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Public Banks: Decarbonisation, Definancialisation and Democratisation

Public Banks: Decarbonisation, Definancialisation and Democratisation

Name: Public Banks: Decarbonisation, Definancialisation and Democratisation
Brand: Cambridge University Press
SKU: 9781108839150
Price: 1374.49 HKD
Availability: InStock
Author: Thomas Marois
ISBN: 9781108839150

By Thomas Marois

Cambridge University Press June 2021

Specifications

ISBN-13: 9781108839150
Publisher: Cambridge University Press
Publication: June 2021
Format: Hardback
Jurisdiction: U.K. ? Countri(es) for reference only

Details

Public banks are banks located within the public sphere of a state. They are pervasive, with more than 900 institutions worldwide, and powerful, will tens of trillions in assets. Public banks are neither essentially good nor bad. Rather, they are dynamic institutions, made and remade by contentious social forces. As the first single-authored book on public banks, this timely intervention examines how these institutions can confront the crisis of climate finance and catalyse a green and just transition. The author explores six case studies across the globe, demonstrating that public banks have acquired the representative structures, financial capacity, institutional knowledge, collaborative networks, and geographical reach to tackle decarbonisation, definancialisation, and democratisation. These institutions are not without contradictions, torn as they are between contending public and private interests in class-divided society. Ultimately, social forces and struggles shape how and if public banks serve the public good.

Introducing Public Banks

1. The World of Public Banks

2. Contrasting Evidence, Contending Views: Towards a Dynamic Alternative

3. Credible Legacies, Neoliberal Transition

4. Decarbonisation

5. Definancialisation

6. Democratisation

7. A Democratised Public Bank for a Green and Just Transition: A Proposal

8. Epilogue Public Banks in a Time of COVID-19

Bibliography

Index

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