IDEAS home Printed from https://ideas.repec.org/a/nos/voprec/y2017id427.html
   My bibliography  Save this article

Money and Economy (on the book by M. A. Portnoy “Money in National and World Economies”)

Author

Listed:
  • V. Klinov

Abstract

The evolution of money’s nature and functions to evaluate prices of goods and services, to preserve and increase assets holdings as well as to serve as a means of payments is presented by the author in connection with the development of advanced economies. Сredit money superiority over commodity money has been proved. The truth of the statement is supported by the fact that commodity money had been practically displaced in advanced economies by the beginning of the XX century. The 1970-s changeover from Bretton-Woods to Jamaica system of currency payments marked the end of commodity money era on a global scale. The research of money’s nature and functions development is of special interest due to original presentation by the author of such globally acute problems as USA persistent deficit of trade balance and federal budget as well as US national debt rise. The author has presented the trends observed as appropriate for the global industry development. He has also advanced the idea of a new approach towards economy globalization to make the process controllable.

Suggested Citation

  • V. Klinov, 2017. "Money and Economy (on the book by M. A. Portnoy “Money in National and World Economies”)," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 12.
    • Handle: RePEc:nos:voprec:y:2017:id:427
    DOI: 10.32609/0042-8736-2017-12-120-130
    as

    Download full text from publisher

    File URL: https://www.vopreco.ru/jour/article/viewFile/427/427
    Download Restriction: no
    File URL: https://libkey.io/10.32609/0042-8736-2017-12-120-130?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nos:voprec:y:2017:id:427. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: NEICON (email available below). General contact details of provider: https://www.vopreco.ru .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.