Promoting Global Monetary and Financial Stability: The Bank for International Settlements After Bretton Woods, 1973-2020

ISBN-13: 9781108495981 / Angielski / Twarda / 2020 / 302 str.

Claudio Borio; Stijn Claessens; Piet Clement

Opis

A multi-faceted look at what global central bank cooperation has - and has not - achieved over the past half century.

Recenzje

'This book provides an excellent and authoritative account of BIS' evolving role in the international coordination of monetary and financial stability policies, and as the birthplace of new ideas like macro-prudential policies.' Markus Brunnermeier, Princeton University

Spis treści

List of graphs and tables; List of contributors; Foreword Agustín Carstens; Acknowledgements; List of acronyms; Introduction Claudio Borio, Stijn Claessens, Piet Clement, Robert N. McCauley and Hyun Song Shin; 1. The BIS and the European monetary experiment Harold James; 2. The governance of the Bank for International Settlements, 1973–2020 Catherine R. Schenk; The BIS in pictures, 1973–2020; 3. A theory of everything: a historically grounded understanding of soft law – and the BIS Chris Brummer; 4. Tower of contrarian thinking: how the BIS helped reframe understandings of financial stability Andrew Baker; 5. Exchange rates, capital flows and the financial cycle: on the origins of the BIS view Barry Eichengreen; 6. The Bank for International Settlements: if it didn't exist, it would have to be invented (an insider's view) William C. Dudley; Annex 1. BIS chronology; Annex 2. BIS-based committees: membership, chairs and secretaries, 1962–2020; Annex 3. BIS balance sheet, 1980–2019; Annex 4. Current and former functionaries of the BIS board of directors and BIS management, 1973–2020; Annex 5. Shareholding members of the BIS as on 1 July 2020; Note on sources; Bibliography; Index.