Artículo

Rethinking Dynamic Public Banks for Green and Just Transitions

Marois, Thomas

Instituto de Investigaciones Económicas, UNAM, publicado en Ola Financiera y cosechado de y cosechado de Revistas UNAM

Licencia de uso

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Procedencia del contenido

Entidad o dependencia
Instituto de Investigaciones Económicas, UNAM
Revista
Ola Financiera
Repositorio
Revistas UNAM
Contacto
Revistas UNAM. Dirección General de Publicaciones y Fomento Editorial, UNAM en revistas@unam.mx

Cita

Marois, Thomas (2024). Rethinking Dynamic Public Banks for Green and Just Transitions. Ola Financiera; Vol. 17 Núm. 49, 2024: Septiembre-Diciembre 2024. Número especial: Bancos públicos y agua pública.; 94-125. Recuperado de https://repositorio.unam.mx/contenidos/4159797

Descripción del recurso

Autor(es)
Marois, Thomas
Tipo
Artículo de Investigación
Área del conocimiento
Ciencias Sociales y Económicas
Título
Rethinking Dynamic Public Banks for Green and Just Transitions
Fecha
2024-09-02
Resumen
Public banks are pervasive, with more than 900 worldwide, and powerful, having assets nearing $49 trillion. Yet they are too often perceived as static financial institutions, based on economic theories that begin from fixed notions of what it is to be a publicly owned bank. This has given rise to polarized debate wherein public banks are characterized as being either essentially good or bad. This is unrealistic and unhelpful as we seek ways to confront the crises of finance and of climate finance. We need instead to rethink public banks as dynamic and contested institutions within the public spheres of states. In this view, public ownership itself predetermines nothing but it does open up a particular public realm of possibilities. Change becomes possible and is a result of social forces making it so, if within the structural confines of gendered, racialized, and class-divided capitalist society. A dynamic theory of public banks provides a novel theoretical alternative and a practical pathway towards financing green and just transitions in the public interest.
Tema
Public banks; political economy; institutions; theory; ownership; Bancos públicos; economía política; instituciones; teoría; propiedad
Idioma
spa
ISSN
ISSN: 1870-1442

Enlaces