Democracy's Privileged Few: Legislative Privilege and Democratic Norms in the British and American Constitutions
Why should a developing country surrender its power to create money by adopting an international currency as its own? This comprehensive book explores the currency problems that developing countries face and offers sound, practical advice for policymakers on how to deal with them. Manuel Hinds, who has extensive experience in real-world economic policy-making, challenges the myths that surround domestic currencies and shows the clear rationality for dollarization or the use of a standard international currency. The book opens with an entertaining story of the Devil who, through a series of common macroeconomic manoeuvres, coaches the President of a mythical country into financial ruin and purchases its entire assets for $1.50. The path this ruler took is one taken by several developing countries and has resulted in financial crises and political upheaval. Hinds goes on to introduce new ways of thinking about financial systems and monetary behavior in Third World countries. He provides an essential, incisive guide not only to making currency decisions but also to executing them successfully.
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1 Lex Parliamenti vs Lex Terrae
2 Political Questions and Nonjusticiability
3 Free Speech in Parliament
4 Free Speech in Congress
5 Freedom from Civil Arrest and Legal Process for Members of Parliament
6 Freedom from Civil Arrest for Members of Congress
7 Disputed Parliamentary Elections
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