This thesis contains comparative analyses between deflation in Japan in the 1990s and the current disinflation/deflation in the European Union in the period 2008-2014. This thesis will especially...Show moreThis thesis contains comparative analyses between deflation in Japan in the 1990s and the current disinflation/deflation in the European Union in the period 2008-2014. This thesis will especially focus on the role of financial authorities in both Japan and the EU, and the measures they have taken to attack the issue of deflation. A light will be shed on the definition of deflation and on the debate on the causes, consequences and approaches on deflation in both Japan as well as the EU. Also a closer look will be taken on why several measures, taken by the financial authorities worked or did not work, especially on the areas of internal price-stability to raise public demand, and on the area of currency-appreciation to boost external demand.Show less
This article investigates the institutional makeup of the Institute of International Finance (IIF), a worldwide advocacy group representing the private financial sector. The goal is to find out...Show moreThis article investigates the institutional makeup of the Institute of International Finance (IIF), a worldwide advocacy group representing the private financial sector. The goal is to find out whether or not the IIF is subject to first-order capture: a process in which a small group of members within the organization have become the dominant powers within the larger organization. First-Order capture is closely related to regulatory capture, which has long been a subject of interest amongst scholars in the field of international political economy. Through a study of the bylaws of the IIF, the article finds that there is indeed a group within the IIF’s membership ranks, which holds an institutional advantage, which allows them to take over the direction of the IIF.This article uses but does not include the bylaws of the Institute of International Finance.Show less
