Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Spread of the Modern Central Bank and Global Cooperation

The Spread of the Modern Central Bank and Global Cooperation

Eichengreen, Barry
Kakridis, Andreas

Hardcover

Series: Studies in Macroeconomic History

AccountingEconomics

ISBN10: 1009367544
ISBN13: 9781009367547
Publisher: Cambridge University Press
Published: Nov 16 2023
Pages: 444
Weight: 1.80
Height: 1.13 Width: 6.00 Depth: 9.00
Language: English
Central banks were not always as ubiquitous as they are today. Their functions were circumscribed, their mandates ambiguous, and their allegiances once divided. The inter-war period saw the establishment of twenty-eight new central banks - most in what are now called emerging markets and developing economies. The Emergence of the Modern Central Bank and Global Cooperation provides a new account of their experience, explaining how these new institutions were established and how doctrinal knowledge was transferred. Combining synthetic analysis with national case studies, this book shows how institutional design and monetary practice were shaped by international organizations and leading central banks, which attached conditions to stabilization loans and dispatched 'money doctors.' It highlights how many of these arrangements fell through when central bank independence and the gold standard collapsed.

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