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Public Banks - Decarbonisation, Definancialisation and Democratisation (Hardcover)
Loot Price: R2,858
Discovery Miles 28 580
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Public Banks - Decarbonisation, Definancialisation and Democratisation (Hardcover)
Expected to ship within 12 - 17 working days
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Public banks are banks located within the public sphere of a state.
They are pervasive, with more than 900 institutions worldwide, and
powerful, with tens of trillions in assets. Public banks are
neither essentially good nor bad. Rather, they are dynamic
institutions, made and remade by contentious social forces. As the
first single-authored book on public banks, this timely
intervention examines how these institutions can confront the
crisis of climate finance and catalyse a green and just transition.
The author explores six case studies across the globe,
demonstrating that public banks have acquired the representative
structures, financial capacity, institutional knowledge,
collaborative networks, and geographical reach to tackle
decarbonisation, definancialisation, and democratisation. These
institutions are not without contradictions, torn as they are
between contending public and private interests in class-divided
society. Ultimately, social forces and struggles shape how and if
public banks serve the public good.
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