The Future of Central Banking

The Tercentenary Symposium of the Bank of England

Stanley Fischer author Forrest Capie author Charles Goodhart author Norbert Schnadt author

Format:Paperback

Publisher:Cambridge University Press

Published:19th Jun '08

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The Future of Central Banking cover

Papers from the Bank of England's Tercentenary Symposium provide an authoritative account of the evolution of central banking and explore policy dilemmas.

This volume contains two major papers prepared for the Bank of England's Tercentenary Symposium in June 1994. The first provides an authoritative account of the evolution of central banking, while the second paper explores the major policy dilemmas now facing central bankers.This volume contains two major papers prepared for the Bank of England's Tercentenary Symposium in June 1994. The first, by Forrest Capie, Charles Goodhart and Norbert Schnadt, provides an authoritative account of the evolution of central banking. It traces the development of both the monetary and financial stability concerns of central banks, and includes individual sections on the evolution and constitutional positions of 31 central banks from around the world. The second paper, by Stanley Fischer, explores the major policy dilemmas now facing central bankers: the extent to which there is a short-term trade-off between inflation and growth; the choice of inflation targets; and the choice of operating procedures. Important contributions by leading central bankers from around the world, and the related Per Jacobsen lecture by Alexander Lamfalussy, are also included in the volume.

"...well written and instructive on many levels..." Journal of Comparative Econonics
"...attains the status of a classic..." Journal of Economic Literature

ISBN: 9780521065467

Dimensions: 229mm x 152mm x 22mm

Weight: 560g

380 pages