Controlling Credit

Controlling Credit

Central Banking and the Planned Economy in Postwar France, 1948-1973

Monnet, Eric

Cambridge University Press






15 a 20 dias

This book provides a new perspective on the history of central banking, finance and growth before the financial liberalization of the 1980s. Monnet combines economic and historical methods in a novel way that will appeal to historians, economists, political scientists, and policymakers interested in current financial and monetary policies.
Introduction; Part I. Institutionalizing Credit: Introduction to Part I: chronology and methodology; 1. French credit policies before 1945; 2. The nationalization of credit from 1945 to the late 1950s; 3. Development then gradual de-institutionalization: the 1960s and 1970s; Part II. Managing Credit: 4. Monetary policy without interest rates. Domestic macroeconomic effects and international issues of credit controls; 5. Blurred lines. The two faces of Banque de France loans to the Treasury (1948-73); 6. Financing the postwar Golden Age. The Banque de France, 'investment credit' and capital allocation; 7. The rise and fall of national credit policies. Implications for the history of European varieties of capitalism and monetary integration; Conclusion.
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