An alternative stability pact for the European Union

Article Abstract:

Research developing an alternative pact for economic growth and stability in the European Union to replace the pact which accompanied the introduction of the common currency in January 1999 is presented. Particular attention is given to issues concerning the development of an investment bank.

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Aggregate demand, conflict and capacity in the inflationary process

Article Abstract:

The role played by aggregate demand, conflicts and capacities in developing constant inflationary processes is presented, by focusing on alternative perspective on inflation to that of the non-accelerating inflation rate of unemployment (NAIRU).

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The nature and role of monetary policy when money is endogenous

Article Abstract:

The analysis of the impact of the interest rate policy and the monetary policy, on the modelling of the creation of endogenous credit money within the private sector, is presented.

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