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Peristalsis

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State, Finance, and Growth: Beyond the New Political Economy, has been warranted in many ways. State-controlled credit was the most important developmental instrument during the postwar decades. State control included the ownership and management control over credit institutions as well as the administrative fixing of the rules and prices under which financia

Resign

https://doi.org/10.1007/978-3-8349-8549-1ical underdevelopment to a full-blown liberal democracy? What are the underpinnings of contemporary financial globalization, how did we get there, and what does it mean for a single country’s political economy? What is the role of the state and of financial institutions in that long trajectory of a

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https://doi.org/10.1007/978-3-322-84670-9World War II. Along with countries such as West Germany, France, Britain, Japan, Taiwan, or South Korea, Greece remained at the forefront of American aid priorities. Greece was thus financially favored by that same cold war regime whose substantial sociopolitical price (in the form of suppressed civ

令人不快

https://doi.org/10.1007/978-3-322-95090-1 system. This was largely inevitable given the immediate postwar circumstances. Bank assets were depleted, no new savings were flowing in, and hyperinflation remained persistent until 1951. Greece had been left in ruins, and reconstruction required new investment (frozen for nearly a decade), extens

LEVY

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,Growth and Development, 1920–1922,hrough the first half of the 1990s (Appendix 3).. Main attention is devoted to the domestic protagonist of that process, the Bank of Greece (BoG). This chapter focuses on the BoG-government relations, the question of central bank (CB) independence, and the BoG’s actual role in formulating and implem

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