Title Financial Citizenship
Subtitle Experts, Publics & the Politics of Central Banking
Author Annelise Riles
ISBN 9781501732720
List price GBP 10.99
Price outside India Available on Request
Original price
Binding Paperback
No of pages 120
Book size 152 x 228 mm
Publishing year 2018
Original publisher Cornell University Press (Combined Academic Publishers)
Published in India by .
Exclusive distributors Viva Books Private Limited
Sales territory India, Sri Lanka, Bangladesh, Pakistan, Nepal, .
Status New Arrival
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Government bailouts; negative interest rates and markets that do not behave as economic models tell us they should; new populist and nationalist movements that target central banks and central bankers as a source of popular malaise; new regional organizations and geopolitical alignments laying claim to authority over the global economy; households, consumers, and workers facing increasingly intolerable levels of inequality: These dramatic conditions seem to cry out for new ways of understanding the purposes, roles, and challenges of central banks and financial governance more generally. Financial Citizenship reveals that the conflicts about who gets to decide how central banks do all these things, and about whether central banks are acting in everyone’s interest when they do them, are in large part the product of a culture clash between experts and the various global publics that have a stake in what central banks do.

Experts—central bankers, regulators, market insiders, and their academic supporters—are a special community, a cultural group apart from many of the communities that make up the public at large. When the gulf between the culture of those who govern and the cultures of the governed becomes unmanageable, the result is a legitimacy crisis. This book is a call to action for all of us—experts and publics alike—to address this legitimacy crisis head on, for our economies and our democracies.


Chapter 1: The Legitimacy of Central Banking

Chapter 2: The Challenge to the Technocracy

Chapter 3: The Culture of Central Banking

Chapter 4: Culture Clash: Experts and the Public

Chapter 5: Toward Financial Citizenship and a New Legitimacy Narrative

Chapter 6: A Program for Action

Conclusion: Between the Last Financial Crisis and the Next One




About the Author:

Annelise Riles is the Jack G. Clarke Professor of Law in Far East Legal Studies and Professor of Anthropology at Cornell University. She is the founder and director of Meridian 180, a transnational platform for policy solutions. She has published widely, including the award winning The Network Inside Out.

Target Audience:

People interested in Banking, Business & Economics and Political Science.

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