The Central Bank and the Financial System

ISBN-13: 9780333626610 / Angielski / Miękka / 1995 / 528 str.

C. Goodhart

Opis

This is an assessment of the role of the central banks. Part 1 analyzes the general purposes and functions of the central banks. Part 2 concentrates on their current objectives and operations, and Part 3 looks at the issues of financial regulation.

Spis treści

Introduction - PART 1: FINANCIAL SYSTEMS - Who do Banks need a Central Bank? - Can we improve the Structure of Financial Systems? - The Implication of shifting Frontiers in Financial Markets for Monetary Control - Central Bank Independence - Alternative Monetary Standards - The Conduct of Monetary Policy - Banks and the Control of Corporations - The Political Economy of Monetary Union - PART 2: CENTRAL BANKING - What do Central Banks do? - The Objectives for, and the Conduct of, Monetary Policy in the 1990s - Advising the Bank of England - The Operational Role of the Bank of England - Monetary Base Control - Price Stability and Financial Fragility - A European Central Bank - PART 3: FINANCIAL REGULATION - Institutional Separation between Supervisory and Monetary Agencies - Bank Insolvency and Deposit Insurance: a Proposal - The Regulatory Debate in London - The Costs of Regulation - Investor Protection and Unprincipled Intervention - Financial Regulation and Supervision - Bibliography - Index

O autorze

CHARLES A.E. GOODHART