Catalogue


The changing face of central banking [electronic resource] : evolutionary trends since World War II /
Pierre L. Siklos.
imprint
New York : Cambridge University Press, c2002.
description
xix, 347 p. : ill.
ISBN
052178025X
format(s)
Book
More Details
added author
imprint
New York : Cambridge University Press, c2002.
isbn
052178025X
restrictions
Licensed for access by U. of T. users.
catalogue key
8113398
 
Includes bibliographical references (p. 309-339) 22.
A Look Inside
Reviews
Review Quotes
'This book is suitable as a part of an advanced undergraduate option on monetary economics or a semester-long course on economic policy. The author's very helpful website contains data and further readings to guide more interested readers. The lack of any great technical hurdles means that the book can be read quite easily by non-specialists and therefore should also appeal to the many commentators in Whitehall, the City and the media who will want to understand some of the issues being the continuing and growing prominence of the central bank.' Economica
"This is a tour de force that deserves to be the standard reference on central banking for many years to come." Economic History
'Siklos displays expert knowledge about the practice of central Banking, for instance by highlighting a huge amount of comparative examples, which makes the book very lively to read. He deserves complements for creating an interesting, comprehensive (but of an academic standard) and useful book suited for a broad audience interested in central banking; from researchers and policy makers at central Banks to students and academics at universities.' De Economist
"...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
'... a coherent overview of the developments in Central Banking in the second half of the twentieth century ... [the author] deserves compliments for creating an interesting, comprehensive (but of an academic standard) and useful book suited for a broad audience interested in Central Banking; from researchers and policy makers at Central Banks to students and academics at universities.'De Economist
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Summaries
Main Description
Central 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.
Bowker Data Service Summary
Studying the experiences of 20 industrial countries since WW2, this book explores how central banks have emerged as the key player in national and international policy making.
Description for Bookstore
Central banks have emerged as the key player 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.
Main Description
Central 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. The emphasis on clarity of objectives, transparency of the decision-making process, and a clear understanding of the accountability of the central bank cannot be understood in isolation from the previous 50 years of policy making. The changing face of central banking, born out of the turbulence of the first half of the last century, nurtured by evolution in policies, defines the history of central banking in the second half of the twentieth century.
Description for Bookstore
This book explores the evolution of central banks 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.
Description for Bookstore
This book explores the evolution of central banks since World War II in 20 industrial countries. The study considers the mix of economic, political and institutional forces that have affected central bank behaviour and its relationship with government.
Table of Contents
List of figures
List of tables
Preface
The institutional make-up and evolution of central bank-government relations: an introduction
Legislation alone does not a central bank make: political structure, governance and reputation in monetary policy
Central bank personalities and monetary policy performance
Econometric analysis of central bank behavior: an evolutionary approach
Contrasting quantitative and qualitative assessments of central bank behavior and the evolution of monetary policies
Accountability, disclosure and conflict resolution
Inflation targets versus other inflation control measures: two sides of the same coin?
The changing face of central banking: epilogue
Bibliography
Index
Table of Contents provided by Publisher. All Rights Reserved.

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