Until recently, central bank independence was confined to the US and Germany. As a result of stagflation and the espousal of neo-liberalism in the 1980s, central bank independence has been adopted in most developed and many other countries. This book questions the principle of autonomy, examining the Bundesbank in historical context, and exposing the flaws in both the technical and the political case for the wholesale adoption of the Bundesbank model by other states.
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About the Author
Jeremy Leaman is Senior Lecturer in the Department of European Studies at Loughborough University. His specialist research field is the political economy of modern Germany. He is author of The Political Economy of West Germany 1945-1985; he has co-edited two other volumes and written numerous chapters and articles on related subjects.
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Inside This Book
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First Sentence:
The context of monetary policy is multi-faceted and complex. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
autonomous central banking, central bankism, stagflationary crisis, monetary accumulation, central bank money stock, central bank council, minimum reserve ratios, rediscount quotas, logical neutrality, central bank autonomy, market mayhem, central bank rates, corporate reserves, central bank discount rates, dependent central banks, real accumulation, rentier income, monetary targeting, bank liquidity Key Phrases - Capitalized Phrases (CAPs): (learn more)
Deutsche Bundesbank, Bretton Woods, Central Bank Council, Bundesbank Law, First World, The Economist, Weimar Republic, Der Spiegel, Bank of England, Federal Reserve, New York, United States, David Marsh, Helmut Schmidt, Economic Outlook, Economics Ministry, The German Reichsbank, Ellen Kennedy, End of Reparations, Federal Republic, Frankfurter Rundschau, Reparations Commission, Weimarer Republik, Central Committee, Deutsches Institut New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
The context of monetary policy is multi-faceted and complex. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
autonomous central banking, central bankism, stagflationary crisis, monetary accumulation, central bank money stock, central bank council, minimum reserve ratios, rediscount quotas, logical neutrality, central bank autonomy, market mayhem, central bank rates, corporate reserves, central bank discount rates, dependent central banks, real accumulation, rentier income, monetary targeting, bank liquidity Key Phrases - Capitalized Phrases (CAPs): (learn more)
Deutsche Bundesbank, Bretton Woods, Central Bank Council, Bundesbank Law, First World, The Economist, Weimar Republic, Der Spiegel, Bank of England, Federal Reserve, New York, United States, David Marsh, Helmut Schmidt, Economic Outlook, Economics Ministry, The German Reichsbank, Ellen Kennedy, End of Reparations, Federal Republic, Frankfurter Rundschau, Reparations Commission, Weimarer Republik, Central Committee, Deutsches Institut New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 36
books:
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1
book
cites this book:
- The Question of Europe by Perry Anderson on page 14, Back Matter (1), and Back Matter (2)
- Central Bank's Independence in Historical Perspective on page 55, Back Matter (1), and Back Matter (2)
- Economic Policy 32 by Georges De Menil on page 154, page 223, and Back Matter
- The Rules of the Game: Cross-Disciplinary Essays on Models in Scholarly Thought; by Ta London on page 59, and Back Matter
- Financial Claims and Derivatives by David King on page 206, and page 208
See all 36 books this book cites
- Regaining Europe: An Economic Agenda for the 21st Century by George Irvin in Back Matter
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