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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... private sector and public sector behaviour is retained . Their judgement in this regard is reinforced by the capacity of the monetary authorities ( subject to institutional constraints ) to be a major influence on financial markets , as ...
... private sector , is not always such as to generate the socially optimal elasticity . We turn in the next section to ... private sector to some extent , subject to public sector influence to some extent , and dependent fundamentally on ...
... private sector banks , some of which operate in more than one country , central banks which issue national currencies and international organisations , notably the IMF IMF which issues its own currency ( SDR , for intergovernmental ...
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