{"product_id":"9781786430656","title":"Public Banks in the Age of Financialization: A Comparative Perspective","description":"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.\u003cp\u003eEmpirically 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.\u003c\/p\u003e\u003cp\u003e\u003ci\u003ePublic Banks in the Age of Financialization \u003c\/i\u003ewill 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.\u003c\/p\u003e\u003cp\u003e\u003cb\u003eContributors include:\u003c\/b\u003e 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\u003c\/p\u003e","brand":"Edward Elgar Publishing","offers":[{"title":"Default Title","offer_id":47061433319664,"sku":"9781786430656","price":145.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781786430656_p0.jpg?v=1763730035","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781786430656","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}