7min chapter

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The ecological economics of the international monetary system

Economics for Rebels

CHAPTER

Central Banks and Ecological Crises

The chapter delves into the role of central banks in addressing ecological crises by focusing on risk-based approaches, the political nature of money, and how they influence international financial norms and markets. It also examines their assistance to governments in managing borrowing costs during transitions and emphasizes the need for central banks to support government objectives while upholding price and financial stability.

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