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. |
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... theory ) with dependency theory and cumulative causation theory facilitating a further development of the idea that money plays an active role in regional disparities . This work was subsequently taken forward by combining it with ...
... dependency theory envisages continued capital inflows to peripheral regions , not as a result of equilibrating market forces , but as a vehicle for exploitation . Development of peripheral regions occurs as a result of investment from ...
... dependency theory and cumulative causation theory . Dependency theory and cumulative causation theory have traditionally been applied both to the regional and the international contexts . But Post Keynesian monetary theory in general ...
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