Making a Modern Central Bank: The Bank of England 1979-2003

ISBN-13: 9781108799492 / Angielski / Miękka / 2020 / 350 str.

Harold James

Opis

This authoritative guide to the transformation of the Bank of England into a modern inflation-targeting independent central bank examines a revolution in monetary and economic policy and the modernization of British institutions in the late twentieth century.

Recenzje

'James has written a fascinating history of the Bank of England during a tumultuous period of policy-making … benefits from access to internal memos and reports, as well as interviews with many of the key players … ranges over the BOE's involvement in financial supervision as well as its role in promoting the City of London.' Harold James, America Social Sciences

Spis treści

1. Introductory; 2. Foreign Fetters; 3. The Performance of the UK Economy; 4. The Inexplicable in Pursuit of the Uncontrollable: Monetary Strategy; 5. “A Good Deal of Bad Advice”: The Battle over Policy Control; 6. The Long Shadow of the Deutschemark: The Exchange Rate Alternative; 7. Hong Kong: Bank Crises and Currency Crises; 8. Shaved Eyebrows: Banking and Financial Supervision; 9. Tunneling Deep: The Bank and the Management of British Industry; 10. Great Leap in the Dark: The Bank, the Delors Committee and the Euro; 11. The Spine Theory and its Collapse: The ERM and the 1990s Recession; 12. “You can't be in and out at the same time:” The Legacy of Delors; 13. Horses for Courses: The Drive for Independence; 14. Failure of Internal Communication: The Development of Banking Supervision in the 1990s; 15. The New Bank: A University of Threadneedle Street?; 16. Epilogue; Appendix 1. Biographies; Appendix 2. The History of Monetary Aggregates