Jérôme Deyris, De la stabilité des prix à la stabilisation du climat ? L’économie politique du verdissement des banques centrales
My thesis combines three theoretical approaches to analyse the rise of green central banking: the political economy of varieties of capitalism, the economic sociology of organisations and bureaucracy, and the evolutionary theory of institutional change. I show that while the type of greening, its tr...
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| Format: | Article |
| Language: | English |
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Association Recherche & Régulation
2024-07-01
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| Series: | Revue de la Régulation |
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| Online Access: | https://journals.openedition.org/regulation/23968 |
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| author | Jérôme Deyris |
| author_facet | Jérôme Deyris |
| author_sort | Jérôme Deyris |
| collection | DOAJ |
| description | My thesis combines three theoretical approaches to analyse the rise of green central banking: the political economy of varieties of capitalism, the economic sociology of organisations and bureaucracy, and the evolutionary theory of institutional change. I show that while the type of greening, its translation into instruments and the ways in which it is legitimised all depend on the institutional context in which the central bank is embedded, this relationship is less strict and less unidirectional than it might seem. Indeed, the institutional framework gives central bankers considerable leeway. This room for manoeuvre leads to significant internal conflicts, and to the formation of coalitions with different types of external players with divergent interests. The outcome of this power struggle then in turn influences the trajectory of economic development, by gradually reconfiguring the central bank’s place in the governance of finance. |
| format | Article |
| id | doaj-art-9a4c901d080c41d5a9496dc29c142b60 |
| institution | Kabale University |
| issn | 1957-7796 |
| language | English |
| publishDate | 2024-07-01 |
| publisher | Association Recherche & Régulation |
| record_format | Article |
| series | Revue de la Régulation |
| spelling | doaj-art-9a4c901d080c41d5a9496dc29c142b602025-01-30T14:27:08ZengAssociation Recherche & RégulationRevue de la Régulation1957-77962024-07-013610.4000/11w7jJérôme Deyris, De la stabilité des prix à la stabilisation du climat ? L’économie politique du verdissement des banques centralesJérôme DeyrisMy thesis combines three theoretical approaches to analyse the rise of green central banking: the political economy of varieties of capitalism, the economic sociology of organisations and bureaucracy, and the evolutionary theory of institutional change. I show that while the type of greening, its translation into instruments and the ways in which it is legitimised all depend on the institutional context in which the central bank is embedded, this relationship is less strict and less unidirectional than it might seem. Indeed, the institutional framework gives central bankers considerable leeway. This room for manoeuvre leads to significant internal conflicts, and to the formation of coalitions with different types of external players with divergent interests. The outcome of this power struggle then in turn influences the trajectory of economic development, by gradually reconfiguring the central bank’s place in the governance of finance.https://journals.openedition.org/regulation/23968political economyinstitutional changeclimate changecentral banksfinancial systemslow-carbon transition |
| spellingShingle | Jérôme Deyris Jérôme Deyris, De la stabilité des prix à la stabilisation du climat ? L’économie politique du verdissement des banques centrales Revue de la Régulation political economy institutional change climate change central banks financial systems low-carbon transition |
| title | Jérôme Deyris, De la stabilité des prix à la stabilisation du climat ? L’économie politique du verdissement des banques centrales |
| title_full | Jérôme Deyris, De la stabilité des prix à la stabilisation du climat ? L’économie politique du verdissement des banques centrales |
| title_fullStr | Jérôme Deyris, De la stabilité des prix à la stabilisation du climat ? L’économie politique du verdissement des banques centrales |
| title_full_unstemmed | Jérôme Deyris, De la stabilité des prix à la stabilisation du climat ? L’économie politique du verdissement des banques centrales |
| title_short | Jérôme Deyris, De la stabilité des prix à la stabilisation du climat ? L’économie politique du verdissement des banques centrales |
| title_sort | jerome deyris de la stabilite des prix a la stabilisation du climat l economie politique du verdissement des banques centrales |
| topic | political economy institutional change climate change central banks financial systems low-carbon transition |
| url | https://journals.openedition.org/regulation/23968 |
| work_keys_str_mv | AT jeromedeyris jeromedeyrisdelastabilitedesprixalastabilisationduclimatleconomiepolitiqueduverdissementdesbanquescentrales |