Controlling Credit
Central Banking and the Planned Economy in Postwar France, 1948–1973
2018
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Livre de Éric Monnet · octobre 2018
Genre : HistoireIt is common wisdom that central banks in the postwar (1945–1970s) period were passive bureaucracies constrained by fixed-exchange rates and inflationist fiscal policies. This view is mostly retrospective and informed by US and UK experiences. This book tells a different story. Eric Monnet shows that the Banque de France was at the heart of the postwar financial system and economic planning, and that it contributed to economic growth by both stabilizing inflation and fostering direct lending to... Voir plus
