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Central bank independence = cultural codes and symbolic performance /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Central bank independence/ Carlo Tognato.
Reminder of title:	cultural codes and symbolic performance /
Author:	Tognato, Carlo.
Published:	New York :Palgrave Macmillan, : 2012.,
Description:	1 online resource (xii, 204 p.)
Subject:	Banks and banking, Central -
Online resource:	http://www.palgraveconnect.com/doifinder/10.1057/9781137268839
ISBN:	9781137268839 (electronic bk.)

Central bank independence = cultural codes and symbolic performance /
Tognato, Carlo.

Central bank independencecultural codes and symbolic performance /[electronic resource] :Carlo Tognato. - 1st ed. - New York :Palgrave Macmillan,2012. - 1 online resource (xii, 204 p.) - Cultural sociology. - Cultural sociology..

Includes bibliographical references and index.

Culture and the economy -- Stability cultures and independent central banking -- The German Stabilitätskultur -- A stability culture for europe -- Stability culture and the financial crisis in America.

Since the global financial crisis the unprecedented role independent central banks have come to play in our societies has been increasingly disputed. This, in turn, has drawn greater attention to the link between their legitimacy, public support and their independence. Over the past thirty years, academics and central bankers have tried to systematically pin down the sources of central bank independence. One of them, however, culture, has continuously eluded their grip. By engaging in an ethnography of the social text of German, European and US monetary affairs, this book introduces a new analytical framework that will enable practitioners and academics, particularly within sociology, economics, political economy, and political science, to gain a clear understanding of the role of culture in central banking. Also, it will show why for an independent central bank meeting its own monetary goals may not be enough to secure public support for itself and its currency.<br/>.

ISBN: 9781137268839 (electronic bk.)

Source: 603714Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:

146473
Banks and banking, Central
Index Terms--Genre/Form:

96803
Electronic books.

LC Class. No.: HG1811 / .T64 2012

Dewey Class. No.: 332.1/1

Central bank independence = cultural codes and symbolic performance /
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520 $a Since the global financial crisis the unprecedented role independent central banks have come to play in our societies has been increasingly disputed. This, in turn, has drawn greater attention to the link between their legitimacy, public support and their independence. Over the past thirty years, academics and central bankers have tried to systematically pin down the sources of central bank independence. One of them, however, culture, has continuously eluded their grip. By engaging in an ethnography of the social text of German, European and US monetary affairs, this book introduces a new analytical framework that will enable practitioners and academics, particularly within sociology, economics, political economy, and political science, to gain a clear understanding of the role of culture in central banking. Also, it will show why for an independent central bank meeting its own monetary goals may not be enough to secure public support for itself and its currency.<br/>.
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