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Central Bank Autonomy: The Federal Reserve System in American Politics by J. Kevin Corder,

Central Bank Autonomy: The Federal Reserve System in American Politics by J. Kevin Corder,
Why is the Federal Reserve System so powerful and autonomous? The autonomy of the central bank in the United States is the joint product of strategic choices made by decision makers in the Fed and choices made by members of Congress. Fed decision makers update administrative procedure in ways that frustrate representative control of monetary policy. Members of Congress tolerate experimentation with procedures and rules because Fed independence creates an obstacle for presidents interested in controlling macroeconomic outcomes for electoral or partisan gain. Central bank autonomy is not a serious threat for members of Congress, as they independently develop a number of federal credit programs to counteract the consequences of monetary policy choices for particular sectors of the economy (notably, home construction and small business enterprise). The transformation of the Federal Reserve System reveals how gradual and incremental institutional changes can affect the strategies of political actors and policy outcomes. This finding challenges the dominant description of institutional change that has informed applied work on political institutions in both international relations and American politics. Conventional descriptions emphasize long periods of institutional stability punctuated by short periods of rapid change. Institutional change at the Fed is a gradual and continuous process. Incremental changes in monetary policy institutions (reserve requirements, open market rules, selective credit regulations) reveal the rich variety of strategic options for bureaucrats who desire autonomy from elected officials and the real effects of changing policy institutions on macroeconomic andcapital market outcomes.



Federalism and Democratization in Post-Communist Russia by Cameron Ross,
Federalism and Democratization in Post-Communist Russia by Cameron Ross,
The fall of the Soviet Union and the Eastern bloc has been covered in print to an almost exhaustive degree. However, there has been very little written that focuses on the regions of the former Soviet Union, or on the Russian Federation itself. This book builds on Cameron Ross' earlier work, "Regional Politics in Russia, by combining theoretical perspectives with empirical work, to provide a comparative analysis of the electoral systems, party systems, and governmental systems in the ethnic republics and regions and to assess the impact of these different institutional arrangements on democratization and federalism.



Ohio Credit Union System - The Ohio Credit Union System is an Ohio-based American free trade association for credit unions. The Ohio Credit Union System is composed of four components: The Ohio Credit Union League (trade association), The Ohio Credit Foundation (non-profit organization provide support for credit unions in need), OCULPac, and OCUL Services Corp.

Tru Choice Federal Credit Union - The Tru Choice Federal Credit Union was called the Medical Federal Credit Union but due to a change it is now called Tru Choice. It is a federal credit union located on park avenue right across the street from Hadlock Field in Portland, Maine.

Navy Federal Credit Union - Navy Federal Credit Union is a credit union chartered and regulated under the authority of the National Credit Union Administration (NCUA). Like all credit unions, Navy Federal is governed by a Board of volunteers.

Taunton Federal Credit Union - The Taunton Federal Credit Union (TFCU) is a federal credit union based out of the city of Taunton (MA). TFCU provides an wide array of financial services to homeowners and etc.



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