Although little noticed, the face of central banking has changed
significantly over the past ten to fifteen years, says the author
of this enlightening book. Alan S. Blinder, a former vice chairman
of the Federal Reserve System and member of President Clinton's
Council of Economic Advisers, shows that the changes, though quiet,
have been sufficiently profound to constitute a revolution in
central banking. Blinder considers three of the most significant
aspects of the revolution. The first is the shift toward
transparency: whereas central bankers once believed in secrecy and
even mystery, greater openness is now considered a virtue. The
second is the transition from monetary policy decisions made by
single individuals to decisions made by committees. The third
change is a profoundly different attitude toward the markets, from
that of stern schoolmarm to one of listener. With keenness and
balance, the author examines the origins of these changes and their
pros and cons.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
