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The Nationalisation of the Banks in Mitterand's France: Rationalisations and Reasons
Journal of Public Policy
Vol. 4, No. 4 (Nov., 1984), pp. 351-358
Published by: Cambridge University Press
Stable URL: http://www.jstor.org/stable/3998375
Page Count: 8
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This paper examines the arguments for the nationalisation in 1982 of much of the privately owned banking sector in France, on the grounds that this would restore the power of money creation to the "collectivity" and produce a better economic policy. The paper concludes that the French government's case was grounded more in elections than economics.
Journal of Public Policy © 1984 Cambridge University Press