Limit search to available items
Book Cover
E-book
Author Tognato, Carlo.

Title Central bank independence : cultural codes and symbolic performance / Carlo Tognato
Edition 1st ed
Published New York : Palgrave Macmillan, 2012

Copies

Description 1 online resource (xii, 204 pages)
Series Cultural sociology
Cultural sociology.
Contents Culture and the economy -- Stability cultures and independent central banking -- The German Stabilitätskultur -- A stability culture for europe -- Stability culture and the financial crisis in America
Summary Since the global financial crisis the unprecedented role independent central banks have come to play in our societies has been increasingly disputed. This, in turn, has drawn greater attention to the link between their legitimacy, public support and their independence. Over the past thirty years, academics and central bankers have tried to systematically pin down the sources of central bank independence. One of them, however, culture, has continuously eluded their grip. By engaging in an ethnography of the social text of German, European and US monetary affairs, this book introduces a new analytical framework that will enable practitioners and academics, particularly within sociology, economics, political economy, and political science, to gain a clear understanding of the role of culture in central banking. Also, it will show why for an independent central bank meeting its own monetary goals may not be enough to secure public support for itself and its currency.<br/>
Bibliography Includes bibliographical references and index
Notes English
Print version record
Subject Banks and banking, Central -- Case studies
BUSINESS & ECONOMICS -- Banks & Banking.
Banks and banking, Central
Notenbank
Genre/Form Case studies
Form Electronic book
ISBN 9781137268839
1137268832
9781283947152
1283947153
9781137310163
1137310162