The international monetary system and the theory of monetary systems
Monetary problems are important and widely debated, but the complexity of the international monetary system and the disparate systems that make it up gives rise to many fallacies about the inner workings of these systems. When shared by those who decide economic and monetary policies, these fallacie...
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| Format: | eBook |
| Language: | English |
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Northampton, MA
Edward Elgar Pub.
2016, c. 2016
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| Series: | New thinking in political economy
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| Online Access: | |
| Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
Table of Contents:
- Includes bibliographical references and index
- Part I basic statements and analyses
- 1. The concept of nation
- 2. The theory of exchange
- 3. Equilibrium and disequilibrium
- 4. The demand for money
- 5. Money creation
- 6. The exchange rate
- 7. An overview of monetary systems and exchange rate regimes
- Part II the balance of payments
- 8. The accounting approach to the balance of payments
- 9. The economic approach to the balance of payments
- 10. Lessons from the analysis of the balance of payments
- Part III international monetary equilibrium in modern monetary systems
- 11. Money creation in hierarchical systems
- 12. Inflation, a monetary phenomenon
- 13. The formation of international prices
- 14. General principles about the working of fixed exchange rate systems and flexible exchange rate systems
- 15. The monetary approach to the balance of payments (under fixed exchange rates)
- 16. The processes of transmission between monetary systems under fixed exchange rates
- 17. International monetary equi