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Money and the Balance of Payments

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This general introduction to the theory of money and of balance of payments adjustment was originally published in 1969. It was the first book to pay full attention to the theory of assets: the relation of the supply of assets to the demand for holding them and the significance of asset movements for balance of payments adjustment. Written in simple language and with brevity, the book is intended for the student with a general knowledge of economics and economic institutions, but with no specialised knowledge of these topics.

Author(s): Tibor Scitovsky
Publisher: G. Allen & Unwin
Year: 1969

Language: English
Commentary: Converted from http://libgen.io/book/index.php?md5=CDDB3B456FF2812A355D0C26A16E39E3
Pages: 188
City: London
Tags: Balance of Payments;Money;Economy;Payments;

Preface
Part A Money
....1. The functions of money
....2. The stock of assets and the demand for holding them
....3. The creation of money
....4. The preference for money
....5. Excess demand and excess supply
....6. Money and the price level
Part B The Balance of Payments
....7. The national and international accounts
....8. The problem of the balance of payments
....9. Sources of imbalance—shifts in demand
....10. Sources of imbalance—cost disparities
....11. Sources of imbalance—shifts and disparities in asset demand and supply
....12. Payments balance and economic policy
....13. Exchange rate readjustment
....14. The role of international cooperation
....International liquidity and the reform of the adjustment mechanism
Index