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The Monetary System - Analysis and New Approaches to Regulation (Hardcover)
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The Monetary System - Analysis and New Approaches to Regulation (Hardcover)
Series: The Wiley Finance Series
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A groundbreaking work that paves the way for a new, pro-active
financial system With The Monetary System, innovative author
pairing Jean-Francois Serval and Jean-Pascal Tranie devise a
comprehensive economic modeling system that accounts for the
unprecedented situation facing international and regional economies
by developing a controversial new stance on the operation of money
in society. Presenting a classification of financial instruments
with a view toward their underlying legal structures, the book
sheds new light on the present economic and financial problems of
slow growth and rising debts, and proposes possible outcomes for
the global economy. The authors have already gained international
attention with their novel approach to currency, and now they turn
their attention to the social function of money in all its myriad
forms. The book provides a way forward in an era of increased life
expectancy and other new social patterns and the social role of
money provides a framework for understanding intergenerational
redistribution an urgently pressing task in our time. * New
aggregate financial categories and economic modeling reveal a
possible foundation for increased financial stability * Companion
website includes key mathematical models, accounting standards, and
PowerPoint slides * Comprehensive theoretical underpinning presents
the contemporary model of money as a social contract * Insights
into the current economic situation make sense of sovereign debt
risk in markets around the world With questions and answers at the
end of each chapter, The Monetary System will help you form a new
conception of the role of money in society. Improved regulation and
tax policies are needed to stabilize the global economy, and this
book provides the framework for getting there.
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