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Monetary Theory
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Monetary Theory : National and International

Book Details

Format Paperback / Softback
ISBN-10 0415110556
ISBN-13 9780415110556
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date May 15th, 1997
Print length 394 Pages
Weight 453 grams
Ksh 11,850.00
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Traditional approaches to monetary economics have not been successful in anticipating or explaining crises. This book argues for a fundamental reinterpretation of money, along Keynesian lines.
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.

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