Kniha Central Banking and Financialization Daniela Gabor

Central Banking and Financialization

A Romanian Account of how Eastern Europe became Subprime

Autor: Daniela Gabor
Jazyk: Angličtina
Vazba: Pevná
Vydavatel: Palgrave Macmillan
Dostupnost: Skladem u dodavatele
Odesíláme za 10-13 dnů
2 365
At the beginning of 2009, Eastern Europe became the source of increasing concerns, as it was feared...

Informace o knize

Jazyk
Angličtina
Vazba
Kniha - Pevná
Vydáno
2010
Stránek
254
EAN
9780230276154
ISBN
0230276156
Enbook ID
04553303
Vydavatel
Hmotnost
420
Rozměry
143 x 223 x 20

Kompletní popis

At the beginning of 2009, Eastern Europe became the source of increasing concerns, as it was feared that the large foreign borrowing of its banking system could trigger an economic cataclysm. This book explores how and why Eastern Europe became subprime, taking Romania as a paradigmatic case study. It explains the region's vulnerability through the hegemony of neoliberal discourses and growing pressures of financialization in money and currency markets. The volume identifies central banks as key institutions in the reconstitution of formerly planned economies. It advances a conceptual approach to the political economy of central banking that distinguishes between monetary theory, policy discourse and practices of monetary management. This re-politicization is fundamental for understanding how central banks are produced through, and operate within, processes of neoliberal financialization. This book is indispensable reading for all interested in banking, monetary economics, political economy and development economics.

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