The Changing Face of Central Banking
Central banks have emerged as the key players in national and international policy making. This book explores their evolution since World War II in 20 industrial countries. The study considers the mix of economic, political and institutional forces that have affected central bank behaviour and its relationship with government. The analysis reconciles vastly different views about the role of central banks in the making of economic policies. One finding is that monetary policy is an evolutionary process.
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|This book is provided by Cambridge University Press in its series Cambridge Books with number 9780521780254 and published in 2002.|
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