The Future of Central Banking: The Tercentenary Symposium of the Bank of England - Hardcover

Capie, Forrest; Fischer, Stanley; Goodhart, Charles; Schnadt, Norbert

Hardcover

ISBN 10: 0521496349 ISBN 13: 9780521496346

Publisher: Cambridge University Press, 1995

Synopsis

This volume contains two major papers prepared for the Bank of England's Tercentenary Symposium in June 1994. The first, by Forrest Capie, Charles Goodhart and Norbert Schnadt, provides an authoritative account of the evolution of central banking. It traces the development of both the monetary and financial stability concerns of central banks, and includes individual sections on the evolution and constitutional positions of 31 central banks from around the world. The second paper, by Stanley Fischer, explores the major policy dilemmas now facing central bankers: the extent to which there is a short-term trade-off between inflation and growth; the choice of inflation targets; and the choice of operating procedures. Important contributions by leading central bankers from around the world, and the related Per Jacobsen lecture by Alexander Lamfalussy, are also included in the volume.

About this title

Review:

"...well written and instructive on many levels..." Journal of Comparative Econonics

"...attains the status of a classic..." Journal of Economic Literature

Book Description:

This volume contains two major papers prepared for the Bank of England's Tercentenary Symposium in June 1994. The first provides an authoritative account of the evolution of central banking, while the second paper explores the major policy dilemmas now facing central bankers.

About this edition

• Publisher: Cambridge University Press
• Publication date: 1995
• ISBN 10: 0521496349
• ISBN 13: 9780521496346
• Binding: Hardcover
• Edition number: 1
• Number of pages: 380