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Bundesbank Myth: Towards a Critique of Central Bank Independence Jeremy Leaman

Bundesbank Myth: Towards a Critique of Central Bank Independence

Jeremy Leaman

Published May 10th 2014
ISBN : 9781283648233
ebook
293 pages
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 About the Book 

Until recently, central bank independence was confined to just two major capitalist countries: the USA and Germany. As a result of stagflation and the voguish espousal of neo-liberalism in the 1980s, the institution has been adopted in most OECD and in many other countries. This book questions the principle of autonomy, examining the Bundesbank in historical context and exposing the flaws in both the technical and the political case for the wholesale adoption of the Bundesbank model by other states.