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Cambridge University Press - Central Banks at a Crossroads

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Description

Explore the evolving role of central banking through the lens of history. This volume, part of the Studies in Macroeconomic History series, examines the fundamental tension between maintaining price stability during normal periods and ensuring financial stability during extraordinary times. Following the recent global financial crisis, central banks have taken on expanded responsibilities to protect the financial system. This shift has led to significant debate regarding their core purpose and authority. This book provides a deep look into the challenges faced by bankers and policy makers as they attempt to find the right balance of power between central banks and the state. Developed from an international conference held at Norges Bank, this text offers academic and professional insights into the history and future of macroeconomic policy. It is an essential resource for those studying business and economic history or looking to understand the complex relationship between monetary policy and state governance.

Key Features

Part of the Studies in Macroeconomic History series by Cambridge University Press.

Examines the historical shift between price stability and financial stability goals.

Analyzes the increased responsibilities of central banks following the global financial crisis.

Discusses the debate over the balance of power between central banks and the state.

Based on research from an international conference held at Norges Bank.

Provides historical context for modern banking and policy challenges.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
30 April 2016
Listed Since
17 November 2015

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