Monetary Plurality in Local, Regional and Global Economies

Monetary Plurality in Local, Regional and Global Economies
Author: Georgina M. Gómez
Publisher: Routledge
Total Pages: 292
Release: 2018-10-09
Genre: Business & Economics
ISBN: 135198747X

The idea that each country should have one currency is so deeply rooted in people’s minds that the possibility of multiple and concurrent currencies seems unthinkable. Monetary systems contribute to problems of high unemployment and social distress during financial and economic crisis, so reforms to increase the responsiveness and flexibility of the monetary system can be part of the solution. This book discusses ‘monetary plurality’, which is the circulation of several currencies at the same time and space. It addresses how multiple currency circuits work together and transform socio-economic systems, particularly by supporting economies at the local level of regions and cities. The book shows that monetary plurality has been ubiquitous throughout history and persists at present because the existence of several currency circuits facilitates small-scale production and trade in a way that no single currency can accomplish on its own. Monetary plurality can improve resilience, access to livelihoods and economic sustainability. At the same time, it introduces new risks in terms of economic governance, so it needs to be properly understood. The book analyses experiences of monetary plurality in Europe, Japan, and North and South America, written by researchers from East and West and from the global North and South. Replete with case studies, this book will prove a valuable addition to any student or practitioner’s bookshelf.

Remaking Money for a Sustainable Future

Remaking Money for a Sustainable Future
Author: Ester Barinaga Martín
Publisher: Policy Press
Total Pages: 292
Release: 2024-04-30
Genre: Business & Economics
ISBN: 1529225396

EPDF and EPUB available open access under CC-BY-NC-ND licence. Money is central to capitalism and to our many sustainability crises. Could we remake money so as to advance sustainable economies and fair societies? A growing number of scholars, politicians and activists think we can, and they are doing it from the bottom up. This book examines how grassroots groups, municipalities and radical crypto-entrepreneurs are remaking money by designing and organising complementary currencies. It argues that in their novel ideas and governance practices lie the key for building green and inclusive economies. Engaging imaginatively with the future of money, this accessible book will appeal to anyone interested in constructing a more sustainable and just world.

Central Banking, Monetary Policy and the Future of Money

Central Banking, Monetary Policy and the Future of Money
Author: Vallet, Guillaume
Publisher: Edward Elgar Publishing
Total Pages: 325
Release: 2022-08-16
Genre: Business & Economics
ISBN: 1800376405

Part of The Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large, focusing on the specific relationship between central banking, monetary policy and the future of money.

A Global History of Money

A Global History of Money
Author: Akinobu Kuroda
Publisher: Routledge
Total Pages: 229
Release: 2020-03-23
Genre: Business & Economics
ISBN: 1000054578

Looking from the 11th century to the 20th century, Kuroda explores how money was used and how currencies evolved in transactions within local communities and in broader trade networks. The discussion covers Asia, Europe and Africa and highlights an impressive global interconnectedness in the pre-modern era as well as the modern age. Drawing on a remarkable range of primary and secondary sources, Kuroda reveals that cash transactions were not confined to dealings between people occupying different roles in the division of labour (for example shopkeepers and farmers), rather that peasants were in fact great users of cash, even in transactions between themselves. The book presents a new categorization framework for aligning exchange transactions with money usage choices. This fascinating monograph will be of great interest to advanced students and researchers of economic history, financial history, global history and monetary studies.

Credit, Money and Crises in Post-Keynesian Economics

Credit, Money and Crises in Post-Keynesian Economics
Author: Louis-Philippe Rochon
Publisher: Edward Elgar Publishing
Total Pages: 384
Release: 2020-07-31
Genre: Business & Economics
ISBN: 1786439557

In this volume, Louis-Philippe Rochon and Hassan Bougrine bring together key post-Keynesian voices in an effort to push the boundaries of our understanding of banks, central banking, monetary policy and endogenous money. Issues such as interest rates, income distribution, stagnation and crises – both theoretical and empirical – are woven together and analysed by the many contributors to shed new light on them. The result is an alternative analysis of contemporary monetary economies, and the policies that are so needed to address the problems of today.

