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Christian Socialism (Hardcover)
Philip Turner; Foreword by Stanley Hauerwas
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R1,108
R899
Discovery Miles 8 990
Save R209 (19%)
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Ships in 10 - 15 working days
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Macroprudential policy is perhaps the most important new
development in central bank policymaking circles since the global
financial crisis, and reliance on such policies has continued to
spread. The crisis, which showed the limits of conventional
monetary policy as a tool to deal with financial stability, forced
a wide-ranging rethink of economic policies, their interactions and
their repercussions. It has led to new forms of intervention, of
regulation and of supervisory practice. Macroprudential regulation
is now one of the most important topics in modern macroeconomics,
because it concerns measures put in place to reduce the risks and
costs of the instability caused by financial crises. Written by
senior figures from the worlds of academia and banking, this volume
combines theoretical approaches with hard evidence of the policy's
achievements in many countries. It is the first in-depth analysis
of macroprudential instruments for policymakers, banks and
economists.
Macroprudential policy is perhaps the most important new
development in central bank policymaking circles since the global
financial crisis, and reliance on such policies has continued to
spread. The crisis, which showed the limits of conventional
monetary policy as a tool to deal with financial stability, forced
a wide-ranging rethink of economic policies, their interactions and
their repercussions. It has led to new forms of intervention, of
regulation and of supervisory practice. Macroprudential regulation
is now one of the most important topics in modern macroeconomics,
because it concerns measures put in place to reduce the risks and
costs of the instability caused by financial crises. Written by
senior figures from the worlds of academia and banking, this volume
combines theoretical approaches with hard evidence of the policy's
achievements in many countries. It is the first in-depth analysis
of macroprudential instruments for policymakers, banks and
economists.
In most of the currency crises of the 1990s, the largest output
falls have occurred in those emerging economies with large currency
mismatches, a phenomenon that occurs when assets and liabilities
are denominated in different currencies such that net worth is
sensitive to changes in the exchange rate. Currency mismatching
makes crisis management much more difficult since it constrains the
willingness of the monetary authority to reduce interest rates in a
recession (for fear of initiating a large fall in the currency that
would bring with it large-scale insolvencies). The mismatching also
produces a "fear of floating" on the part of emerging economies,
sometimes inducing them to make currency-regime choices that are
not in their own long-term interest. Morris Goldstein and Philip
Turner summarize what is known about the origins of currency
mismatching in emerging economies, discuss how best to define and
measure currency mismatching, and review policy options for
reducing the size of the problem.
This book introduces Christian ethics from a theological
perspective. Philip Turner, widely recognized as a leading expert
in the field, explores the intersection of moral theology and
ecclesiology, arguing that the focus of Christian ethics should not
be personal holiness or social reform but the common life of the
church. A theology of moral thought and practice must take its cues
from the notion that human beings, upon salvation, are redeemed and
called into a life oriented around the community of the church.
This book distills a senior scholar's life work and will be valued
by students of Christian ethics, theology, and ecclesiology.
Current debates over a host of issues, particularly those relating
to homosexuality, have left the 70-million-member Anglican
Communion straining to understand what it means to be a communion
-- and even wondering whether life as a communion is possible.
In this timely book two priest-scholars, Ephraim Radner and
Philip Turner, examine the future of the concept of "communion" as
a viable church structure, tracing its historical development as a
self-conscious Anglican third way between Protestant
congregationalism and Catholic centralism. In examining this
essential issue, Radner and Turner relate the specific challenges
of the U.S. Episcopal Church to the unity of the worldwide
communion, touching on such divisive subjects as the place of
Scripture, liberal theology, and episcopal authority. Their
discussion is at once measured and impassioned, erudite and
practical.
Compelling reading for Episcopalians and those in other
traditions who are searching for a truly Christian approach to
these thorny topics, "The Fate of Communion" is a forthright,
direct examination of a church in tu
These essays from a variety of authors address issues of sexuality
in modern lives, including the roles of men and women, friendship,
the single life, temporary relationships, and marriage.
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