Marois, Thomas (2013) State-owned banks and development: Dispelling mainstream myths. Municipal Services Project.
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Abstract
Thirty years of neoliberal restructuring have side-lined alternative financing practices, and propagated mainstream myths about state-owned banks. This paper examines these neoliberal claims, arguing instead that public financing remains a crucial part of progressive, sustainable and democratic strategies for investments in long-term development and infrastructure. Drawing on past and present case studies, as well as theoretical literature on finance, the paper points to the potential to revive and improve state-owned banking as a viable option for financing public services.
Item Type: | Monographs and Working Papers (Occasional Paper) |
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SOAS Departments & Centres: | Departments and Subunits > Department of Development Studies Legacy Departments > Faculty of Law and Social Sciences > Department of Development Studies |
Date Deposited: | 12 Dec 2013 12:02 |
URI: | https://eprints.soas.ac.uk/id/eprint/17808 |
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