Money and the Economic ProcessIn this important new book, Sheila Dow argues that money is integral to the economic process and that some common principles may be applied when analysing money's role at the regional, national and international levels. The importance of considering the spatial aspects of money's role has been highlighted by recent developments in Europe and elsewhere. Using a post Keynesian perspective, the first five chapters put forward a methodological and theoretical framework for a theory of money which combines endogenous credit creation and liquidity preference. The next five chapters analyse money's role in the economic process as it affects regional economies. The final two chapters adapt the theory in order to analyse finance and development in the international context, and as a basis for discussing possible international institutional reforms. Money and the Economic Process features some of Sheila Dow's most acclaimed articles and papers in this area, as well as including some new work which reveals the recent development of her thought. |
From inside the book
Results 1-3 of 21
... Injection into Centre Regional Bank Multipliers : Injection into Periphery Regional Bank Multipliers with Endogenous Expectations : Injection into Periphery 85 86 87 Table 6.4 Sensitivity Analysis Summary : Deposit and Lending ...
... injection were to occur instead in Periphery , then expectations with respect to the value of Periphery assets might be altered . The nature of the injection would of course be significant . If it were to finance a local development ...
... injection in Centre , and Table 6.6 of the injection in Periphery , with the attendant differences in expectations about future asset - values in Periphery . Both cases start off in payments equilibrium , and with savings equal to ...
Contents
Methodology and the Analysis of a Monetary Economy | 5 |
The different methodological bases of Post Keynesian | 11 |
List of Figures and Tables | 17 |
Copyright | |
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