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

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Central Banks at a Crossroads: What Can We Learn from History? - Bordo, Michael D. (Editor), and Eitrheim, Øyvind (Editor), and Flandreau, Marc (Editor)
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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 ...

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Central Banks at a Crossroads: What Can We Learn from History? 2020, Cambridge University Press, Cambridge

ISBN-13: 9781108791984

Trade paperback

Central Banks at a Crossroads: What Can We Learn from History? 2016, Cambridge University Press, Cambridge

ISBN-13: 9781107149663

Hardcover