The Changing Fortunes of Central Banking PDF Download

Author: Philipp Hartmann
Publisher: Cambridge University Press
ISBN: 1108423841
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
22.3.1 Basic Characteristics

Author: Philipp Hartmann
Publisher: Cambridge University Press
ISBN: 1108542913
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
Understanding the changing role of central banks and their recent novel policies is essential for analysing many economic and financial issues, ranging from financial regulation and crisis, to exchange rate dynamics and regime changes, and QE and prolonged low interest rates. This book features contributions by the world's leading experts on central banking, providing in accessible essays a fascinating review of today's key issues for central banks. Luminaries including Stephen Cecchetti, Takatoshi Ito, Anil Kashyap, Mervyn King, Donald Kohn, Otmar Issing and Hyun Shin are joined by Charles Goodhart of the London School of Economics and Political Science, whose many achievements in the field of central banking are honoured as the inspiration for this book. The Changing Fortunes of Central Banking discusses the developing role of central banks in seeking monetary and financial stabilisation, while also giving suggestions for model strategies. This comprehensive review will appeal to central bankers, financial supervisors and academics.

Author: Philipp Hartmann
Publisher: Cambridge University Press
ISBN: 110854021X
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
Understanding the changing role of central banks and their recent novel policies is essential for analysing many economic and financial issues, ranging from financial regulation and crisis, to exchange rate dynamics and regime changes, and QE and prolonged low interest rates. This book features contributions by the world's leading experts on central banking, providing in accessible essays a fascinating review of today's key issues for central banks. Luminaries including Stephen Cecchetti, Takatoshi Ito, Anil Kashyap, Mervyn King, Donald Kohn, Otmar Issing and Hyun Shin are joined by Charles Goodhart of the London School of Economics and Political Science, whose many achievements in the field of central banking are honoured as the inspiration for this book. The Changing Fortunes of Central Banking discusses the developing role of central banks in seeking monetary and financial stabilisation, while also giving suggestions for model strategies. This comprehensive review will appeal to central bankers, financial supervisors and academics.

Author: Paul A. Volcker
Publisher: Crown
ISBN:
Category : Business & Economics
Languages : en
Pages : 432

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Book Description
"A sweeping work of history and analysis, Changing Fortunes chronicles the worlds economic upheavals since 1945 and the challenges to American prosperity and hegemony--from the perspective of two distinguished statesman, an American and a Japanese." "Paul Volcker, the legendary former chairman of the Federal Reserve Board, and Toyoo Gyohten, one of Japan's leading economic policy makers, have been major figures on the world scene for more than two decades. In Changing Fortunes, they explain the huge changes in the international monetary order both helped to shape. With candor and insight, Volcker and Gyohten explore the decisions and personalities that have influenced the world's economy over the last fifty years." "Changing Fortunes begins with the stability and wealth of the Bretton Woods era and stretches through the financial turmoils of the Vietnam War; the devaluation, floating, and ensuing decline of the dollar; the oil shocks of the 1970s and the Federal Reserves battle against inflation; the Latin American debt crisis; and, finally, the Reagan administration's attempt to manage the international economy after first ignoring the consequences of its policies for the rest of the world." "Volcker and Gyohten recount each episode from an American and a Japanese position, offering a uniquely broad view of critical issues. Through keen portraits of the people and the politics of international economics, the authors bring a complex subject to life and address fundamental questions for the world's economic order after the Cold War--a world in which the United States must share the burdens of leadership." "As Paul Volcker writes in the introduction: "How much of the relative decline of the United States was natural, how much of it was desirable, and how much of it came from self-inflicted wounds? Should we, with the help of the Japanese, have worked harder to maintain the Bretton Woods system and the stability its exchange rates provided? Has the breakdown of that system been partly responsible for the slower world growth and greater instability in the past two decades? Where do we go from here without so dominant and enlightened a leader as the United States was at the end of World War II?"" "Lucid, accessible, and full of challenging insights, Changing Fortunes is essential reading for anyone interested in the world's money--past, present, and future."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Author: Liaquat Ahamed
Publisher: Penguin
ISBN: 9781594201820
Category : Business & Economics
Languages : en
Pages : 584

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Book Description
Argues that the stock market crash of 1929 and subsequent Depression occurred as a result of poor decisions on the part of four central bankers who jointly attempted to reconstruct international finance by reinstating the gold standard.

Author: David Henderson
Publisher:
ISBN: 9780255364195
Category : Political Science
Languages : en
Pages : 142

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Book Description

Author: Paul A Volcker
Publisher: PublicAffairs
ISBN: 154178829X
Category : Biography & Autobiography
Languages : en
Pages : 332

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Book Description
The extraordinary life story of the former chairman of the Federal Reserve, whose absolute integrity provides the inspiration we need as our constitutional system and political tradition are being tested to the breaking point. As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the world's faith in central bankers. That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents. Told with wit, humor, and down-to-earth erudition, the narrative of Volcker's career illuminates the changes that have taken place in American life, government, and the economy since World War II. He vibrantly illustrates the crises he managed alongside the world's leading politicians, central bankers, and financiers. Yet he first found his model for competent and ethical governance in his father, the town manager of Teaneck, NJ, who instilled Volcker's dedication to absolute integrity and his "three verities" of stable prices, sound finance, and good government.

Author: Valeria Gontareva
Publisher: AuthorHouse
ISBN: 1728353823
Category : Business & Economics
Languages : en
Pages : 342

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Book Description
“This is an extraordinary book from an extraordinary person. This book is an insightful, candid and passionate account of her approach and policy experience. She has called it a ‘Practical Manual’ for reforms – it is that but also much more: a historical record of reforms against all odds.” – Erik Berglof, Director of LSE Institute of Global Affairs “Many emerging economies often lack practical experience in transforming themselves into fully-functioning market-oriented economies and this Practical Manual will help you with this task. Moreover, the book is precisely about how to accomplish drastic reforms in wartime – and I truly believe that the wartime of COVID-19 is an unprecedented opportunity for reform.” – Valeria Gontareva, Former Governor of the National Bank of Ukraine In addition, Valeria received a nomination for her work as the Governor of the National Bank of Ukraine in the Financial Times’s Women of the Year 2019 list.

Author: Arthur Frank Burns
Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 64

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Author: Olivier Blanchard
Publisher: MIT Press
ISBN: 0262526824
Category : Business & Economics
Languages : en
Pages : 251

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Book Description
Prominent economists reconsider the fundamentals of economic policy for a post-crisis world. In 2011, the International Monetary Fund invited prominent economists and economic policymakers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment. The crisis and the weak recovery that has followed raise fundamental questions concerning macroeconomics and economic policy. These top economists discuss future directions for monetary policy, fiscal policy, financial regulation, capital-account management, growth strategies, the international monetary system, and the economic models that should underpin thinking about critical policy choices. Contributors Olivier Blanchard, Ricardo Caballero, Charles Collyns, Arminio Fraga, Már Guðmundsson, Sri Mulyani Indrawati, Otmar Issing, Olivier Jeanne, Rakesh Mohan, Maurice Obstfeld, José Antonio Ocampo, Guillermo Ortiz, Y. V. Reddy, Dani Rodrik, David Romer, Paul Romer, Andrew Sheng, Hyun Song Shin, Parthasarathi Shome, Robert Solow, Michael Spence, Joseph Stiglitz, Adair Turner