Central Banking and Financialization

This book explores the causes and effects of the rise of neoliberalism in Eastern Europe in the aftermath of the collapse of the Soviet Union. It provides a political economy analysis of the role of central banks, and identifies them as a key actor in the production and dissemination of the neoliberal economic policies.

"Some people claim that Strauss-Kahn was a 'reformer' who changed the IMF after he took over in 2009. Certainly, there was a shift in rhetoric but detailed study by Dr Daniela Gabor ... has shown that the substance is business-as-usual."- The Independent

Auteur
DANIELA GABOR is Senior Lecturer in economics at the University of the West of England, UK.

Contenu
Introduction The Political Economy of Central Banking: from Keynesianism to inflation targeting The 'Gradualist' Years: 1990-1996 The Dawn of a New Era: 1997-2005 Inflation Targeting in the Run-up to the Crisis Coping in the Subprime Region Conclusion and Implications Bibliography