Sustainable Wellbeing Futures

Sustainable Wellbeing Futures
Author: Robert Costanza
Publisher: Edward Elgar Publishing
Total Pages: 477
Release: 2020-05-29
Genre: Nature
ISBN: 1789900956

Ecological economics can help create the future that most people want – a future that is prosperous, just, equitable and sustainable. This forward-thinking book lays out an alternative approach that places the sustainable wellbeing of humans and the rest of nature as the overarching goal. Each of the book’s chapters, written by a diverse collection of scholars and practitioners, outlines a research and action agenda for how this future can look and possible actions for its realisation.

Currency Crisis

Currency Crisis
Author: Faridul Islam
Publisher: MDPI
Total Pages: 126
Release: 2019-10-16
Genre: Business & Economics
ISBN: 3039215787

Financial crises are nothing new in the annals of history of the capitalistic path of economic development; indeed, they are part of business cycle. The theoretical basis for this is well entrenched in the concept of ‘Keynesian Cross’. Tales of crises date back centuries, but have taken a new turn as the race for more globalization goes on, which involves liberalizing trade and opening up the financial sector. This has made many nations vulnerable to crises that are likely to be repeated, perhaps frequently. Based on recent experience, warning signs can be seen in the dollar-centric exchange rate, which is the mainstay for the stability of the current global financial system. To a careful observer, there is clearly fatigue in the system.

Money

Money
Author: Geoffrey Ingham
Publisher: John Wiley & Sons
Total Pages: 114
Release: 2020-01-08
Genre: Political Science
ISBN: 1509526854

Few economic phenomena provoke as much confusion as money. From the first measures of value and the physical coins that circulated at the dawn human civilization to the era of ‘virtual’ money transmitted through cyberspace, it is ubiquitous and hugely important, yet economists cannot even agree on what it is. In this pithy, accessible book, Geoffrey Ingham cuts through this tangled web of debate to bring rare clarity. Ingham begins by examining the fundamental debate over the nature of money: is it fundamentally a natural, ‘neutral’ measure of pre-existing value produced by ‘real’ economic forces? Or is it a socially produced and politically manipulated force that creates new value? He proceeds to trace the import of these competing views for how we understand our contemporary monetary systems and their practical and policy-related implications, from their role in financial crises to proposals for reform. Students of political economy, economic sociology and monetary economics will find this book an invaluable primer, as will general readers wishing to understand how money shapes their lives, from the cash in their pocket to the numbers on their computer screen.

Money in the Dutch Republic

Money in the Dutch Republic
Author: Sebastian Felten
Publisher: Cambridge University Press
Total Pages: 283
Release: 2022-03-10
Genre: Business & Economics
ISBN: 1009116479

The Dutch Republic was an important hub in the early modern world-economy, a place where hundreds of monies were used alongside each other. Sebastian Felten explores regional, European and global circuits of exchange by analysing everyday practices in Dutch cities and villages in the period 1600-1850. He reveals how for peasants and craftsmen, stewards and churchmen, merchants and metallurgists, money was an everyday social technology that helped them to carve out a livelihood. With vivid examples of accounting and assaying practices, Felten offers a key to understanding the internal logic of early modern money. This book uses new archival evidence and an approach informed by the history of technology to show how plural currencies gave early modern users considerable agency. It explores how the move to uniform national currency limited this agency in the nineteenth century and thus helps us make sense of the new plurality of payments systems today.

Institutionalist Theories of Money

Institutionalist Theories of Money
Author: Pierre Alary
Publisher: Springer Nature
Total Pages: 289
Release: 2020-12-21
Genre: Business & Economics
ISBN: 3030594831

This book gathers several important texts to offer an overview of the institutionalist approach to money developed in France since the 1980s. This material highlights the specificities of the French monetary approaches and their main contributions to the understanding of monetary phenomena - not just in developed market economies but in other societies as well. By bringing these works to an English-speaking audience for the first time, this book will provide a much needed and valuable direct insight into this subject area and contribute to related post-Keynesian, neo-chartalist and sociological approaches to money. This book highlights the need for a global vision of money and for a clearer grasp of the link between money and the political sphere. It will appeal to students and researchers across various disciplines including but not limited to economics, anthropology, sociology, history and philosophy.