The Future of Central Banking: The Tercentenary Symposium of the Bank of England
Cambridge University Press, 1994 - Počet stran: 362
This volume contains two major papers prepared for the Bank of England's Tercentenary Symposium in June 1994. The first, by Forrest Capie, Charles Goodhart and Norbert Schnadt, provides an authoritative account of the evolution of central banking. It traces the development of both the monetary and financial stability concerns of central banks, and includes individual sections on the evolution and constitutional positions of 31 central banks from around the world. The second paper, by Stanley Fischer, explores the major policy dilemmas now facing central bankers: the extent to which there is a short-term trade-off between inflation and growth; the choice of inflation targets; and the choice of operating procedures. Important contributions by leading central bankers from around the world, and the related Per Jacobsen lecture by Alexander Lamfalussy, are also included in the volume.
Co říkají ostatní - Napsat recenzi
Na obvyklých místech jsme nenalezli žádné recenze.
Foreword by Eddie George Governor of the Bank of England page
Modern central banking
Central banking in transition
The philosophy of central banking
Remarks by Prime Minister John Major on the opening
Další vydání - Zobrazit všechny
achieve activities appointed authority Banco Bank of England Bank's bankers banking system became become bills Board Bundesbank capital cent central bank century changes charter clear commercial banks continued convertibility costs countries currency Danmarks Nationalbank decisions developed direct Directors discount discussion early economic effects established European example exchange rate expectations experience Federal Reserve foreign founding functions Germany given gold gold standard Governor growth History important included increase independence inflation inflation rate institutions interest interest rates issue Italy limited London maintain monetary policy nominal note issue notes objectives operations Original period political practice price level price stability problem question recent reduced regulation relationship remained Reserve Bank resort responsibility result role rule Treasury United University Press World Zealand