Central Bank Capitalism: Monetary Policy in Times of Crisis by Wullweber, Joscha

Central Bank Capitalism: Monetary Policy in Times of Crisis

Today's global financial system bears little resemblance to what it was at the end of the twentieth...
BD$61.85 BMD
BD$61.85 BMD
SKU: 9781503639621
Product Type: Books
Please hurry! Only 357 left in stock
Author: Joscha Wullweber
Format: Paperback
Language: English
Subtotal: BD$61.85
10 customers are viewing this product
Central Bank Capitalism: Monetary Policy in Times of Crisis by Wullweber, Joscha

Central Bank Capitalism: Monetary Policy in Times of Crisis

BD$61.85

Central Bank Capitalism: Monetary Policy in Times of Crisis

BD$61.85
Author: Joscha Wullweber
Format: Paperback
Language: English

Today's global financial system bears little resemblance to what it was at the end of the twentieth century. Shadow banking--financial activity taking place outside existing regulatory frameworks--has grown so important that it now serves as the backbone of the entire system. The shadow banking system, however, is highly unstable and the main reason why the financial system has remained in crisis mode since the 2008 financial crisis. To maintain stability, central banks like the Fed and the European Central Bank have come to use radical new monetary policy instruments which were inconceivable until very recently. Without intervention on the part of central banks, existing financial systems would completely collapse.

As Joscha Wullweber shows, there has been a radical change in the state-market nexus. With governments refraining from strong and comprehensive fiscal and financial regulatory policies, central banks have become the main stabilizing force and the nodal point of financial circulation. These overburdened institutions are called on to make near-daily interventions to avert crisis. Wullweber calls this historic phase central bank capitalism. His book offers a lucid account of our current state of permanent crisis with its new dilemmas and paradoxes that pose enormous challenges to financial and economic stability.



Author: Joscha Wullweber
Publisher: Stanford University Press
Published: 08/13/2024
Pages: 258
Binding Type: Paperback
Weight: 0.85lbs
Size: 9.00h x 6.00w x 0.59d
ISBN: 9781503639621

About the Author
Joscha Wullweber is Heisenberg Professor of Political Economy, Transformation and Sustainability and the director of [tra: ce] at Witten/Herdecke University, Germany

Returns Policy

You may return most new, unopened items within 30 days of delivery for a full refund. We'll also pay the return shipping costs if the return is a result of our error (you received an incorrect or defective item, etc.).

You should expect to receive your refund within four weeks of giving your package to the return shipper, however, in many cases you will receive a refund more quickly. This time period includes the transit time for us to receive your return from the shipper (5 to 10 business days), the time it takes us to process your return once we receive it (3 to 5 business days), and the time it takes your bank to process our refund request (5 to 10 business days).

If you need to return an item, simply login to your account, view the order using the "Complete Orders" link under the My Account menu and click the Return Item(s) button. We'll notify you via e-mail of your refund once we've received and processed the returned item.

Shipping

We can ship to virtually any address in the world. Note that there are restrictions on some products, and some products cannot be shipped to international destinations.

When you place an order, we will estimate shipping and delivery dates for you based on the availability of your items and the shipping options you choose. Depending on the shipping provider you choose, shipping date estimates may appear on the shipping quotes page.

Please also note that the shipping rates for many items we sell are weight-based. The weight of any such item can be found on its detail page. To reflect the policies of the shipping companies we use, all weights will be rounded up to the next full pound.

Related Products

Recently Viewed Products