Banking on the future the fall and rise of central banking

The crash of 2008 revealed that the world's central banks had failed to offset the financial imbalances that led to the crisis, and lacked the tools to respond effectively. What lessons should central banks learn from the experience, and how, in a global financial system, should cooperation bet...

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Bibliographic Details
Main Author: Davies, H.
Other Authors: Green, David
Format: eBook
Language:English
Published: Princeton Princeton University Press ©2010, 2010
Subjects:
Online Access:
Collection: JSTOR Books - Collection details see MPG.ReNa
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245 0 0 |a Banking on the future  |h Elektronische Ressource  |b the fall and rise of central banking  |c Howard Davies, David Green 
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300 |a x, 324 pages  |b illustrations 
505 0 |a Includes bibliographical references (pages 301-316) and index 
505 0 |a What is central banking and why is it important? -- Monetary stability -- Financial stability -- Financial infrastructure -- Asset prices -- Structure, status, and accountability -- Europe : a special case -- Central banking in emegering market countries -- Financial resources, costs, and efficiency -- International cooperation -- Leadership -- An agenda for change 
653 |a BUSINESS & ECONOMICS / Banks & Banking 
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653 |a BUSINESS & ECONOMICS / Foreign Exchange 
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520 |a The crash of 2008 revealed that the world's central banks had failed to offset the financial imbalances that led to the crisis, and lacked the tools to respond effectively. What lessons should central banks learn from the experience, and how, in a global financial system, should cooperation between them be enhanced? Banking on the Future provides a fascinating insider's look into how central banks have evolved and why they are critical to the functioning of market economies. The book asks whether, in light of the recent economic fallout, the central banking model needs radical reform. Supporte