The Central Banks

The Central Banks

Book - 1994
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Baker & Taylor
A study of the Bank of England, the Bundesbank in Germany, and the Federal Reserve offers insight into how they are run, discussing their histories, monetary policies, and how they are affected by such events as the savings and loan debacle

Book News
The authors decipher the internal mechanisms of the financial fraternity of the central banks that monitor the global economy, focusing on the banks' origins, their pivotal role in monetary policy, and price stability. The discussion includes the recent formation of the European Central Bank as well as notable banking figures such as the Federal Reserve Chairman Alan Greenspan and the Bundesbank's Hans Tietmeyer. Annotation copyright Book News, Inc. Portland, Or.

Blackwell North Amer
Such central banks as the Bank of England, the Bundesbank in Germany, and the Federal Reserve affect our lives substantially. They control interest rates, which affect mortgages and other forms of borrowing; they oversee commercial banks; and they monitor nations' currency relationships.
These institutions are becoming even more important, as headlines suggest. The struggle to coordinate interest rates and inflation levels with growth while propping up domestic currencies has taken on political overtones. Yet the professionals who run the central banks are largely invisible powerbrokers with mounting worldwide political influence. What they do remains a mystery to most people.
Drawing on extensive research and numerous interviews, Marjorie Deane and Robert Pringle scrutinize these powerful institutions to shed light on how they operate and the individuals who run them. In comprehensible language, they explore the banks' origins and histories, discuss monetary policy, and consider the implications of events like the recent formation of the European Central Bank and the American savings and loan debacle.
The Central Banks is essential reading for anyone wanting to understand domestic and international finance and how the world's money system works.

Baker
& Taylor

An in-depth study on the Bank of England, the Bundesbank in Germany, and the Federal Reserve offers insight into how they are run, discussing their histories, monetary policies, and how they are affected by such events as the Savings and Loan debacle.

Publisher: New York, NY : Viking, 1994.
ISBN: 9780670848232
0670848239
Branch Call Number: 332.11 DEA
Characteristics: ix, 369 p. ; 24 cm.
Additional Contributors: Pringle, Robert 1939-

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