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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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Book Details

ISBN: 9780521034494
ISBN-10: 0521034493
Format: Paperback
(228mm x 152mm x 21mm)
Pages: 372
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 14-Dec-2006
Country of Publication: United Kingdom

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