Central banks have emerged as the key players in national and international policy making. This book explores their evolution since World War II in 20 industrial countries. The study considers the mix of economic, political and institutional forces that have affected central bank behaviour and its relationship with government. The analysis reconciles vastly different views about the role of central banks in the making of economic policies. One finding is that monetary policy is an evolutionary process.
- ISBN13 9780521780254
- Publish Date 21 November 2002 (first published 1 January 2002)
- Publish Status Active
- Publish Country GB
- Imprint Cambridge University Press
- Format Hardcover
- Pages 372
- Language English