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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 Charts||p. vi|
|List of Tables||p. vi|
|Why is Money a Problem?||p. 1|
|Autonomy and the German Traditions of Liberalism||p. 22|
|Constituting Autonomy - From the Reichsbank to the Bundesbank||p. 52|
|Exercising Autonomy - From the 'Miracle Years' to the End of Bretton Woods 1958-1972||p. 114|
|Towards Dominance - Central Bank Politics 1973-1982||p. 155|
|The Emperor's New Clothes - Monetarism, Monetary Accumulation and the Blindness of Power 1982-1990||p. 193|
|The Final Chapter - Germany, EMU and the Bundesbank||p. 220|
|Concluding Remarks: Breaking the Myth||p. 246|
|Table of Contents provided by Syndetics. All Rights Reserved.|
Number Of Pages: 280
Published: 18th December 2000
Country of Publication: GB
Dimensions (cm): 22.23 x 14.61 x 1.91
Weight (kg): 0.57
Edition Number: 1