The Past and Future of Central Bank Cooperation
Book Details
Format
Paperback / Softback
Book Series
Studies in Macroeconomic History
ISBN-10
0521187575
ISBN-13
9780521187572
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Feb 17th, 2011
Print length
260 Pages
Weight
414 grams
Dimensions
22.90 x 15.40 x 1.70 cms
Ksh 6,750.00
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This book looks back at the historical experience of central bank cooperation in the western world since the late nineteenth century. It provides a systematic analysis of the nature and characteristics of this form of co-operation and offers a global perspective on what its future might look like.
This book explores the past and future of central bank cooperation. In today's global economy, the cooperation between central banks is a key element in maintaining or restoring monetary and financial stability, thereby ensuring a smooth functioning of the international financial system. In this book, economists, historians, and political scientists look back at the experience of central bank cooperation during the past century - at its goals, nature, and processes and at its successes and failures - and draw lessons for the future. Particular attention is devoted to the role played by central bank cooperation in the formulation of minimum capital standards for internationally active banks (the Basel Capital Accord, Basel II), and in the process of European monetary unification and the introduction of the Euro.
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