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Finance, Development And Structural Change
Post-Keynesian Perspectives

Edited by Philip Arestis, University Director of Research, Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge and Fellow, Wolfson College, UK and Victoria Chick, Professor of Economics, University College London, UK
1995 336 pp Hardback 978 1 85278 656 4 £73.00 on-line discount £65.70

‘Since the contributions address some of the key issues of finance, development and structural change, the book deserves to be read not only by academics, but also by policymakers.’
– Mojmir Mrak, Development and International Cooperation

‘I highly recommend this volume. In addition to providing an excellent account of existing knowledge, it is highly suggestive of a wide range of possible future research projects. The style is such that the papers would be accessible to advanced undergraduates, but economists with varying degrees of involvement in the area would benefit in different ways from the rich array of material on offer.’
– Sheila C. Dow, Review of Political Economy

This important book applies a post-Keynesian perspective to the financial problems of economic development, restructuring in Eastern Europe, and the creation of a single market in the European Union.

Distinguished authors have prepared important new papers which take existing institutions into account, reaffirm the causal priority of investment over saving and the distinction between finance and funding, focus on the macroeconomic repercussions of the finance of growth and structural change, and reassert Keynes’s concern for symmetry in balance of payments adjustment.

Contents: Introduction Part I: Money and Credit in Less Developed Countries Part II: Money and Structural Change in Europe: East and West Index Contributors: P.Arestis, K. Bain, A.K. Dutt, E.V.K. Fitzgerald, J. Grahl, J. Halevi, J. Jesperson, J.A. Kregel, J.G. Palma, A. Singh, R. Studart, R. Tamborini, F. Targetti, G. Thompson, A. Tylecote



This book is part of the Post-Keynesian Economics Study Group. To view the rest of the series, please use the link.

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