Banking on the future the fall and rise of central banking

The crash of 2008 revealed that the world's central banks had failed to offset the financial imbalances that led to the crisis, and lacked the tools to respond effectively. What lessons should central banks learn from the experience, and how, in a global financial system, should cooperation bet...

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Bibliographic Details
Main Author: Davies, H.
Other Authors: Green, David
Format: eBook
Language:English
Published: Princeton Princeton University Press ©2010, 2010
Subjects:
Online Access:
Collection: JSTOR Books - Collection details see MPG.ReNa
Description
Summary:The crash of 2008 revealed that the world's central banks had failed to offset the financial imbalances that led to the crisis, and lacked the tools to respond effectively. What lessons should central banks learn from the experience, and how, in a global financial system, should cooperation between them be enhanced? Banking on the Future provides a fascinating insider's look into how central banks have evolved and why they are critical to the functioning of market economies. The book asks whether, in light of the recent economic fallout, the central banking model needs radical reform. Supporte
Physical Description:x, 324 pages illustrations
ISBN:9781400834631
1400834635