State-owned banks and development: Dispelling mainstream myths

Main author: Marois, Thomas
Format: Monographs and Working Papers           
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id eprints-17808
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description 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.
format Monographs and Working Papers
author Marois, Thomas
author_facet Marois, Thomas
authorStr Marois, Thomas
author_letter Marois, Thomas
title State-owned banks and development: Dispelling mainstream myths
publisher Municipal Services Project
publishDate 2013
url https://eprints.soas.ac.uk/17808/