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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.
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Yes, you can access The Bundesbank Myth by J. Leaman in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & International Relations. We have over one million books available in our catalogue for you to explore.
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Table of contents
- Cover
- The Bundesbank Myth
- Contents
- List of Charts
- List of Tables
- Preface
- Acknowledgements
- 1 Why is Money a Problem?
- 2 Autonomy and German Traditions of Liberalism
- 3 Constituting autonomy â from the Reichsbank to the Bundesbank
- 4 Exercising Autonomy From the âMiracleâ Years to the End of Bretton Woods (1958â1972)
- 5 Towards Dominance: Central Bank Politics 1973â1982
- 6 The Emperorâs New Clothes: Monetarism, Monetary Accumulation and the Blindness of Power 1982â1990
- 7 The Final Chapter? Germany, EMU and the Bundesbank
- 8 Concluding Remarks: Breaking the Myth
- Bibliography
- Index