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The common ground between money's role in the economic process at the regional, national and international levels has been highlighted by developments in Europe. "Money and the Economic Process" provides a theoretical perspective for understandin that role, and working out policy solutions within a changing behavioural and institutional environment. Using a post-Keynesian perspective, the first five chapters emphasize the interdpendence of endogenous credit creation and liquidity preference. The next five chapters emhasize money's integral role in the economic process particularly in the field of regional economics where financial integration has traditionally been presumed to eliminate any significance for money. In the concluding two chapters, a corresponding analysis is presented of money's integral role at the national and international levels.
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