Money and Payments in Theory and Practice
By (author) Sergio Rossi
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Money and Payments in Theory and Practice by Sergio Rossi
Book DescriptionInternational in scope and written by a leading young Post-Keynesian economist, this book focuses on the working of money and payments in a multi-bank settlement system within which banks and non-bank financial institutions have been expanding their operations outside their countries of incorporation. Departing from conventionally held beliefs, Sergio Rossi sets off from a positive analysis of the logical origin of money, which is the essential principle of double-entry book-keeping through which banks record all debts and credits for further reference and settlement and provides theoretical and empirical advances in explaining money endogeneity for the investigation of contemporary domestic and international monetary issues. Showing that both money and banking have profound implications for real economic activities, this innovative work is essential reading, not only for scholars in monetary economics, but also for professionals concerned with monetary policy and payments system issues.
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Book DetailsISBN: 9780415373371
(234mm x 156mm x 15mm)
Publisher: Taylor & Francis Ltd
Publish Date: 1-Feb-2005
Country of Publication: United Kingdom
Books By Author Sergio Rossi
Economic and Financial Crises, Hardback (June 2015)
This book deals with the structural origins of economic and financial crises. It explains that both economic theories and policies need to be grounded on a monetary macroeconomic analysis of the working of domestic and international economies. The volume outlines reform proposals to make sure that banking activities respect the nature of money.
Political Economy of Monetary Circuits, Hardback (October 2009)» View all books by Sergio Rossi
This book provides cutting-edge material elaborating on monetary circuit theory and post-Keynesian monetary economics. It contributes to a new approach to monetary analysis, which provides original insights into the complex fields of money, banking, and finance.
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