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The Nationalisation of the Banks in Mitterand's France: Rationalisations and Reasons

Published online by Cambridge University Press:  28 November 2008

David Cobham
David Cobham
Affiliation:
Department of EconomicsUniversity of St. Andrews
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Abstract

This paper examines the arguments for the nationalisation in 1982 of much of the privately owned banking sector in France, on the grounds that this would restore the power of money creation to the “collectivity’ and produce a better economic policy. The paper concludes that the French government's case was grounded more in elections than economics.

Type
Articles
Information
Journal of Public Policy , Volume 4 , Issue 4 , November 1984 , pp. 351 - 358
Copyright
Copyright © Cambridge University Press 1984

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References

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