LEADER 03922nam 2200673 a 450 001 9910459204103321 005 20191030193359.0 010 $a1-282-64501-3 010 $a9786612645013 010 $a1-4008-3463-5 024 7 $a10.1515/9781400834631 035 $a(CKB)2670000000031649 035 $a(EBL)557127 035 $a(OCoLC)650313764 035 $a(SSID)ssj0000412478 035 $a(PQKBManifestationID)11294115 035 $a(PQKBTitleCode)TC0000412478 035 $a(PQKBWorkID)10383848 035 $a(PQKB)11787871 035 $a(MiAaPQ)EBC557127 035 $a(MdBmJHUP)muse36839 035 $a(DE-B1597)446701 035 $a(OCoLC)979779658 035 $a(DE-B1597)9781400834631 035 $a(PPN)158457439 035 $a(Au-PeEL)EBL557127 035 $a(CaPaEBR)ebr10395883 035 $a(CaONFJC)MIL264501 035 $a(EXLCZ)992670000000031649 100 $a20100120d2010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aBanking on the future$b[electronic resource] $ethe fall and rise of central banking /$fHoward Davies, David Green 205 $aCourse Book 210 $aPrinceton $cPrinceton University Press$dc2010 215 $a1 online resource (337 p.) 300 $aDescription based upon print version of record. 311 $a0-691-13864-8 320 $aIncludes bibliographical references (p. 301-316) and index. 327 $aWhat is central banking and why is it important? -- Monetary stability -- Financial stability -- Financial infrastructure -- Asset prices -- Structure, status, and accountability -- Europe : a special case -- Central banking in emegering market countries -- Financial resources, costs, and efficiency -- International cooperation -- Leadership -- An agenda for change. 330 $aThe crash of 2008 revealed that the world's central banks had failed to offset the financial imbalances that led to the crisis, and lacked the tools to respond effectively. What lessons should central banks learn from the experience, and how, in a global financial system, should cooperation between them be enhanced? Banking on the Future provides a fascinating insider's look into how central banks have evolved and why they are critical to the functioning of market economies. The book asks whether, in light of the recent economic fallout, the central banking model needs radical reform. Supported by interviews with leading central bankers from around the world, and informed by the latest academic research, Banking on the Future considers such current issues as the place of asset prices and credit growth in anti-inflation policy, the appropriate role for central banks in banking supervision, the ways in which central banks provide liquidity to markets, the efficiency and cost-effectiveness of central banks, the culture and individuals working in these institutions, as well as the particular issues facing emerging markets and Islamic finance. Howard Davies and David Green set out detailed policy recommendations, including a reformulation of monetary policy, better metrics for financial stability, closer links with regulators, and a stronger emphasis on international cooperation. Exploring a crucial sector of the global economic system, Banking on the Future offers new ideas for restoring financial strength to the foundations of central banking. 606 $aBanks and banking, Central 606 $aMonetary policy 608 $aElectronic books. 615 0$aBanks and banking, Central. 615 0$aMonetary policy. 676 $a332.1/1 700 $aDavies$b H$g(Howard),$f1951-$089631 701 $aGreen$b David$f1946-$01045069 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910459204103321 996 $aBanking on the future$92471041 997 $aUNINA