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About this book
Although the current day-to-day operations of Central Banks are subject to continuous comment and frequent criticism, their structural role within the economic system as a whole is generally accepted without much question and despite several attempts to challenge the value of the institution made by economists in recent decades. Professor C.A.E. Goodhart is ideally positioned to assess the role of the Central Bank being equally familiar with the theoretical arguments and with the actual working of central banks. Part 1 analyses the general purposes and functions of the Central Bank within the financial system and their evolution over time, Part 2 concentrates on the current objectives and operations of Central Banks, the maintenance of price stability in particular, and Part 3 analyses the broader issues of financial regulation. This book, providing a thorough and clear discussion of the questions connected with the role of the Central Bank in a modern financial system, will prove indispensable for students, academics and practitioners.
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Keywords
Table of contents (21 chapters)
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Front Matter
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Financial Systems
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Front Matter
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Central Banking
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Front Matter
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Financial Regulation
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Front Matter
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Authors and Affiliations
About the author
CHARLES A.E. GOODHART
Bibliographic Information
Book Title: The Central Bank and the Financial System
Authors: C. A. E. Goodhart
DOI: https://doi.org/10.1057/9780230379152
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 1995
Softcover ISBN: 978-0-333-62661-0Published: 06 March 1995
eBook ISBN: 978-0-230-37915-2Published: 06 March 1995
Edition Number: 1
Number of Pages: XIV, 528
Topics: Macroeconomics/Monetary Economics//Financial Economics, Banking