Currency, Credit and Crisis : Central Banking in Ireland and Europe
Book Details
Format
Paperback / Softback
Book Series
Studies in Macroeconomic History
ISBN-10
1108741584
ISBN-13
9781108741583
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
May 23rd, 2019
Print length
392 Pages
Weight
578 grams
Dimensions
15.40 x 22.70 x 2.20 cms
Ksh 6,150.00
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Ireland's spectacular financial bubble, bust and recovery has been an important strand of the global financial crisis. In this book, an experienced insider provides a detailed narrative of Ireland's crisis and recovery within a discussion of what central banks do well, what they do poorly and how policymaking should adjust.
The global financial crisis in 2008 brought central banking to the centre stage, prompting questions about the role of national central banks and - in Europe - of the multi-country European Central Bank. What can central banks do, and what are their limitations? How have they performed? Currency, Credit and Crisis seeks to provide a coherent perspective on the functions of a central bank in a small country by assessing the way in which Ireland''s financial crisis from 2010 to 2013 was handled. Drawing on his experiences as Governor of the Central Bank of Ireland and in research and policy work at the World Bank, Patrick Honohan offers a detailed analytical narrative of the origins of the crisis and of policy makers'' conduct during its most fraught moments.
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