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Palgrave Macmillan UK

Corporate and Social Transformation of Money and Banking: Breaking the Serfdom

Corporate and Social Transformation of Money and Banking: Breaking the Serfdom

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As the real economy is increasingly digitalized, banking lags behind. It is thus not well placed to support the new economy. The book provides some perspective on the changes taking place, identifying the systemic weaknesses in the traditional financial infrastructure, and proposing some radical rethinking to address systemic financial instability.
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