Central Banking at a Crossroads Europe and Beyond

This book reflects on the innovations that central banks have introduced since the 2008 collapse of Lehman Brothers to improve their modes of intervention, regulation and resolution of financial markets and financial institutions. Authors from both academia and policy circles explore these innovatio...

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Bibliographic Details
Main Author: Goodhart, Charles
Other Authors: Gabor, Daniela, Vestergaard, Jakob, Ertürk, Ismail
Format: eBook
Language:English
Published: Anthem Press 2014
Series:Anthem Frontiers of Global Political Economy
Subjects:
Online Access:
Collection: Directory of Open Access Books - Collection details see MPG.ReNa
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520 |a This book reflects on the innovations that central banks have introduced since the 2008 collapse of Lehman Brothers to improve their modes of intervention, regulation and resolution of financial markets and financial institutions. Authors from both academia and policy circles explore these innovations through four approaches: 'Bank Capital Regulation' examines the Basel III agreement; 'Bank Resolution' focuses on effective regimes for regulating and resolving ailing banks; 'Central Banking with Collateral-Based Finance' develops thought on the challenges that market-based finance pose for the conduct of central banking; and 'Where Next for Central Banking' examines the trajectory of central banking and its new, central role in sustaining capitalism.