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. 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 ...
... international buffer - stock system . While Keynes had envisaged a gold valuation of bancor , Davidson and Guttman relinquish the idea of a commodity - based monetary ... International Financial System : Institutional Arrangements 187.
... international monetary reform . First there is the creation of an anational ... system . Bank supervision in fact scarcely gets a mention in the Maastricht ... financial institutions ( as part of the general level - playing - field policy ...
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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