The political economy of central banking in emerging economies /
edited by Mustafa Yağcı.
- 1 Edition.
- New York : Routledge, 2020.
- 1 online resource.
- Routledge critical studies in finance and stability .
"Since the start of the Global Financial Crisis in 2008, research on central banking has gained momentum due to unusual levels of central bank activism and unconventional monetary policy measures in many countries. While these policies drew significant attention to advanced economy central banks, there has been much less academic focus on central banking in emerging economies. This book extends the research on the political economy of central banking by focusing on the emerging economies in Asia, Africa, Latin America, and the European periphery. Central banks are at the heart of economic policy making and their decisions have a significant impact on the social and economic well-being of citizens. Adopting an interdisciplinary political economy perspective, the contributions in this book explore the reciprocal relations between politics, economics, and central banks, and how global and domestic political economy context influences central bank practices. The chapters employ diverse theoretical perspectives such as institutional and organisational theory, developmental state, resource dependency and gender studies, drawing on disciplines ranging from politics, international relations, public policy, management, finance, and sociology. This book will appeal to academics and students of central banking, political economy and emerging economies, as well as professionals and policy-makers engaged with central banks, monetary policy, and economic development. Mustafa Yağcı is an Assistant Professor of International Political Economy at İstinye University, İstanbul, Turkey"--