The Past and Future of Central Bank Cooperation
Claudio Borio, Gianni Toniolo, Piet Clement
This book explores the past and future of central bank cooperation. In today's global economy, the cooperation between central banks is a key element in maintaining or restoring monetary and financial stability, thereby ensuring a smooth functioning of the international financial system. Or is it? In this book, economists, historians, and political scientists look back at the experience of central bank cooperation during the past century - at its goals, nature, and processes and at its successes and failures - and draw lessons for the future. Particular attention is devoted to the role played by central bank cooperation in the formulation of minimum capital standards for internationally active banks (the Basel Capital Accord, Basel II), and in the process of European monetary unification and the introduction of the euro.
Год:
2008
Издание:
1
Издательство:
Cambridge University Press
Язык:
english
Страницы:
260
ISBN 10:
0511429959
ISBN 13:
9780521877794
Серия:
Studies in Macroeconomic History
Файл:
PDF, 1.25 MB
IPFS:
,
english, 2008