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Monetary Theory: National and International
 
 

Monetary Theory: National and International [Hardcover]

Alvaro Cencini (Author)


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Book Description

0415110548 978-0415110549 May 26, 1995
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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About the Author

Alvaro Cencini is Professor of Monetary Economics at the Centre for Banking Studies in Lugano, Switzerland.

Product Details

  • Hardcover: 400 pages
  • Publisher: Routledge (May 26, 1995)
  • Language: English
  • ISBN-10: 0415110548
  • ISBN-13: 978-0415110549
  • Product Dimensions: 9 x 6 x 1 inches
  • Shipping Weight: 1.4 pounds
  • Amazon Best Sellers Rank: #5,678,570 in Books (See Top 100 in Books)

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Inside This Book (learn more)
First Sentence:
the aim of this introductory chapter is to provide a rigorous definition of bank money. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
vehicular money, double servicing, indebted residents, absolute exchange rates, simple numerical vehicle, vehicular nature, monetary homogeneity, more national currencies, positive purchasing power, price index stability, monetary intermediation, external debt servicing, monetary vehicle, servicing entails, spontaneous acknowledgement, single monetary area, destabilising pressures, unjustifiable variation, secondary banks, international speculative capital, numerical instrument, income holders, monetary intermediary, supranational bank, monetary disequilibria
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Liabilities Assets, Great Britain, United States, Bretton Woods, Bank of Italy, Bank of England, International Monetary Fund, Adam Smith, European Community, International Clearing Union, Committee of Twenty, Assets Client, Maastricht Treaty, Banque de France, Bernard Schmitt, European Council, Jacques Rueff, Banco de Portugal, Second World War, New York, Third World
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