The Politics of Finance: How Capital Sways African Central Banks
研究了控制金融资源的利益集团如何影响非洲中央银行的政策立场，通过对肯尼亚、尼日利亚和乌干达的案例比较，发现各国依赖的资本来源差异可以解释央行政策模式的不同。
While there is a large literature on the politics of central banking its insights are difficult to translate to sub-Saharan Africa. This article addresses gaps in this literature by considering how the interests of those who control financial resources sway African central banks. Case studies of Kenya, Nigeria and Uganda demonstrate that variation in the sources of capital on which countries rely to finance investment helps to account for the pattern of variation in central bank policy stances. The analysis further develops and probes arguments about power derived from the control of capital in the context of developing countries.