Hugendubel.info - Die B2B Online-Buchhandlung 

Merkliste
Die Merkliste ist leer.
Bitte warten - die Druckansicht der Seite wird vorbereitet.
Der Druckdialog öffnet sich, sobald die Seite vollständig geladen wurde.
Sollte die Druckvorschau unvollständig sein, bitte schliessen und "Erneut drucken" wählen.

Balance of Power

Central Banks and the Fate of Democracies
BuchGebunden
264 Seiten
Englisch
The University of Chicago Presserschienen am29.04.2024
Central banks now stand between societies and collapse, but are they still democratic? Two decades of financial crises have dramatically expanded central banks´ powers. In 2008, and then again in 2020, unelected banking officials found themselves suddenly responsible for the public welfare-not just because it was necessary but based on an idea that their independence from political systems would insulate them from the whims of populism. Now, as international crises continue and the scope of monetary interventions grows in response, these bankers have become increasingly powerful. In Balance of Power, economist and historian Éric Monnet charts the rise of central banks as the nominally independent-but unavoidably political-superpowers of modern societies. This trajectory, Monnet argues, is neither inevitable nor unstoppable. By embracing the political natures of today´s central banks, we can construct systems of accountability for how they interact with states and societies. Monnet shows that this effort will do more than guard against unjust power; it will put the banks to work for greater, more democratic ends. With existential challenges looming and the work of the Federal Reserve and European Central Bank more important than ever, Balance of Power offers a trenchant case for what this century´s central banks can-and must-become.mehr
Verfügbare Formate
BuchGebunden
EUR26,00
E-BookEPUBDRM AdobeE-Book
EUR31,49

Produkt

KlappentextCentral banks now stand between societies and collapse, but are they still democratic? Two decades of financial crises have dramatically expanded central banks´ powers. In 2008, and then again in 2020, unelected banking officials found themselves suddenly responsible for the public welfare-not just because it was necessary but based on an idea that their independence from political systems would insulate them from the whims of populism. Now, as international crises continue and the scope of monetary interventions grows in response, these bankers have become increasingly powerful. In Balance of Power, economist and historian Éric Monnet charts the rise of central banks as the nominally independent-but unavoidably political-superpowers of modern societies. This trajectory, Monnet argues, is neither inevitable nor unstoppable. By embracing the political natures of today´s central banks, we can construct systems of accountability for how they interact with states and societies. Monnet shows that this effort will do more than guard against unjust power; it will put the banks to work for greater, more democratic ends. With existential challenges looming and the work of the Federal Reserve and European Central Bank more important than ever, Balance of Power offers a trenchant case for what this century´s central banks can-and must-become.
Details
ISBN/GTIN978-0-226-83413-9
ProduktartBuch
EinbandartGebunden
Erscheinungsjahr2024
Erscheinungsdatum29.04.2024
Seiten264 Seiten
SpracheEnglisch
MasseBreite 142 mm, Höhe 219 mm, Dicke 19 mm
Gewicht370 g
Artikel-Nr.60673735
Rubriken
GenreWirtschaft

Inhalt/Kritik

Inhaltsverzeichnis
Introduction: Central Banks as Protectors 1. Central Banks, Money, and the Welfare State 2. Money from Nowhere 3. More Problems: Buying Debt, Lending Abroad, and Going Digital 4. Central Banks Everywhere 5. Democratizing the Central Banks Afterword: The Central Bank Belongs to Democracy Notes Indexmehr

Autor

Éric Monnet is professor at the Paris School of Economics and director of studies at the School of Advanced Studies in the Social Sciences, Paris (EHESS). He was named France's best young economist by Le Monde in 2022.