Shop Content Created By Professionals For Professionals

Free Delivery On Orders Above $20 In Singapore

9781509525768

Do Central Banks Serve the People?

Hardback by Peter Dietsch, François Claveau, Clément Fontan
Regular price
$65.80
Sale price
$65.80
Regular price
$65.80
Sold out
Unit price
per 

- FREE Delivery on orders above $20 within Singapore.
- International Shipping & Tax calculated at checkout.

Product Description

Central banks have become the go-to institution of modern economies. In the wake of the 2007 financial crisis, they injected trillions of dollars of liquidity – through a process known as quantitative easing – first to prevent financial meltdown and later to stimulate the economy. The untold story behind these measures, and behind the changing roles of central banks generally, is that they have come at a considerable cost.

 Central banks argue we had no choice. This book offers a powerfully original examination of why this claim is false. Using examples from Europe and the US, the authors present and analyse three specific concerns about the way central banks in developed economies operate today. Firstly, they show how unconventional monetary policies have created significant unintended negative consequences in terms of inequalities in income and wealth. They go on to argue that central banks may have become independent of governments, but have instead become worryingly dependent on financial markets. They then proceed to analyse how central bankers, despite being the undisputed experts on monetary policy, can still err and suffer from multiple forms of bias.

 This book is a sobering and urgent wake-up call for policy-makers and anyone interested in how our monetary and financial system really works.

Product Details

Format: Hardback, 140 pages Language: English
Dimension: 19.3cm x 12.7cm x 1.52cm ISBN10: 1509525769
Weight: 227g ISBN13: 9781509525768
Publication Date: 06 Jul 2018 Publisher: Polity Press

About Author

Peter Dietsch is Professor of Philosophy at Université de Montréal François Claveau is Assistant Professor of Philosophy at Université de Sherbrooke

Clément Fontan is Professor in European Economic Policies at Université catholique de Louvain

Product Reviews

Review

"This excellent book shows that central banking is a political process with profound distributional consequences. It is a must read for anyone wanting to know how central banks could work to serve the people."Daniela Gabor, University of the West of England"This highly recommended book should give political leaders pause when they ask for continued blind faith in central bank maestros."Christopher Adolph, University of Washington

FAQs

Domestic Delivery (Singapore)
- Your order will be delivered to you within 1-3 business days.
- We are delighted to be able to offer FREE delivery on all orders above $20 in Singapore.

International Delivery
- Your order will be delivered to you within 7-30 business days.
- Any applicable import duties, taxes (including VAT) and shipping charges will depend on your destination country. All chargers will be displayed at checkout.

All prices shown on the Content Binded website are in Singaporean dollars. The prices shown are inclusive of GST.

The best way to contact us is by filling in the online contact form within the Contact Us section. The form is designed to help you specify the query that you have and then direct it to a member of our customer support team that is best suited to deal with it.

We work hard to deal with your queries within 24 hours.We also welcome to receiving any suggestions or feedback as to how we can improve. All emails are read by a member of a customer support team. Please send your emails to orders@contentbinded.com

We currently ship to countries and regions seen below.

- Singapore
- Brunei Darussalam
- Hong Kong
- Indonesia
- Japan
- Korea (South)
- Macau
- Malaysia
- Philippines
- Taiwan
- Thailand
- Vietnam

x