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 DEBT CRISIS AND CAPITAL FLIGHT The debt crisis provides a case study of particular interest which can serve to illuminate the theory outlined above . The conventional analysis of the debt crisis explains the massive ...
... debt default had been more pessimistic , there would simply have been a ... crisis ? Was it an ill - informed and thus faulty risk - assessment by the ... debt crisis could not recur . The banks now use a range of ratios to measure ...
... debt crisis , the delay then until 1987 when banks started to reflect the debt crisis by making debt provision in their balance sheets , and the ambivalence to the size of the US budgetary deficit until October 1987 , when a sudden ...
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 | |
18 other sections not shown