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Bankers' Trust: How Social Relations Avert Global Financial Collapse Aditi Sahasrabuddhe ebook
- Page: 246
- Format: pdf / epub / kindle
- ISBN: 9781501782602
- Publisher: Cornell University Press
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In Bankers' Trust, Aditi Sahasrabuddhe reveals a crucial element behind the resolution of global financial crises: trust between central bank leaders. Central bank cooperation during global financial crises has been anything but consistent. While some crises are arrested with extensive cooperation, others are left to spiral. Going beyond explanations based on state power, interests, or resources, Sahasrabuddhe argues that central bank cooperation—or the lack thereof—often boils down to ties...