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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... BANK MULTIPLIERS WITH A NATIONAL BANKING SYSTEM The type of regional banking structure denoted above involves regionally - based banks , as in the US . Banks are constrained by the availability of reserves , although the nationwide ...
... system as it developed its national character . Canadian banking legislation , largely imposed by the British government , reflected the concerns of the British banking system of the early nineteenth century ( notably the 1844 and 1845 ...
Sheila C. Dow. THE INTERNATIONAL FINANCIAL SYSTEM The international financial system consists of a wide range of private sector banks , some of which operate in more than one country , central banks which issue national currencies and ...
Contents
Methodology and the Analysis of a Monetary Economy | 5 |
Money Supply Endogeneity | 21 |
The meaning of endogeneity within a theoretical | 27 |
Copyright | |
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