Central Banks into the Breach
From Triumph to Crisis and the Road Ahead
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22 344 Ft (21 280 Ft + 5% áfa)
Az ár azért becsült, mert a rendelés pillanatában nem lehet pontosan tudni, hogy a beérkezéskor milyen lesz a forint árfolyama az adott termék eredeti devizájához képest. Ha a forint romlana, kissé többet, ha javulna, kissé kevesebbet kell majd fizetnie.
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Iratkozzon fel most és részesüljön kedvezőbb árainkból!
Feliratkozom
22 344 Ft
Beszerezhetőség
Becsült beszerzési idő: A Prosperónál jelenleg nincsen raktáron, de a kiadónál igen. Beszerzés kb. 3-5 hét..
A Prosperónál jelenleg nincsen raktáron.
Why don't you give exact delivery time?
A beszerzés időigényét az eddigi tapasztalatokra alapozva adjuk meg. Azért becsült, mert a terméket külföldről hozzuk be, így a kiadó kiszolgálásának pillanatnyi gyorsaságától is függ. A megadottnál gyorsabb és lassabb szállítás is elképzelhető, de mindent megteszünk, hogy Ön a lehető leghamarabb jusson hozzá a termékhez.
A termék adatai:
- Kiadó OUP USA
- Megjelenés dátuma 2017. október 12.
- ISBN 9780190228835
- Kötéstípus Keménykötés
- Terjedelem344 oldal
- Méret 163x236x30 mm
- Súly 592 g
- Nyelv angol 0
Kategóriák
Rövid leírás:
Central Banks into the Breach provides an overarching analysis of the current and vulnerable state of central banks and offers potential solutions to stabilize the uncertain future of central banking.
TöbbHosszú leírás:
Central banks play an important role in the course of national economies and the global economy. Their leaders are regularly feted or vilified, their policy pronouncements highly anticipated and routinely scrutinized. This is all the more so since the global financial crisis.
The past fifteen years in monetary policy is essentially the story of two mistakes and one triumph, argues Pierre L. Siklos, a professor of economics at Wilfrid Laurier University. One mistake was that central bankers underestimated the connection between finance and the real economy. The other was a failure to realize how inter-connected the world's financial system had become. The triumph, in turn, was the recognition that price stability is a desirable objective.
As a result of the financial crisis, central banks stepped into the breach to provide services other institutions were unwilling or unable to carry out. In doing so, the responsibilities for governing monetary policy and financial system stability became more elastic without due consideration for the appropriateness of the division of responsibilities. Central banks no longer influence just prices they also change financial system quantities. This leads to rising policy uncertainty. And low economic growth, an insufficiently unsubstantiated expansion of central bank responsibilities, and worries over future financial instability are sources of concern that contribute to a loss of confidence in the monetary authorities around the globe.
Because no coherent new framework for central bank policy has since emerged, central banking is not broken, but it is in need of repair. Central Banks into the Breach provides an overarching analysis of the current and vulnerable state of central banks and offers potential solutions to stabilize the uncertain future of central banking.
Yes, central banks did step 'into the breach' during the financial crisis and, as Pierre Siklos argues persuasively in this book, found themselves in a strange new world. Siklos' scholarship and knowledge of central banking are hard to match. Few people in the world could have written this book.
Tartalomjegyzék:
Chapter 1 Moderation Before the Storm
Chapter 2 When Finance and the Real Economy Collide
Chapter 3 The Anatomy of Financial Crises and the Role of Monetary Policy
Chapter 4 The Decline of Simplicity and the Rise of Unorthodoxy
Chapter 5 The Over-Burdened Central Bank and the Shift Away From Autonomy
Chapter 6 Disquiet on All Fronts?
Chapter 7 Trust, But Verify
