This study is to explain why Taiwan’s elites delegate the independent authority of financial and monetary management to central bankers which resulted in survival of the Asian crisis, while Korean political leadership did not do so and the economy faltered in the crisis? My argu…
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"The Research Handbook on Central Banking focuses on global central banks as institutions and not abstractions, providing historical and practical detail about how central banks work and the challenges they face. This Research Handbook offers the most interdisciplinary treatment…
In this revisionist history of the development of the modern monetary system, Christine Desan argues that money effectively creates economic activity rather than emerging from it. Her account demonstrates that money's design has been a project central to governance and formative…
During the 2016 presidential election, both Donald Trump and Bernie Sanders argued that elites were hurting the economy. But, drawing together evidence and theory from across economics, political science, and even finance, Garett Jones says otherwise. In 10% Less Democracy, he m…
A crise financeira de 2007/2008 desencadeou uma onda de críticas à teoria económica. Ataques baseados em quatro críticas principais: os economistas não terem previsto a maior crise desde a Grande Depressão; as autoridades deixarem formar bolhas sem controlo; o falhanço da superv…
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 bo…
Provides the evolution of central banking in the major economies, tracing the development of both the monetery and finanical stability concerns of central banks. Explores the major policy dilemmas now facing central bankers.
Although the current day-to-day operations of Central Banks are subject to continuous comment and frequent criticism, their structural role within the economic system as a whole is generally accepted without much question and despite several attempts to challenge the value of th…
"Since his death in 1985, Philip Larkin, generally regarded as England's finest post-war poet, has become the subject of fierce debate. The publication of his Collected Poems, his letters and his official biography has led to a radical reassessment of one of our most popular and…
Central bank collateral frameworks are an often overlooked feature of monetary policy that play a key role in the monetary and financial system. Readers will discover how central banks conduct and implement monetary policy beyond merely setting interest rates, and develop their …
