LDCs, Institutions, and Money: A Response to Danby

Paul Davidson

Chapter 9 in Interpreting Keynes for the 21st Century, 2007, pp 126-129 from Palgrave Macmillan

Abstract: Abstract Danby makes several important comments on (1) the use of contracts and money in general, and (2) the question of internal liquidity in an open economy with flexible exchange rates and free convertibility, using Mexico as an example. Let’s take each in turn.

Keywords: Cash Flow; Capital Regulation; Flexible Exchange Rate; Internal Liquidity; Legal Enforcement (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230286559_9

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