ABSTRACT

International 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, Serg

chapter |8 pages

Introduction

chapter 1|23 pages

Money and credit

chapter 2|32 pages

Banks and payments

chapter 3|25 pages

The central bank and the state

chapter 4|27 pages

International settlement systems

chapter 5|17 pages

Monetary policy strategies