Controlling credit central banking and the planned economy in postwar France, 1948-1973
It is common wisdom that central banks in the postwar (1945-1970s) period were passive bureaucracies constrained by fixed-exchange rates and inflationist fiscal policies. This view is mostly retrospective and informed by US and UK experiences. This book tells a different story. Eric Monnet shows tha...
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| Format: | eBook |
| Language: | English |
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Cambridge
Cambridge University Press
2018
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| Series: | Studies in macroeconomic history
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| Online Access: | |
| Collection: | Cambridge Books Online - Collection details see MPG.ReNa |
Table of Contents:
- French credit policies before 1945
- The nationalization of credit from 1945 to the late 1950s
- Development then gradual de-institutionalization : the 1960s and 1970s
- Monetary policy without interest rates : domestic macroeconomic effects and international issues of credit controls
- Blurred lines : The two faces of Banque de France loans to the treasury (1948-1973)
- Financing the postwar golden age : the Banque de France, "investment credit" and capital allocation
- The rise and fall of national credit policies : implications for the history of European varieties of capitalism and monetary integration