Public Banks - Decarbonisation, Definancialisation and Democratisation

The first single-authored exploration of the world of public banks. Focusing in on six worldwide case studies, the author reveals that public banks have the resources needed to tackle decarbonisation, definancialisation, and democratisation. These institutions are capable of catalysing the future of financing sustainable and stable development.

List of contents

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.

About the author

Thomas Marois is a Senior Lecturer at SOAS University of London and Senior Research Fellow in Patient Finance and Banking at the UCL Institute for Innovation and Public Purpose (IIPP). Thomas sits on the Advisory Board of the Public Banking Institute, has authored the book States, Banks and Crisis (2012), and co-edited the book Public Banks and Covid-19 (2020).

Summary

The first single-authored exploration of the world of public banks. Focusing in on six worldwide case studies, the author reveals that public banks have the resources needed to tackle decarbonisation, definancialisation, and democratisation. These institutions are capable of catalysing the future of financing sustainable and stable development.

Additional text

'This book reconsiders public banks as agents of sustainable development and social inclusion. For decades, public banks were perceived as antiques responsible for financial repression. Marois traces the resurgence of state banking and challenges scholars, activists, and public officials to realize the potential of these often immense financial institutions to reverse the forces of climate change, inequality, and social exclusion. He illuminates the single most important dimension and greatest opportunity for green development and social inclusion of our time.' Kurt Mettenheim, FGV-EAESP, Brazil

Product details

• Authors: Thomas Marois, Thomas (School of Oriental and African Stu Marois, Thomas (School of Oriental and African Studies Marois, Marois Thomas
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Hardback
• Released: 30.06.2021
• EAN: 9781108839150
• ISBN: 978-1-108-83915-0
• No. of pages: 200
• Subjects: Natural sciences, medicine, IT, technology > Natural sciences (general); Social sciences, law, business > Business > Miscellaneous; BUSINESS & ECONOMICS / Money & Monetary Policy, BUSINESS & ECONOMICS / Development / General, BUSINESS & ECONOMICS / Banks & Banking, BUSINESS & ECONOMICS / Economics / Macroeconomics, Banking, LAW / Banking, BUSINESS & ECONOMICS / Industries / Energy, BUSINESS & ECONOMICS / Development / Economic Development, SOCIAL SCIENCE / Developing & Emerging Countries, macroeconomics, economic growth, Monetary Economics, Development Studies, Alternative & renewable energy industries, Alternative and renewable energy industries, Banking law