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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Central Banks at a Crossroads

Central Banks at a Crossroads

Bordo, Michael D.
Eitrheim, Øyvind
Flandreau, Marc

Paperback

Series: Studies in Macroeconomic History

AccountingEconomics

ISBN10: 1108791980
ISBN13: 9781108791984
Publisher: Cambridge University Press
Published: Jan 23 2020
Pages: 720
Weight: 2.29
Height: 1.58 Width: 6.00 Depth: 9.00
Language: English
Throughout their long history, the primary concern of central banks has oscillated between price stability in normal times and financial stability in extraordinary times. In the wake of the recent global financial crisis, central banks have been given additional responsibilities to ensure financial stability, which has sparked intense debate over the nature of their role. Bankers and policy makers face an enormous challenge finding the right balance of power between the central bank and the state. This volume is the result of an international conference held at Norges Bank (the central bank of Norway). International experts and policy makers present research and historical analysis on the evolution of the central bank. They specifically focus on four key aspects: its role as an institution, the part it plays within the international monetary system, how to delineate and limit its functions, and how to apply the lessons of the past two centuries.

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