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 4
... Bank of England , I was involved in work on international monetary reform at the time of the suspension of dollar convertibility . I developed a particular interest in the distributional aspects of the system , a subject which I then ...
... Bank of England ( 1989 ) estimates that the accumulated level of capital flight was over 30 % of outstanding debt during the period 1981-87 . Capital flight is generally perceived as flight induced by undue domestic restrictions on ...
... Bank of England ( 1989 ) , ' Capital Flight ' , Bank of England Quarterly Bulletin , August . Barro , R.J. ( 1984 ) , ' Rational Expectations and Macroeconomics in 1984 ' , American Economic Review , Papers and Proceedings , vol . 74 ...
Contents
Methodology and the Analysis of a Monetary Economy | 5 |
Money Supply Endogeneity | 21 |
The meaning of endogeneity within a theoretical | 27 |
Copyright | |
11 other sections not shown