CENTRAL BANKING IN THE TWENTIETH CENTURY by John Singleton ( 9780511782053 )

Item Details

Title:

CENTRAL BANKING IN THE TWENTIETH CENTURY

By:

Format:

Electronic book text

List price:	£102.00
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ISBN 10:

0511782055

ISBN 13:

9780511782053

Publisher:

CAMBRIDGE UNIVERSITY PRESS

Pub. date:

4 February, 2011

Description:

Investigates the evolution and proliferation of central banks and the profession of central banking during the past century.

Synopsis:

Central banks are powerful but poorly understood organisations. In 1900 the Bank of Japan was the only central bank to exist outside Europe but over the past century central banking has proliferated. John Singleton here explains how central banks and the profession of central banking have evolved and spread across the globe during this period. He shows that the central banking world has experienced two revolutions in thinking and practice, the first after the depression of the early 1930s, and the second in response to the high inflation of the 1970s and 1980s. In addition, the central banking profession has changed radically. In 1900 the professional central banker was a specialised type of banker, whereas today he or she must also be a sophisticated economist and a public official. Understanding these changes is essential to explaining the role of central banks during the recent global financial crisis.

Illustrations:

1 b/w illus. 3 tables

Publication:

Imprint:

Cambridge University Press (Virtual Publishing)

Returns:

Non-returnable

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