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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... countries through to lowest - income developing countries . In the 1960s , credit was concentrated in the developed countries , while effective demand continued to grow . Indeed a major factor in the market's growth was the excess ...
... developing - country credit , and among developing countries ( see OECD , 1980 , p . 160 ) . Such differentials conventionally are a reflection of perceived risk differentials , although the identification is problematic ( see Kenen ...
... developing - country borrowing in the 1970s in terms of the factors causing an increase in developing- country ... countries absorbed the contractionary effects of the oil price rises ) . Demand was further enhanced by the fall in export ...
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