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Statecrafting Monetary Authority - Democracy and Financial Order in Brazil (Paperback, New)
Loot Price: R1,471
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Statecrafting Monetary Authority - Democracy and Financial Order in Brazil (Paperback, New)
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Banking and finance are often studied as specialized domains,
governed by their own esoteric rules and concepts, and best
cordoned off from broader comparative, historical and political
considerations. This book develops an alternative approach. It
focuses on the recent, strikingly deviant, experience of Brazil but
goes well beyond that single case. It assesses financial sector
reform and the consolidation of legitimate monetary authority in an
era of globalization and democratization, and advocates the
adoption of a holistic and contextualized perspective. It explores
the cumulative potential of an incremental 'statecrafting'
approach, in contrast to recently fashionable technical 'fixes'
such as the idea that central bank independence provides a reliable
and universal remedy for all monetary ills.
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