Monetary Theory: National and International

by Alvaro Cencini

Overview

Monetary Theory provides an alternative to monetary economics based on the distinctive properties of money banking. The book:
*Analyses money
*Shows that the distinction between money and income is rooted in the banking practice
*Examines exchange rate instability and financial crisis
*Puts forward an alternative proposal for European Monetary Union.

Product Details

ISBN-13:	9781134835973
Publisher:	Taylor & Francis
Publication date:	09/11/2002
Sold by:	Barnes & Noble
Format:	eBook
Pages:	400
File size:	1 MB

About the Author

Alvaro Cencini is Professor of Monetary Economics at the Centre for Banking Studies and at the University della Svizzera Italiana, Lugano, Switzerland. He is also a member of the Centre d’études monétaires et financières at the University of Bourgogne, France.

Table of Contents

Introduction Part I Money, production and the banking system 1 ON MONEY 2 THE MONETARY SYSTEM AND THE CENTRAL BANK 3 NATIONAL MONETARY DISEQUILIBRIA: INFLATION4 NATIONAL MONETARY DISEQUILIBRIA: DEFLATION 5 THE MONETARY INTERVENTION OF CENTRAL BANKS Part II Money and international transactions 6 INTERNATIONAL PAYMENTS WITHIN THE GOLD STANDARD AND THE GOLD-EXCHANGE STANDARD 7 INTERNATIONAL LIQUIDITY: PROBLEMS AND ATTEMPTED SOLUTIONS 8 THE INTERNATIONAL PAYMENTS PROBLEM AND THE BALANCE OF PAYMENTS 9 THE EXCHANGE RATES PROBLEM 10 TOWARDS A NEW SOLUTION TO THE CRISIS OF INTERNATIONAL PAYMENTS? 11 THE PROBLEM OF EUROPEAN MONETARY UNIFICATION 12 MONETARY HOMOGENEITY AND MONETARY SOVEREIGNTY: TWO COMPATIBLE OBJECTIVES 13 THE EXTERNAL DEBT PROBLEM 14 THE CONSEQUENCES OF EXTERNAL DEBT SERVICING 15 ELEMENTS FOR A SOLUTION TO THE EXTERNAL DEBT PROBLEM

Editorial Reviews

Provides an alternative analysis to monetary economics based on the distinctive properties of bank money. This analysis is based on principles of book entry money, with monetary problems investigated from a structural point of view. Examines exchange rate instability and financial crisis, shows that the distinction between money and income is rooted in the everyday practice of central and secondary banks, and puts forward an alternative proposal for European Monetary Union. This edition contains a new foreword by the author. Annotation c. by Book News, Inc., Portland, Or.

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