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Central Banks at a Crossroads: What Can We Learn from History?

Hardcover • 2016

Central Banks at a Crossroads: What Can We Learn from History?

By Michael Patrick Adams

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About the book

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 stat...Show more

Economic history

Book details

ISBN

9781107149663

Publisher

Cambridge University Press

Published year

2016

Language

Original title

Central Banks at a Crossroads: What Can We Learn from History?

Format

Hardcover

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