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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)
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: http://eprints.soas.ac.uk/id/eprint/17808

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