Public Banks in the Age of Financialization

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Public Banks in the Age of Financialization is written by Christoph Scherrer and published by Edward Elgar Publishing. It's available with International Standard Book Number or ISBN identification 1786430665 (ISBN 10) and 9781786430663 (ISBN 13).

This book asks the important question of whether public banks are a better alternative to profit-seeking private banks. Do public banks provide finance for development? Do they serve as stability anchors in financial markets? What kind of governance keeps public banks accountable to the public? Theoretically the book draws on the works of Minsky for the question on stability and on interpretative policy analysis for the issue of governance. It compares empirically three countries with significant public banks: Brazil, Germany, and India.