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Item Details
| Title:
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THE POLITICAL ECONOMY OF CENTRAL BANKING
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| By: |
Philip Arestis (Editor), Malcolm C. Sawyer (Editor) |
| Format: |
Hardback |
| List price:
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£106.00 |
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We believe that this item is permanently unavailable, and so we cannot source
it.
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| ISBN 10: |
1858987423 |
| ISBN 13: |
9781858987422 |
| Publisher: |
EDWARD ELGAR PUBLISHING LTD |
| Pub. date: |
26 August, 1998 |
| Pages: |
256 |
| Description: |
There have been rapid changes in the importance, and the economic power and operation of financial markets in the period, 1968-98. This book examines the control which central banks have over financial markets, focusing on the implications of the granting of "independence" to central banks. |
| Synopsis: |
There have been rapid and substantial changes in the importance, economic power and operation of financial markets over the past three decades. This innovative book examines the control which central banks have over financial markets, focusing on the implications of the current trend towards the granting of `independence' to central banks. The contributors examine central banking in a number of countries including the G7 group, Italy and New Zealand. They also provide explanations for the evident instabilities of the Exchange Rate Mechanism and offer words of caution for the European Central Bank.A number of the authors challenge the foundations for the growing claims that increased central bank independence will ensure, at no cost, that inflation is both lower and less variable, finding that there are significant employment costs associated with central bank independence. The authors also discuss theoretical issues, including the meaning of, and possibilities for, monetary policy in an endogenous money framework. They go on to examine central banking in a number of countries including the G7 group, Italy and New Zealand. Finally, they also provide explanations for the evident instabilities of the Exchange Rate Mechanism in recent years and offer words of caution for the European Central Bank.Students and scholars of financial and monetary economics will find this book invaluable as will practitioners in government and central banking. |
| Publication: |
UK |
| Imprint: |
Edward Elgar Publishing Ltd |
| Returns: |
Returnable |
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Ramadan and Eid al-Fitr
A celebratory, inclusive and educational exploration of Ramadan and Eid al-Fitr for both children that celebrate and children who want to understand and appreciate their peers who do.
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