Cover -- Contents -- Chapter 15 Reversed Monetary Expansion Mechanism -- Chapter 16 Triangular Debts -- Chapter 17 Tiger in the Cage -- Chapter 18 Designated Loans -- Chapter 19 Tax and Fee Reforms -- Chapter 20 Soft Landing -- Chapter 21 Unification of Exchange Rates -- Notes -- Bibliography --...

Intro -- Contents -- Preface -- Introduction -- 1 Overview of Policy Management and Managers -- 2 In Bill Martin's Time -- 3 Arthur Burns and the Struggle against Inflation -- 4 The Miller Interlude -- 5 Paul Volcker and the Victory over Inflation -- 6 The Greenspan Years and After -- 7 The Fed...

In this book, Dow and Saville expound a theory of monetary policy, and examine how it has worked in the UK. Writing from personal experience of working in a central bank, they analyse the behaviour of the banking system and the difficulties of central bank control. In a clearly written account...

A comprehensive account of the theory and practice of large-value payment systems in the banking sector. In particular it explores central banks' roles in payment systems, the risks on which central banks focus in their oversight activities, and the challenges central banks face as the payments...

Since the 1990s, the financial systems in developing and developed countries have gained in soundness, depth, and diversity, prompted in part by a series of financial sector and macroeconomic reforms aimed at fostering a market-driven economy in which finance plays a central role. Latin America...

Cover -- Contents -- Foreword -- Acknowledgments -- Preface -- Contributors -- Abbreviations and Acronyms -- PART I: THE LEGACIES OF THE CRISIS -- 1 Investment in the Euro Area: Why Has It Been Weak? -- 2 Indebtedness and Deleveraging in the Euro Area -- 3 Rebalancing: Where Do We Stand and...

This book considers credit systems in the era of financialization and the erosion of state sovereignty in financial matters. Applying Marx's political economy and Post-Keynesian endogenous money theory to case studies from the UK and Germany, it argues that the best explanation for these...

Intro -- Contents -- Acknowledgments -- 1 Introduction: Why Deliberation? -- 2 Deliberation in Theoretical Perspective -- 3 Deliberation in the FOMC -- 4 Congressional Committees and Monetary Policy -- 5 In Their Own Words - Perspectives from the FOMC and Congressional Banking Committees -- 6...