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Economics/Finances The Past and Future of Central Bank Cooperation

Posted on 2010-04-14




Name:Economics/Finances The Past and Future of Central Bank Cooperation
ASIN/ISBN:0521877792
Publish Date:2008-08-11
Pages:256 pages
File size:1 Mb
Publish Date: 2008-08-11
ISBN: 0521877792
Pages: 256 pages
File Type: PDF
File Size: 1.0 MB
Other Info: Cambridge University Press
   Economics/Finances The Past and Future of Central Bank Cooperation

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Claudio Borio, Gianni Toniolo, Piet Clement, "The Past and Future of Central Bank Cooperation (Studies in Macroeconomic History)"

This book explores the past and future of central bank cooperation. In today's global economy, the cooperation between central banks is a key element in maintaining or restoring monetary and financial stability, thereby ensuring a smooth functioning of the international financial system. Or is it? In this book, economists, historians, and political scientists look back at the experience of central bank cooperation during the past century - at its goals, nature, and processes and at its successes and failures - and draw lessons for the future. Particular attention is devoted to the role played by central bank cooperation in the formulation of minimum capital standards for internationally active banks (the Basel Capital Accord, Basel II), and in the process of European monetary unification and the introduction of the euro.

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