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Awards
OverviewFull Product DetailsAuthor: Juliet JohnsonPublisher: Cornell University Press Imprint: Cornell University Press Dimensions: Width: 15.20cm , Height: 2.50cm , Length: 22.90cm Weight: 0.907kg ISBN: 9781501700224ISBN 10: 1501700227 Pages: 312 Publication Date: 11 February 2016 Audience: General/trade , College/higher education , Professional and scholarly , General , Tertiary & Higher Education Format: Hardback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsPriests of Prosperity casts light on a vitally important but understudied aspect of postcommunist transition: the role of Western central banks and international institutions in the creation of monetary and financial systems in the postcommunist world. For better or worse-and often for both-the transnational central banking community's efforts to guide their postcommunist colleagues count as a remarkably speedy and comprehensive example of policy transfer, implanting ideas as well as institutions. Drawing on hundreds of interviews and a wealth of other evidence, Johnson argues that the hands-on efforts of central bankers and experts from outside the region played a critical role in the successes and failures of transition countries in constituting stable, functioning monetary and financial systems. -William Tompson, OECD, author of The Political Economy of Reform: Lessons from Pensions, Product Markets and Labour Markets in Ten OECD Countries Priests of Prosperity offers a fascinating account of the way the transnational central banking community has produced the single most important institutional convergence in the postcommunist world. While telling the story of the emergence and evolution of the world's most legally independent central banks, the book also provides an indispensable contribution to the study of the rise and decline in the autonomy of a key nonmajoritarian institution. Juliet Johnson's book offers important insights to three different scholarly fields: the study of postcommunist politics, the comparative politics and political economy of the transnationalization of states, and also the emerging field of the study of transnational communities. -Laszlo Bruszt, European University Institute, coeditor of Leveling the Playing Field: Transnational Regulatory Integration and Development Priests of Prosperity casts light on a vitally important but understudied aspect of postcommunist transition: the role of Western central banks and international institutions in the creation of monetary and financial systems in the postcommunist world. For better or worse-and often for both-the transnational central banking community's efforts to guide their postcommunist colleagues count as a remarkably speedy and comprehensive example of policy transfer, implanting ideas as well as institutions. Drawing on hundreds of interviews and a wealth of other evidence, Johnson argues that the hands-on efforts of central bankers and experts from outside the region played a critical role in the successes and failures of transition countries in constituting stable, functioning monetary and financial systems. -William Tompson, OECD, author of The Political Economy of Reform: Lessons from Pensions, Product Markets and Labour Markets in Ten OECD Countries Priests of Prosperity offers a fascinating account of the way the transnational central banking community has produced the single most important institutional convergence in the postcommunist world. While telling the story of the emergence and evolution of the world's most legally independent central banks, the book also provides an indispensable contribution to the study of the rise and decline in the autonomy of a key nonmajoritarian institution. Juliet Johnson's book offers important insights to three different scholarly fields: the study of postcommunist politics, the comparative politics and political economy of the transnationalization of states, and also the emerging field of the study of transnational communities. -Laszlo Bruszt, European University Institute, coeditor of Leveling the Playing Field: Transnational Regulatory Integration and Development The work of a mature scholar whose voice is distinctive and compelling, Priests of Prosperity is elegantly and persuasively written. The contributions of this book to comparative and international political economy are substantive and theoretical, and the primary research that informs Juliet Johnson's analysis is impressive and astonishingly thorough. Johnson's argument that a transnational community of central bankers exerted significant, decisive, and surprising influence on the trajectory of central banking practices in postcommunist states is well supported by the evidence. The historical narratives are fantastic. -Rawi Abdelal, Herbert F. Johnson Professor of International Management at Harvard Business School, author of National Purpose in the World Economy Author InformationJuliet Johnson is Professor of Political Science at McGill University. She is the author of Priests of Prosperity: How Central Bankers Transformed the Postcommunist World and A Fistful of Rubles: The Rise and Fall of the Russian Banking System, both from Cornell, and former editor of the Review of International Political Economy (2007-2014). Tab Content 6Author Website:Countries AvailableAll regions |