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8 - Epilogue

Public Banks in a Time of Covid-19

Published online by Cambridge University Press:  21 May 2021

Thomas Marois
Affiliation:
SOAS University of London & UCL Institute for Innovation and Public Purpose
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Summary

Chapter 8, the Epilogue, sketches out how public banks have responded to the outbreak of the Covid-19 pandemic in its earliest stages. The chapter makes two interrelated points, points which have run through the book so far. First, it exposes the societal dangers of subordinating control of the financial system and its capacity to the private sector and to financialised profit imperatives. Second, it highlights the benefits of protecting public banking capacity in order to make time available when needed. It focuses on the responses of the six public banks discussed in the book: the China Development Bank, the Nordic Investment Bank, the Indian National Bank for Agriculture and Rural Development (NABARD), the American Bank of North Dakota, the German KfW, and the Costa Rican Banco Popular y de Desarrollo Comunal.

Type
Chapter
Information
Public Banks
Decarbonisation, Definancialisation and Democratisation
, pp. 248 - 275
Publisher: Cambridge University Press
Print publication year: 2021

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  • Epilogue
  • Thomas Marois
  • Book: Public Banks
  • Online publication: 21 May 2021
  • Chapter DOI: https://doi.org/10.1017/9781108989381.009
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  • Epilogue
  • Thomas Marois
  • Book: Public Banks
  • Online publication: 21 May 2021
  • Chapter DOI: https://doi.org/10.1017/9781108989381.009
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Epilogue
  • Thomas Marois
  • Book: Public Banks
  • Online publication: 21 May 2021
  • Chapter DOI: https://doi.org/10.1017/9781108989381.009
Available formats
×