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Palgrave Macmillan

The Bundesbank Myth

Towards a Critique of Central Bank Independence

  • Book
  • © 2001

Overview

Authors:
  1. Jeremy Leaman

    1. Department of European Studies, Loughborough University, UK

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Table of contents (8 chapters)

  1. Front Matter

    Pages i-xi
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  2. Why is Money a Problem?

    • Jeremy Leaman
    Pages 1-21

  3. Autonomy and German Traditions of Liberalism

    • Jeremy Leaman
    Pages 22-51

  4. Constituting autonomy — from the Reichsbank to the Bundesbank

    • Jeremy Leaman
    Pages 52-113

  5. Exercising Autonomy From the ‘Miracle’ Years to the End of Bretton Woods (1958–1972)

    • Jeremy Leaman
    Pages 114-154

  6. Towards Dominance: Central Bank Politics 1973–1982

    • Jeremy Leaman
    Pages 155-192

  7. The Emperor’s New Clothes: Monetarism, Monetary Accumulation and the Blindness of Power 1982–1990

    • Jeremy Leaman
    Pages 193-219

  8. The Final Chapter? Germany, EMU and the Bundesbank

    • Jeremy Leaman
    Pages 220-245

  9. Concluding Remarks: Breaking the Myth

    • Jeremy Leaman
    Pages 246-260

  10. Back Matter

    Pages 261-280
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Keywords

About this book

Until recently, central bank independence was confined to just two major capitalist countries: the USA and Germany. As a result of stagflation and the voguish espousal of neo-liberalism in the 1980s, the institution has been adopted in most OECD and in many other countries. This book questions the principle of autonomy, examining the Bundesbank in historical context and exposing the flaws in both the technical and the political case for the wholesale adoption of the Bundesbank model by other states.

Authors and Affiliations

  • Department of European Studies, Loughborough University, UK

    Jeremy Leaman

About the author

JEREMY LEAMAN is Senior Lecturer in the Department of European Studies at Loughborough University. His specialist research field is the political economy of modern Germany. He is author of The Political Economy of West Germany 1945-1985; he has co-edited two other volumes and written numerous chapters and articles on related subjects.

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