From Market to Green Economics: Impact on Monetary and Financial Policies

From Market to Green Economics: Impact on Monetary and Financial Policies

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From Market to Green Economics: Impact on Monetary and Financial Policies

The ECB has already set the step from ‘a monetary policy rule’ towards a broad central bank with monetary and financial tasks. The next step is to green these monetary and financial stability tasks. This chapter argues that a change from the prevailing ‘market economics’ paradigm to a ‘green economics’ paradigm will make this transformation effective.

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