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The Nationalisation of the Banks in Mitterand's France: Rationalisations and Reasons

David Cobham
Journal of Public Policy
Vol. 4, No. 4 (Nov., 1984), pp. 351-358
Stable URL: http://www.jstor.org/stable/3998375
Page Count: 8
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
The Nationalisation of the Banks in Mitterand's France: Rationalisations and Reasons
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Abstract

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.

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