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Foreword -- Preface -- Acknowledgements -- 1 Rationale of Central Banks -- 2 Governance Structure of Central Banks.-3 … Public Governance of Central Banks -- 4 Governance of Monetary Policy -- 5 Ownership of Prudential Policy -- 6 Role of … Central Banks in Financial Crisis Management -- 7 Scope and Governance of Central Bank Payment and Settlement Systems -- 8 …
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When we start to perceive that there is a problem in the market (such as monopoly, fraud or speculation), the legislature passes a law to correct it, a bureaucracy is created to interpret and enforce the new law, firms and other market participants comply, and the problem is solved. But is it?...
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