Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/317800 
Year of Publication: 
2025
Citation: 
[Journal:] economic sociology. perspectives and conversations [ISSN:] 1871-3351 [Volume:] 26 [Issue:] 2 [Year:] 2025 [Pages:] 11-17
Publisher: 
Max Planck Institute for the Study of Societies (MPIfG), Cologne
Abstract: 
Both the global financial crisis and its aftermath and the Covid-19 pandemic shone a bright spotlight on the extensive powers of central banks. The magnitude of interventions in financial markets in both instances dwarfed efforts by fiscal authorities, not just illustrating the relative significance of central banks' role in economic governance vis-à-vis other state institutions but also highlighting the vital role they have come to play in the governance of financial capital that no longer simply governs itself.
Document Type: 
Article

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