Positive Money Europe | How to rebuild public trust in central banks? – Annelise Riles @PositiveMoneyEurope | Uploaded 6 years ago | Updated 1 hour ago
Is something rotten at the core of central banking? From both sides we have a massive disconnect and a lot of mistrust. This crisis of legitimacy is also partly a clash of cultures, between the internal culture of central banks and the world of the public at large. So what can we do about it? Annelise Riles argues for more open dialogue between central banks and the public.
Annelise Riles is the Jack G. Clarke Professor of Law in Far East Legal Studies and Professor of Anthropology at Cornell, and the founder of Meridian 180, a multilingual forum for transformative leadership. Her work focuses on the transnational dimensions of laws, financial markets and culture. Her previous book, Collateral Knowledge: Legal Reasoning in the Global Financial Markets (Chicago Press 2011) was based on 15 years of fieldwork among central bankers, financial lawyers and regulators in Japan and the United States. Her most recent book “Financial Citizenship: Experts, Publics, and the Politics of Central Banking” outlines how a new relationship between central banks and the public can renew the legitimacy of central banks and address the democratic deficit in financial governance.
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Is something rotten at the core of central banking? From both sides we have a massive disconnect and a lot of mistrust. This crisis of legitimacy is also partly a clash of cultures, between the internal culture of central banks and the world of the public at large. So what can we do about it? Annelise Riles argues for more open dialogue between central banks and the public.
Annelise Riles is the Jack G. Clarke Professor of Law in Far East Legal Studies and Professor of Anthropology at Cornell, and the founder of Meridian 180, a multilingual forum for transformative leadership. Her work focuses on the transnational dimensions of laws, financial markets and culture. Her previous book, Collateral Knowledge: Legal Reasoning in the Global Financial Markets (Chicago Press 2011) was based on 15 years of fieldwork among central bankers, financial lawyers and regulators in Japan and the United States. Her most recent book “Financial Citizenship: Experts, Publics, and the Politics of Central Banking” outlines how a new relationship between central banks and the public can renew the legitimacy of central banks and address the democratic deficit in financial governance.
---
Follow the campaign:
http://positivemoney.eu
facebook.com/PositiveMoneyEurope
twitter.com/PositiveMoneyEU
Help us caption & translate this video!
amara.org/v/kLJl
