The Changing Face of Central Banking: Evolutionary Trends since World War II (Studies in Macroeconomic History) by Pierre L. Siklos (Dec 9, 2002)

Product Details

• Hardcover: 372 pages
• Publisher: Cambridge University Press (December 9, 2002)
• Language: English
• ISBN-10: 052178025X
• ISBN-13: 978-0521780254
• Product Dimensions: 9.1 x 6.1 x 1.2 inches

Review"...a superbly researched and exhaustively documented work on the evolution of modern monetary policy. It will appeal to economists, policy makers, and anyone interested in monetary economies." Eastern Economic Journal

"This is a tour de force that deserves to be the standard reference on central banking for many years to come." Economic History

Product DescriptionCentral banks have emerged as the key players in national and international policy making. This book explores their evolution since World War II in 20 industrial countries. The study considers the mix of economic, political, and institutional forces that have affected central bank behavior and its relationship with government. The analysis reconciles vastly different views about the role of central banks in the making of economic policies. One finding is that monetary policy is an evolutionary process.