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
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Sheila C. Dow. 9 . The Capital Account and Regional Balance of Payments Problems This chapter is a slightly amended version of an article of the same title which was published in Urban Studies ... Balance of Payments Problems Introduction.
... balance of payments problem , and the associated adjustment mechanisms . Attention is focused in the following section on the capital account ( referring to portfolio ... Balance of Payments Problems 123 The balance of payments of a region.
... balance of payments in Table 9.1 . If there is no official reserves component , then , in order for the balance of payments to sum overall to zero , the capital ... Balance of Payments Problems 127 Regional balance of payments problems.
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