This book presents a comprehensive overview of central banks and their functions, from the first ‘banks of issue’ in the late 17th century to their place in modern advanced economies. It traces the growth of these institutions through time, and raises pertinent questions about their political representation in the present day.
With a broad focus on themes of money creation, monetary policy, foreign exchange policy, and supervision and regulation, this book demonstrates how central banking grew significantly during the 19th century with the establishment of central...
This book presents a comprehensive overview of central banks and their functions, from the first ‘banks of issue’ in the late 17th century...
