The Bundesbank Myth: Towards a Critique of Central Bank Independence
|Cambridge University Press|
History and Politics, The Treatment of Capitalism by Historians, The Anticapitalist Bias of American Historians, The Treatment of Capitalism by Continental Intellectuals, The Standard of Life of the Workers in England, 1790-1830, The Factory System of the Early Nineteenth Century
Описание: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.