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Banking on Reform: Political Parties and Central Bank Independence in the Industrial Democracies (Michigan Studies in International Political Economy) 🔍
WILLIAM BERNHARD, William T. Bernhard The University of Michigan Press, 2002, 2002
英语 [en] · PDF · 10.0MB · 2002 · 📗 未知类型的图书 · 🚀/duxiu/zlibzh · Save
描述
Examines the political determinants of recent reforms to monetary policy institutions in the industrial democracies
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Banking on Reform examines the political determinants of recent reforms to monetary policy institutions in the industrial democracies. With these reforms, political parties have sought to draw on the political credibility of an independent central bank to cope with electoral consequences of economic internalization and deindustrialization.
New Zealand and Italy made the initial efforts to grant their central banks independence. More recently, France, Spain, Britain, and Sweden have reformed their central banks' independence. Additionally, members of the European Union have implemented a single currency, with an independent European central bank to administer monetary policy.
Banking on Reform stresses the politics surrounding the choice of these institutions, specifically the motivations of political parties. Where intraparty conflicts have threatened the party's ability to hold office, politicians have adopted an independent central bank. Where political parties have been secluded from the political consequences of economic change, reform has been thwarted or delayed. The drive toward a single currency also reflects these political concerns. By delegating monetary policy to the European level, politicians in the member states removed a potentially divisive issue from the domestic political agenda, allowing parties to rebuild their support constructed on the basis of other issues. William T. Bernhard provides a variety of evidence to support his argument, such as in-depth case accounts of recent central bank reforms in Italy and Britain, the role of the German Bundesbank in the policy process, and the adoption of the single currency in Europe. Additionally, he utilizes quantitative and statistical tests to enhance his argument.
This book will appeal to political scientists, economists, and other social scientists interested in the political and institutional consequences of economic globalization.
William T. Bernhard is Assistant Professor of Political Science, University of Illinois, Urbana-Champaign.
备用文件名
duxiu/initial_release/BANKING ON REFORM_40423621.zip
备用文件名
zlibzh/no-category/WILLIAM BERNHARD, William T. Bernhard/BANKING ON REFORM_38067837.pdf
备用出版商
MyiLibrary
备用版本
Michigan studies in international political economy, Ann Arbor, United States, 2002
备用版本
Michigan Studies In International Political Economy, 2009
备用版本
University of Michigan Press, Ann Arbor, 2002
备用版本
United States, United States of America
备用版本
Ann Arbor, MI, United States, 2003
备用版本
Illustrated, 2002
备用版本
Ann Arbor, 2009
备用版本
April 30, 2002
元数据中的注释
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filepath:第一部分/37/40423621.zip
元数据中的注释
Указ.
Библиогр.: с. 209-229
元数据中的注释
РГБ
元数据中的注释
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备用描述
<i>Banking on Reform</i> examines the political determinants of recent reforms to monetary policy institutions in the industrial democracies. With these reforms, political parties have sought to draw on the political credibility of an independent central bank to cope with electoral consequences of economic internalization and deindustrialization.<br>
New Zealand and Italy made the initial efforts to grant their central banks independence. More recently, France, Spain, Britain, and Sweden have reformed their central banks' independence. Additionally, members of the European Union have implemented a single currency, with an independent European central bank to administer monetary policy.<br>
<i>Banking on Reform</i> stresses the politics surrounding the choice of these institutions, specifically the motivations of political parties. Where intraparty conflicts have threatened the party's ability to hold office, politicians have adopted an independent central bank. Where political parties have been secluded from the political consequences of economic change, reform has been thwarted or delayed. The drive toward a single currency also reflects these political concerns. By delegating monetary policy to the European level, politicians in the member states removed a potentially divisive issue from the domestic political agenda, allowing parties to rebuild their support constructed on the basis of other issues. William T. Bernhard provides a variety of evidence to support his argument, such as in-depth case accounts of recent central bank reforms in Italy and Britain, the role of the German Bundesbank in the policy process, and the adoption of the single currency in Europe. Additionally, he utilizes quantitative and statistical tests to enhance his argument.<br>
This book will appeal to political scientists, economists, and other social scientists interested in the political and institutional consequences of economic globalization.<br>
William T. Bernhard is Assistant Professor of Political Science, University of Illinois, Urbana-Champaign.<br>
备用描述
"In the recent past, most industrial democracies have drastically transformed their monetary policy institutions, making their central banks more independent of direct political control. New Zealand and Italy made the initial efforts to grant independence to their central banks. More recently, France, Spain, Britain, and Sweden have reformed their central banks' independence.
Additionally, members of the European Union have implemented a single currency, with an independent European central bank to administer monetary policy.".
"Banking on Reform stresses the politics surrounding the choices of these institutions, specifically the motivations of political parties. Where intraparty conflicts have threatened a party's ability to hold office, politicians have adopted an independent central bank. Additionally, where political parties have been secluded from the political consequences of economic change, reform has been thwarted or delayed.
Many political parties have modified their policy priorities and electoral strategies to balance these conflicting interests and rebuild social coalitions, including monetary reforms."--BOOK JACKET.
开源日期
2024-06-13
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