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Description
Money makes the world go around. From the earliest bartering systems to today's sophisticated electronic transfers of billions of dollars in a split second, systems of exchange have conferred value upon goods and services and created the economic glue that binds individuals, businesses, communities, and nations together. In this volume, the authors present a colorful history of money in its economic, political, socio-cultural, and even pscyhological context. The first section focuses on banks and financial institutions. The second part covers the role of currency in national sovereignty; the impact of technology; debt, credit, and equity; and money markets. The final chapters explore emerging issues, such as risk management, and emerging forms of money and investment in the electronic age. Featuring a glossary and timeline, charts and graphs, index and references, Money is an engaging introduction to this vital component of the economy.
Product details
Published | Dec 30 2006 |
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Format | Hardback |
Edition | 1st |
Extent | 256 |
ISBN | 9780313338526 |
Imprint | Greenwood |
Dimensions | 9 x 6 inches |
Series | Greenwood Guides to Business and Economics |
Publisher | Bloomsbury Publishing |
About the contributors
Reviews
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Dobeck and Elliot avoid the pitfalls of commenting on investments or making predictions about financial markets and focus instead on providing an integrated discussion of both historical development and contemporary reality while discussing the historical, philosophical and political-economic aspects of money, financial systems and globalization. They examine the history and evolution of money, monetary policy and central banks, financial institutions, currency and national sovereignty, financial exchanges, technology, capital markets and bonds, the short-term here and abroad, financial derivatives, risk management, regulation and the world to come that goes beyond money.
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