Public Banks in the Age of Financialization

Public Banks in the Age of Financialization
Author :
Publisher : Edward Elgar Publishing
Total Pages : 279
Release :
ISBN-10 : 9781786430663
ISBN-13 : 1786430665
Rating : 4/5 (665 Downloads)

Book Synopsis Public Banks in the Age of Financialization by : Christoph Scherrer

Download or read book Public Banks in the Age of Financialization written by Christoph Scherrer and published by Edward Elgar Publishing. This book was released on 2017-11-24 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book asks the important question of whether public banks are a better alternative to profit-seeking private banks. Do public banks provide finance for development? Do they serve as stability anchors in financial markets? What kind of governance keeps public banks accountable to the public? Theoretically the book draws on the works of Minsky for the question on stability and on interpretative policy analysis for the issue of governance. It compares empirically three countries with significant public banks: Brazil, Germany, and India.

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