where I've always come from in 0:41 the independence debate is as a 0:43 professionally columnist I spent my 0:45 career 30 to 40 years studying currency 0:48 regimes it seems a very narrow area but 0:50 there's a huge huge literature in this 0:52 and when I started back in the