1. Financial reform in Australia -- 2. Price stabilization, the banking crisis and financial reform in Brazil -- 3. Financial reform in Canada : past, present and future -- 4. Financial system reform in China -- 5. Financial reform in Germany -- 6. Financial reform in Hong Kong -- 7. Financial...

"It is widely believed that central banks have grown (the Bank of England) or were established (the Federal Reserve) to pursue the twin objectives of monetary and price stability. But why should they? Central bankers are people, too, whose behavior is presumably determined, like the rest of us,...

Dino Falaschetti and Michael Orlando unify the treatment of the many deeply related topics in money and banking in this wide-ranging book. By continually building on the assumption that economic actors are maximizers, they explain how monetary and financial services, as well as related...

Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price...

1. Introduction -- 2. Monetary and fiscal policies for macroeconomic stability : an Asian perspective -- 3. Central banking in the Asia-Pacific : an overview -- 4. Monetary policy : overview of concepts, debates and issues -- 5. Inflation and monetary policy : theories, models and approaches --...

This book, written by an international team of economists, develops concrete, country specific alternatives to inflation targeting, the dominant policy framework of central bank policy that focuses on keeping inflation in the low single digits to the virtual exclusion of other key goals such as...

The number of central banks in the world is approaching 180, a tenfold increase since the beginning of the twentieth century. What lies behind the spread of this economic institution? What underlying process has brought central banks to hold such a key role in economic life today? This book...

Celebrating the contribution that Charles Goodhart has made to monetary economics and policy, this unique compendium of original papers draws together a highly respected group of international academics, central bankers and financial market regulators covering a broad range of issues in modern...

Curzio Giannini's history of the evolution of central banks illustrates how the most relevant institutional developments have taken place at times of widespread confidence crises and in response to deflationary pressures. The eminent and highly-renowned author provides an analytical perspective...

'In the aftermath of the crisis, redesigning the institutional framework governing money and finance to foster financial stability has become a priority. This volume brings together key contributions that help elucidate the economic and political complexity that must be addressed to improve the...