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The Central Banks: The International and European Directions

The Central Banks: The International and European Directions

Hardcover

AccountingEconomics

ISBN10: 0275947327
ISBN13: 9780275947323
Publisher: Praeger
Published: Sep 29 1994
Pages: 280
Weight: 1.18
Height: 1.01 Width: 6.29 Depth: 9.05
Language: English
This work is a study of the Keynes and Friedman approaches to the institutions which implement monetary and other related policies. The policy of the United States is reviewed, in part, because of the U.S.'s rather central role in developments since World War I. The exchange-rate, reserve, and capital-flow mechanisms of the central banks are discussed from an historical perspective. The major interconnections between money, credit-creating potential of central banks, and fiscal/deficit potential of government are emphasized. The principal central banks considered are the Bank of England, Federal Reserve, and Bundesbank.

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