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Developments in central banking after the GFC: central banks, the state, globalisation and the GFC

In: Globalisation, the Global Financial Crisis and the State

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  • Louise Parsons

Abstract

The recent global financial crisis has challenged conventional wisdom, and our conception of globalisation has been called into question. This challenging and timely book revisits the relationship between globalisation, the crisis and the state from an interdisciplinary perspective, with law, economics and political science underpinning the analysis.

Suggested Citation

  • Louise Parsons, 2013. "Developments in central banking after the GFC: central banks, the state, globalisation and the GFC," Chapters, in: John Farrar & David G. Mayes (ed.), Globalisation, the Global Financial Crisis and the State, chapter 10, pages 218-242, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15045_10
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    References listed on IDEAS

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    1. Harold James, 2010. "Central banks: between internationalisation and domestic political control," BIS Working Papers 327, Bank for International Settlements.
    2. Claudio Borio, 2011. "Central banking post-crisis: What compass for uncharted waters?," BIS Working Papers 353, Bank for International Settlements.
    3. David G. Mayes, 2009. "The Role Of Central Banks In Financial Supervision And Regulation," Economic Affairs, Wiley Blackwell, vol. 29(3), pages 40-46, September.
    4. Gerald Epstein, 2006. "Central Banks as Agents of Economic Development," WIDER Working Paper Series RP2006-54, World Institute for Development Economic Research (UNU-WIDER).
    5. Allen, William A. & Wood, Geoffrey, 2006. "Defining and achieving financial stability," Journal of Financial Stability, Elsevier, vol. 2(2), pages 152-172, June.
    6. Charles A.E. Goodhart, 2009. "The Regulatory Response to the Financial Crisis," Books, Edward Elgar Publishing, number 13514, March.
    7. Alex Cukierman, 2011. "Reflections on the Crisis and on its Lessons for Regulatory Reforms and for Central Bank Policies," Chapters, in: Sylvester Eijffinger & Donato Masciandaro (ed.), Handbook of Central Banking, Financial Regulation and Supervision, chapter 3, Edward Elgar Publishing.
    8. Jakob Haan & Sander Oosterloo, 2006. "Transparency and accountability of central banks in their role of financial stability supervisor in OECD countries," European Journal of Law and Economics, Springer, vol. 22(3), pages 255-271, November.
    9. Tomas Otahal, 2011. "Rent-Seeking Origins of Central Banks: The Case of the Federal Reserve System," MENDELU Working Papers in Business and Economics 2011-08, Mendel University in Brno, Faculty of Business and Economics.
    10. John Farrar & David G. Mayes (ed.), 2013. "Globalisation, the Global Financial Crisis and the State," Books, Edward Elgar Publishing, number 15045, March.
    11. Charles B. Blankart & Erik R. Fasten, 2009. "Financial Crisis Resolution – The State As A Lender Of Last Resort?," Economic Affairs, Wiley Blackwell, vol. 29(3), pages 47-52, September.
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