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The New Art of Central Banking (Paperback, 1st ed. 1991) Loot Price: R1,487
Discovery Miles 14 870
Repayment Terms: R139 pm x 12*
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The New Art of Central Banking (Paperback, 1st ed. 1991): M.L. Burstein

The New Art of Central Banking (Paperback, 1st ed. 1991)

M.L. Burstein

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Loot Price R1,487 Discovery Miles 14 870 | Repayment Terms: R139 pm x 12*

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Central banking is being turned upside down by innovations such as securitization, complex options dealings and Euro-asset transactions that are denationalizing money and making it impossible for central banks to regulate costs of capital. Nor can central banks modulate business cycles in open economies; study of banking policy and business fluctuations suggests that the 'real' importance of bank-credit changes has long been exaggerated. The new art of central banking may culminate in masterly inactivity.

General

Imprint: Palgrave Macmillan
Country of origin: United Kingdom
Release date: 1991
First published: 1991
Authors: M.L. Burstein
Dimensions: 216 x 140 x 16mm (L x W x T)
Format: Paperback
Pages: 260
Edition: 1st ed. 1991
ISBN-13: 978-1-349-11628-7
Categories: Books > Business & Economics > Economics > Macroeconomics > General
Books > Business & Economics > Finance & accounting > Finance > Banking
Books > Money & Finance > Banking
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LSN: 1-349-11628-9
Barcode: 9781349116287

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