Chapter 1.Introduction -- Chapter 2.An Overview of Central Banking in the World -- Chapter 3.Some Stylized Facts about Central Banks -- Chapter 4.Ratings Methodology for central banks worldwide -- Chapter 5.Second and Third Division Rated Central Banks -- Chapter 6.Results and Discussions --...

When the global financial crisis broke, central banks in both the US and the UK undertook massive asset purchase programmes which resulted in considerable increase in assets. Cross-border spillover effects were noted across global economies. Balance sheet adjustments may eventually gnaw at the...