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Central Bank Independence and the Legacy of the German Past Simon Mee
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Condition:
Brand New
A new, unread, unused book in perfect condition with no missing or damaged pages.
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Located in: Raeford, North Carolina, United States
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eBay item number:197703218266
Item specifics
- Condition
- Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
- ISBN
- 9781108731300
About this product
Product Identifiers
Publisher
Cambridge University Press
ISBN-10
1108731309
ISBN-13
9781108731300
eBay Product ID (ePID)
22050082837
Product Key Features
Number of Pages
371 Pages
Language
English
Publication Name
Central Bank Independence and the Legacy of the German Past
Subject
Banks & Banking, Economic History, Economic Conditions, Money & Monetary Policy
Publication Year
2021
Type
Textbook
Subject Area
Business & Economics
Format
Trade Paperback
Dimensions
Item Height
1 in
Item Weight
26.5 Oz
Item Length
9.1 in
Item Width
5.9 in
Additional Product Features
Intended Audience
Scholarly & Professional
LCCN
2019-019442
Dewey Edition
23
Reviews
'Simon Mee has written an outstanding book that probes into how the Bundesbank connected up a particular view of history with interventions in politics as well as economics. He has skilfully uncovered the origins of the German concern with 'stability culture'.' Harold James, Claude and Lore Kelly Professor in European Studies, and Director, Program in Contemporary European Politics and Society, Princeton University
Illustrated
Yes
Dewey Decimal
332.1/10943
Table Of Content
Introduction; 1. In search of the Reichsbank; 2. The Bank deutscher Länder and the foundation of West Germany, 1948-51; 3. Adenauer's challenge: the 'Gürzenich affair' and the Bank deutscher Länder, 1956-7; 4. The shadow of national socialism: Karl Blessing and the Bundesbank in 1965; 5. The Bundesbank, social democracy and the era of the 'Great Inflation', 1970-78; Conclusion.
Synopsis
This is a study of how German monetary history - in the form of the lessons learned from Germany's experience of inflation in 1922-3 and 1936-45 - became politicised in the post-war era and transformed into a political weapon in debates surrounding the establishment of West Germany's central bank and who should control monetary policy., The 2008 financial crisis led to more and more frequent political attacks on central banks. The recent spotlight on central bank independence is reminiscent of the fiery debates amongst Germany's political elites in 1949 on the same issue; debates that were sparked by the establishment of West Germany in that year. Simon Mee shows how, with the establishment of West Germany's central bank - today's Deutsche Bundesbank - the country's monetary history became a political football, as central bankers, politicians, industrialists and trade unionists all vied for influence over the legal provisions that set out the remit of the future monetary authority. The author reveals how a specific version of inter-war history, one that stresses the lessons learned from Germany's periods of inflation, was weaponised and attached to a political, contemporary argument for an independent central bank. The book challenges assumptions around the evolution of central bank independence with continued relevance today.
LC Classification Number
HG3054.M44 2019
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