Central banks' independence in historical perspective

Central banks' independence in historical perspective PDF Author: Fausto Vicarelli
Publisher: Walter de Gruyter
ISBN: 3110856301
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
Deals with the antonomy of monetary authorities: the case of the US. Federal Reserve System; relations between monetary authorities and government institutions: the case of Germany, France, and Italy.

Central banks' independence in historical perspective

Central banks' independence in historical perspective PDF Author: Fausto Vicarelli
Publisher: Walter de Gruyter
ISBN: 3110856301
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
Deals with the antonomy of monetary authorities: the case of the US. Federal Reserve System; relations between monetary authorities and government institutions: the case of Germany, France, and Italy.

Central Banks' Independence in Historical Perspective

Central Banks' Independence in Historical Perspective PDF Author: Gianni Toniolo
Publisher: Walter De Gruyter Incorporated
ISBN: 9780899255118
Category : Business & Economics
Languages : en
Pages : 198

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Book Description


Central Bank Independence and the Legacy of the German Past

Central Bank Independence and the Legacy of the German Past PDF Author: Simon Mee
Publisher: Cambridge University Press
ISBN: 1108499783
Category : Business & Economics
Languages : en
Pages : 373

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Book Description
A study of the power struggle between Germany's central bank and the West German government to control monetary policy in the post-war era.

Unelected Power

Unelected Power PDF Author: Paul Tucker
Publisher: Princeton University Press
ISBN: 0691196303
Category : Business & Economics
Languages : en
Pages : 662

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Book Description
Tucker presents guiding principles for ensuring that central bankers and other unelected policymakers remain stewards of the common good.

Bankers, Bureaucrats, and Central Bank Politics

Bankers, Bureaucrats, and Central Bank Politics PDF Author: Christopher Adolph
Publisher: Cambridge University Press
ISBN: 1139620533
Category : Political Science
Languages : en
Pages : 389

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Book Description
Most studies of the political economy of money focus on the laws protecting central banks from government interference; this book turns to the overlooked people who actually make monetary policy decisions. Using formal theory and statistical evidence from dozens of central banks across the developed and developing worlds, this book shows that monetary policy agents are not all the same. Molded by specific professional and sectoral backgrounds and driven by career concerns, central bankers with different career trajectories choose predictably different monetary policies. These differences undermine the widespread belief that central bank independence is a neutral solution for macroeconomic management. Instead, through careful selection and retention of central bankers, partisan governments can and do influence monetary policy - preserving a political trade-off between inflation and real economic performance even in an age of legally independent central banks.

Sveriges Riksbank and the History of Central Banking

Sveriges Riksbank and the History of Central Banking PDF Author: Tor Jacobson
Publisher:
ISBN: 1107193109
Category : Business & Economics
Languages : en
Pages : 527

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Book Description
Offers a comprehensive analysis of the historical experiences of monetary policymaking of the world's largest central banks. Written in celebration of the 350th anniversary of the central bank of Sweden, Sveriges Riksbank. Includes chapters on other banks around the world written by leading economic scholars.

Central Banking in the Twentieth Century

Central Banking in the Twentieth Century PDF Author: John Singleton
Publisher: Cambridge University Press
ISBN: 1139495208
Category : Business & Economics
Languages : en
Pages : 351

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Book Description
Central banks are powerful but poorly understood organisations. In 1900 the Bank of Japan was the only central bank to exist outside Europe but over the past century central banking has proliferated. John Singleton here explains how central banks and the profession of central banking have evolved and spread across the globe during this period. He shows that the central banking world has experienced two revolutions in thinking and practice, the first after the depression of the early 1930s, and the second in response to the high inflation of the 1970s and 1980s. In addition, the central banking profession has changed radically. In 1900 the professional central banker was a specialised type of banker, whereas today he or she must also be a sophisticated economist and a public official. Understanding these changes is essential to explaining the role of central banks during the recent global financial crisis.

Central Bank Cooperation at the Bank for International Settlements, 1930-1973

Central Bank Cooperation at the Bank for International Settlements, 1930-1973 PDF Author: Gianni Toniolo
Publisher: Cambridge University Press
ISBN: 9780521845519
Category : Business & Economics
Languages : en
Pages : 780

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Book Description
Covers the history of the Bank for International Settlements (BIS), from its founding in Basel in 1930 to the end of the Bretton Woods system in 1973, with a focus on cooperation among the main central banks for the stability and efficiency of the international monetary system.

Financial Citizenship

Financial Citizenship PDF Author: Annelise Riles
Publisher: Cornell University Press
ISBN: 1501732730
Category : Political Science
Languages : en
Pages : 99

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Book Description
Government bailouts; negative interest rates and markets that do not behave as economic models tell us they should; new populist and nationalist movements that target central banks and central bankers as a source of popular malaise; new regional organizations and geopolitical alignments laying claim to authority over the global economy; households, consumers, and workers facing increasingly intolerable levels of inequality: These dramatic conditions seem to cry out for new ways of understanding the purposes, roles, and challenges of central banks and financial governance more generally. Financial Citizenship reveals that the conflicts about who gets to decide how central banks do all these things, and about whether central banks are acting in everyone’s interest when they do them, are in large part the product of a culture clash between experts and the various global publics that have a stake in what central banks do. Experts—central bankers, regulators, market insiders, and their academic supporters—are a special community, a cultural group apart from many of the communities that make up the public at large. When the gulf between the culture of those who govern and the cultures of the governed becomes unmanageable, the result is a legitimacy crisis. This book is a call to action for all of us—experts and publics alike—to address this legitimacy crisis head on, for our economies and our democracies.

Central Banks at a Crossroads

Central Banks at a Crossroads PDF Author: Michael D. Bordo
Publisher: Cambridge University Press
ISBN: 1107149665
Category : Business & Economics
Languages : en
Pages : 719

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Book Description
This book discusses the role of central banks and draws lessons from examining their evolution over the past two centuries.