9781108835015

Making a Modern Central Bank

Format: Hardcover

ISBN13: 9781108835015

Hardcover|9781108835015


Overview

Making a Modern Central Bank examines a revolution in monetary and economic policy. This authoritative guide explores how the Bank of England shifted its traditional mechanisms to accommodate a newly internationalized financial and economic system. The Bank's transformation into a modern inflation-targeting independent central bank allowed it to focus on a precisely defined task of monetary management, ensuring price stability. The reframing of the task of central banks, however, left them increasingly vulnerable to financial crisis. James vividly outlines and discusses significant historical developments in UK monetary policy, and his knowledge of modern European history adds rich context to archival research on the Bank of England's internal documents. A worthy continuation of the previous official histories of the Bank of England, this book also reckons with contemporary issues, shedding light on the origins of growing backlash against globalization and the European Union.

ISBN-13

9781108835015

ISBN-10

1108835015

Weight

2.03 Pounds

Dimensions

6.00 x 1.25 x 9.00 In

List Price

$125.00

Edition

1st Edition

Format

Hardcover

Language

English

Pages

350 pages

Publisher

Cambridge University Press

Published On

2020-09-17



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