Emergence of Modern Central Banking from 1918 to the Present

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A01=Carl-L. Holtfrerich
A01=Jaime Reis
Austro Hungarian Bank
Austro Hungarian Monarchy
Author_Carl-L. Holtfrerich
Author_Jaime Reis
Banca Italiana Di Sconto
Banco De La
Banco De La Provincia De
Banco De Mexico
banks
Canadian Central Banking
carlos
Category=KFFK
Category=NHT
Central Bank
Central Bank Autonomy
central bank cooperation
Central Banking
comparative banking systems
cooperation
De La Provincia De Buenos
Discount Rate
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eq_business-finance-law
eq_history
eq_isMigrated=1
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eq_nobargain
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european
exchange
Federal Reserve
Federal Reserve System
financial institutions evolution
IMF
IMF Programme
institutional diversity economics
International Lender Of Last Resort
La Provincia De Buenos Aires
Land Central Banks
Lars Jonung
marichal
Modern Central Bank
monetary
Monetary Policy
monetary policy history
National Central Banks
open
policy
political economy finance
rate
twentieth century monetary reforms
West Germany

Product details

  • ISBN 9781859282410
  • Weight: 725g
  • Dimensions: 156 x 234mm
  • Publication Date: 23 Dec 1999
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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The twentieth century has seen the rise of modern central banking. At its close, it is also witnessing the first steps in the decline of the role of some of the most famous of these institutions. In this volume, some of the world’s best known specialists examine the process whereby central banks emerged and asserted themselves within the economic and political spheres of their respective countries. Although the theory and the political economy that presided over their creation did not show great divergence across borders, a considerable institutional variety was nevertheless the result. Among the many factors responsible for this diversity, attention is drawn here not only to the idiosyncrasies of domestic financial systems and to the occurrence of political shocks with major monetary repercussions, such as wars, but also to the peculiarities of each economy and of the political and social climate reigning at the time when central banks were created or formalized. The twelve essays cover European, Asian and American experiences and many of them use a comparative approach.
Carl-L. Holtfrerich, Jaime Reis

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