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Books > Business & Economics > Finance & accounting > Finance > Banking
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Central Banks as Economic Institutions (Hardcover)
Loot Price: R3,111
Discovery Miles 31 110
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Central Banks as Economic Institutions (Hardcover)
Series: The Cournot Centre series
Expected to ship within 12 - 17 working days
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The number of central banks in the world is approaching 180, a
tenfold increase since the beginning of the twentieth century. What
lies behind the spread of this economic institution? What
underlying process has brought central banks to hold such a key
role in economic life today? This book examines from a
transatlantic perspective how the central bank has become the bank
of banks. Thirteen distinguished economists and central bankers
have been brought together to evaluate how central banks work,
arrive at their policies, choose their instruments and gauge their
success in managing economies, both in times of crisis and periods
of growth. Central banks have gained greater independence from
government control over the last 20 years. This widespread trend
throws up new questions regarding the foundations, prerogatives and
future of this economic institution. This book provides a better
understanding of the current financial crisis through the in-depth
study of the central bank. Researchers in the fields of monetary
theory, monetary policy and central banking will find this volume
of great interest. It will also appeal to students of economics,
political economy, banking and finance, as well as economists,
academics, and public policy advisers and analysts.
General
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