Search results for ""Author Christoph Scherrer""

Are public banks a better alternative to private banks? Do they provide sufficient finance for development? Do they serve as stability anchors in financial markets? This is an invaluable comparison of public banks from countries at different economic development levels. The contributors highlight both the benefits of public banks and their governance failures, overcoming the sterile debate of private versus public.Empirically analyzing three countries with significant public banks - Brazil, Germany and India – contributors support the Keynesian argument that public banks can contribute to employment by stabilizing the business cycle and by providing finance on a long-term basis. Taking cues from critical interpretative policy analysis, it is argued that neither changes in the incentive structure of management, nor institutional fora for public deliberations will prevent irresponsible behavior. Management’s perception of the mission of public banks has to change, as well as its understanding of their role in society.Public Banks in the Age of Financialization will give insight to advanced students of finance, comparative politics and public management. Policy experts and public bank managers will also benefit from the in-depth case studies that provoke discussion on both the positives and negatives of public banks.Contributors include: O. Butzbach, P. Chavan, S. Deos, M. Dieterle, K. Mettenheim, A. Nunes Ferreira, X. Polikhronidi, M. Rajeev, A.R. Ribeiro de Mendonça, C. Ruocco, C. Scherrer, D. Seikel, H. Semenyshyn, B.H. Sibin, E. Sotto Tibiriçá Rosa, T. Tagieva

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This comprehensive and stimulating Handbook examines the contribution of political economy to public policy. It provides an overview of several strands of critical political economy, supported by case studies from OECD countries, Latin America, South Africa, and South and East Asia.With discussions on key theories of political economy, the Handbook introduces cultural and feminist political economies, engaging critically with ordoliberalism and New Public Management. Chapters feature discussions on political economic approaches to the global division of labor, financialization and dispossession in Latin America, ecological perspectives on sustainability in China, global exploitation chains in agriculture, and postcolonial criticisms of economic development. The Handbook concludes with an exploration of the relationship between political economy and social policy, global health, and public policies.Providing a combination of critical engagement with the various theories of political economy and their application to key economic policies, this will be essential reading for students and academics in comparative politics, economics and finance, international relations, political economy, public policy, and political science. Policymakers interested in addressing socially and environmentally unsustainable practices will also find this an illuminating and informative resource.

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