Jamal Awil

← Nine Lives of Neoliberalism

The Swiss banks were also the wellspring of support for a transnational organization. [fact]

The Swiss banks were also the wellspring of support for a transnational organization of central bankers in the aftermath of World War II. The Bank for International Settlements (BIS), a private coordination institution for central bankers dating from 1930, was another instrument enabling Swiss banks to reintegrate themselves into the postwar global financial system.

Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, loc. 485