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    portada Central Banking in Turbulent Times (libro en Inglés) (Audiolibro)
    Formato
    Libro físico
    Editorial
    Año
    2018
    Idioma
    Inglés
    Encuadernación
    Audiolibro
    Isbn13
    9781515932567

    Central Banking in Turbulent Times (libro en Inglés) (Audiolibro)

    Tuomas Valimaki; Francesco Papadia · Tantor Audio

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    • Estado: Nuevo
    Origen: Estados Unidos (Costos de importación incluídos en el precio)
    Recíbelo entre el Miércoles 04 de Diciembre y el Miércoles 18 de Diciembre.

    Reseña del libro

    Central Banking in Turbulent Times examines fundamental questions about the central banking system, asking whether the model of an independent central bank devoted to price stability is the final resting point of a complex development that started centuries ago. It dissects the hypothesis that the Great Recession has prompted a reassessment of that model; a renewed emphasis on financial stability has emerged, possibly vying for first rank in the hierarchy of objectives of central banks. This raises the risk of dilemmas, since the Great Recession brought into question implicit assumptions that the pursuit of price stability would also lead to financial stability. In addition, the border between monetary and fiscal policy was blurred both in the U.S. and in Europe.Central Banking in Turbulent Times asks whether the model prevailing before the Great Recession has been irrevocably altered. Are we entering, as Charles Goodhart has hypothesized, into the "fourth epoch" of central banking? Are changes to central banks part of a move away from the global liberal order that seemed to have prevailed at the turn of the century? Central Banking in Turbulent Times seeks to answer these questions.

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