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The Bundesbank Myth : Towards a Critique of Central Bank Independence - Jeremy Leaman

The Bundesbank Myth

Towards a Critique of Central Bank Independence

Hardcover

Published: 18th December 2000
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Until recently, central bank independence was confined to just two major capitalist countries: the USA and Germany. As a result of stagflation and the voguish espousal of neo-liberalism in the 1980s, the institution has been adopted in most OECD and in 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.

List of Chartsp. vi
List of Tablesp. vi
Prefacep. ix
Acknowledgementsp. xi
Why is Money a Problem?p. 1
Autonomy and the German Traditions of Liberalismp. 22
Constituting Autonomy - From the Reichsbank to the Bundesbankp. 52
Exercising Autonomy - From the 'Miracle Years' to the End of Bretton Woods 1958-1972p. 114
Towards Dominance - Central Bank Politics 1973-1982p. 155
The Emperor's New Clothes - Monetarism, Monetary Accumulation and the Blindness of Power 1982-1990p. 193
The Final Chapter - Germany, EMU and the Bundesbankp. 220
Concluding Remarks: Breaking the Mythp. 246
Bibliographyp. 261
Indexp. 271
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9780333738627
ISBN-10: 0333738624
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 280
Published: 18th December 2000
Publisher: Palgrave Macmillan
Country of Publication: GB
Dimensions (cm): 22.9 x 15.2  x 1.91
Weight (kg): 0.61
Edition Number: 1