Central banking, monetary policy and the common good / edited by Louis-Philippe Rochon (full professor of economics, Laurentian University, Canada, editor-in-chief, review of political economy and challenge, founding editor emeritus, review of keynesian economics and co-director, Monetary Policy Institute), Sergio Rossi (full professor of economics, University of Fribourg, Switzerland) and Guillaume Vallet (full professor of economics, Universit�e Grenoble Alpes and research fellow, Centre de Recherche en Economie de Grenoble (CREG), France).

Format:

Book

Contributor:

Rochon, Louis-Philippe, editor.

Rossi, Sergio, editor.

Vallet, Guillaume, editor.

Edward Elgar Publishing, publisher.

Series:

Elgar series on central banking and monetary policy

The elgar series on central banking and monetary policy

Language:

English

Subjects (All):

Monetary policy--Social aspects.

Monetary policy.

Banks and banking, Central.

Genre:

Electronic books.

Physical Description:

1 online resource (292 pages)

Place of Publication:

Northampton : Edward Elgar Publishing, 2026.

Summary:

"This incisive book reframes the discourse surrounding monetary policy in terms of the common good, to provide broader social benefits. Leading experts illustrate how and why the common good must be understood in the context of creating more, not less, employment. Authors adopt an innovative understanding of monetary policy interventions, analysing inflation targeting strategies and the roots of income and wealth inequalities. Evaluating the tension between central banks' independence from political pressure and dependence on the views of financial markets, the book highlights the need for institutions and policies that benefit society as a whole. Ultimately, contributors argue that the purpose of monetary policy is to contribute to the betterment of communities or society, rather than markets or individuals. Rigorous and insightful, this book is a crucial resource for students and scholars of economics and finance and also politics and public policy. It is prime reading for central bankers and politicians seeking a deeper understanding of the common good and how monetary policy impacts everyone in society"-- Provided by publisher.

Contents:

Contents: 1. Introduction to central banking, monetary policy and the common good / Louis-Philippe Rochon, Sergio Rossi and Guillaume Vallet

2. Can lonely monetary technocrats contribute to the common good? / Vadym Syrota

3. Central banking and the common good: Crisis, contestation, and transformation / Kanad Bagchi

4. Rethinking common goods in monetary policy from a financially integrated global south framework: Central banking, financial flows and the loss of monetary policy autonomy / Sanchari Choudhury

5. Financial market regulation and the common good: The failure of "too-big-to-fail" / Peter Marshall and Wesley Marshall

6. Competition for the common good: Professional trajectories and universalist claims within central bank governing bodies / Fr�ed�eric Lebaron and Aykiz Dogan

7. The monetary circuit for the common good / Louis-Philippe Rochon, Sergio Rossi and Guillaume Vallet

8. Monetary and fiscal policies as public goods: Rethinking individual policies as well as their coordination for economic growth and employment / Eduardo Strachman, Jefferson Souza Fraga and Vitor Guidorzzi Girotto

9. Monetary policy, uneven development, and accounting for spatial justice / Dan Cohen, Cameron Graham and Yongqi Ke

10. From economics to ecology: The role of central banks as agents of the common good / Sophie Harnay, Laurence Scialom and Guillaume Vallet

11. The people's bank: Reimagining central banks as institutions for the common good / Jalal Qanas and Malcolm Sawyer

12. Central bank communication for the common good: How can habermas's theory of deliberative democracy underpin central bankers' communication as an instrument to foster a sense of legitimacy? / Stefan Kesting and Hendrik Theine

13. Political aspects of tax-driven money: Redefining the common good to include everyone / Esteban Cruz Hidalgo, Stuart Medina Miltimore and Agust�in Mario.

Notes:

Description based on print record.

ISBN:

9781035348305 (e-book)

Access Restriction:

Restricted for use by site license.