Store besparelser
Hurtig levering
Gemte
Log ind
0
Kurv
Bøger
Bestsellers
Kommer snart
Nyheder
Spil og hobby
Hjem
Kategorier
Bestsellers
Kommer snart
Nyheder
FAQ
Konto
Kontakt
Kurv
  1. Bog
  2. Makroøkonomi
  3. Monetær økonomi

Central Bank Capitalism

- Monetary Policy in Times of Crisis
Af: Joscha Wullweber Engelsk Paperback

Central Bank Capitalism

- Monetary Policy in Times of Crisis
Af: Joscha Wullweber Engelsk Paperback
Tjek vores konkurrenters priser

Today''s global financial system bears little resemblance to what it was at the end of the twentieth century. Shadow banking—financial activity taking place outside existing regulatory frameworks—has grown so important that it now serves as the backbone of the entire system. The shadow banking system, however, is highly unstable and the main reason why the financial system has remained in crisis mode since the 2008 financial crisis. To maintain stability, central banks like the Fed and the European Central Bank have come to use radical new monetary policy instruments which were inconceivable until very recently. Without intervention on the part of central banks, existing financial systems would completely collapse.

As Joscha Wullweber shows, there has been a radical change in the state-market nexus. With governments refraining from strong and comprehensive fiscal and financial regulatory policies, central banks have become the main stabilizing force and the nodal point of financial circulation. These overburdened institutions are called on to make near-daily interventions to avert crisis. Wullweber calls this historic phase central bank capitalism. His book offers a lucid account of our current state of permanent crisis with its new dilemmas and paradoxes that pose enormous challenges to financial and economic stability.

Vis mere
Tjek vores konkurrenters priser
Normalpris
kr 259
Fragt: 39 kr
6 - 8 hverdage
20 kr
Pakkegebyr
God 4 anmeldelser på
Tjek vores konkurrenters priser

Today''s global financial system bears little resemblance to what it was at the end of the twentieth century. Shadow banking—financial activity taking place outside existing regulatory frameworks—has grown so important that it now serves as the backbone of the entire system. The shadow banking system, however, is highly unstable and the main reason why the financial system has remained in crisis mode since the 2008 financial crisis. To maintain stability, central banks like the Fed and the European Central Bank have come to use radical new monetary policy instruments which were inconceivable until very recently. Without intervention on the part of central banks, existing financial systems would completely collapse.

As Joscha Wullweber shows, there has been a radical change in the state-market nexus. With governments refraining from strong and comprehensive fiscal and financial regulatory policies, central banks have become the main stabilizing force and the nodal point of financial circulation. These overburdened institutions are called on to make near-daily interventions to avert crisis. Wullweber calls this historic phase central bank capitalism. His book offers a lucid account of our current state of permanent crisis with its new dilemmas and paradoxes that pose enormous challenges to financial and economic stability.

Vis mere
Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 258
ISBN-13: 9781503639621
Indbinding: Paperback
Udgave:
ISBN-10: 1503639622
Kategori: Monetær økonomi
Udg. Dato: 13 aug 2024
Længde: 17mm
Bredde: 152mm
Højde: 228mm
Forlag: Stanford University Press
Oplagsdato: 13 aug 2024
Forfatter(e): Joscha Wullweber
Forfatter(e) Joscha Wullweber

Kategori Monetær økonomi

ISBN-13 9781503639621

Sprog Engelsk

Indbinding Paperback

Sider 258

Udgave

Længde 17mm

Bredde 152mm

Højde 228mm

Udg. Dato 13 aug 2024

Oplagsdato 13 aug 2024

Forlag Stanford University Press

Vi anbefaler også
Rosamunde Pilcher Vejen hjem
Vejen hjem
Rosamunde Pilcher
66 kr
Kategori sammenhænge