Aditi Sahasrabuddhe is an Assistant Professor in Political Science at Wellesley College. She received her PhD in Government from Cornell University in 2021. She also holds an MSc in International Political Economy from the London School of Economics and an (undergraduate) MA in Economics and Politics from the University of Edinburgh. Her research focuses on central bank cooperation, the politics of international finance, and monetary history.

August 24, 2021

Analysis

Legitimacy Gap

A history of central bank independence.

We live in the age of the central bank. The financial crisis of 2008 and the COVID-19 crash of 2020 have made visible the central role of the US Federal Reserve and its overseas counterparts in the international financial system.