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Central Banks as Economic Institutions
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Central Banks as Economic Institutions (Paperback)

£33.00
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Synopsis

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.

BusinessEconomicsMacroeconomicsMonetary economicsBusinessFinance & accountingFinanceBanking Publisher: Edward Elgar Publishing Ltd Publication Date: 29/10/2008 ISBN-13: 9781848441095  Details: Type: Paperback Format: Books
Availability: To Order. Estimated despatch in 1-3 weeks.  

Edited by Jean-Philippe Touffut, Director, Cournot Centre, Paris, France

More books by Jean-Philippe Touffut

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