Manuela Moschella Unexpected Revolutionaries: How Central Banks Made and Unmade Economic Orthodoxy 9781501774850

Варианты приобретения

Цена: 35070.00T
Кол-во:
Наличие: Поставка под заказ. Есть в наличии на складе поставщика.
Склад Америка: 180 шт.
При оформлении заказа до:
Ориентировочная дата поставки:
При условии наличия книги у поставщика.

Добавить в корзину

в Мои желания

Автор: Manuela Moschella
Название: Unexpected Revolutionaries: How Central Banks Made and Unmade Economic Orthodoxy
ISBN: 9781501774850
Издательство: Mare Nostrum (Eurospan)
Классификация:

Политика центрального правительства

Монетарная экономика

Международная экономика

Политэкономия

ISBN-10: 1501774859
Обложка/Формат: Hardback
Страницы: 204
Вес: 0.91 кг.
Дата издания: 15.05.2024
Серия: Cornell studies in money
Язык: English
Иллюстрации: 11 graphs
Размер: 238 x 162 x 21
Ключевые слова: Central government policies,International economics,Monetary economics,Political economy, BUSINESS & ECONOMICS / Money & Monetary Policy,POLITICAL SCIENCE / International Relations / Trade & Tariffs,POLITICAL SCIENCE / Public Policy / Economic Policy
Подзаголовок: How central banks made and unmade economic orthodoxy
Рейтинг:
Поставляется из: Англии
Описание:

In Unexpected Revolutionaries, Manuela Moschella investigates the institutional transformation of central banks from the 1970s to the present.

Central banks are typically regarded as conservative, politically neutral institutions that uphold conventional macroeconomic wisdom. Yet in the wake of the 2008 global financial crisis and the 2020 Covid-19 crisis, central banks have upended observer expectations by implementing largely unknown and unconventional monetary policies. Far from abiding by well-established policy playbooks, central banks now engage in practices such as providing liquidity support for a wide range of financial institutions and quantitative easing, and have even stretched the remit of monetary policy into issues such as inequality and climate change.

Moschella argues that the political nature of central banks lies at the heart of these transformations. While formally independent, central banks need political support to justify their policies and powers, and to obtain it, they carefully manage their reputation among their audienceselected officials, market actors, citizens. Challenged by reputational threats brought about by twenty-first century recessionary and deflationary forces, central banks such as the Federal Reserve System and the European Central Bank strategically deviated from orthodox monetary policies to preempt or manage political backlash and to regain public trust. Central banks so evolved into a new role only in coordination with fiscal authorities and on the back of public contestation.

Eye-opening and insightful, Unexpected Revolutionaries is necessary reading for discussions on the future of the neoliberal macroeconomic regime, the democratic oversight of monetary policymaking, and the role that central banks can—or cannot—play in our domestic economies.

Дополнительное описание: Central / national / federal government policies|Monetary economics|International economics|Political economy

Unexpected Revolutionaries: How Central Banks Made and Unmade Economic Orthodoxy, Manuela Moschella