Central Banking and Financialization: A Romanian Account of how Eastern
Europe became Subprime by Daniela Gabor
This book explores the causes and effects of the rise of neoliberalism in Eastern
Europe in the aftermath of the collapse of the Soviet Union. It provides a political
economy analysis of the role of central banks, and identifies them as a key actor in the
production and dissemination of the neoliberal economic policies.
Table Of Contents
Introduction PART I: THE POLITICAL ECONOMY OF CENTRAL BANKING
Narratives of Crisis
Repoliticizing 'Transition': Neoliberalism, Monetarism and the IMF
PART II: CENTRAL BANKING AND FINANCIALIZATION IN CENTRAL AND EASTERN EUROPE: A
ROMANIAN ACCOUNT The 'Gradualist' Years: 1990-1996
The Dawn of a New Era: 1997-2005
Inflation Targeting (Under Crisis)
Coping in the Subprime Region Conclusion and Implications
Hardcover , 256pp