The Past and Future of Central Bank Cooperation

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.

Author: Claudio Borio
Publisher: Cambridge University Press
Published: 08/11/2008
Pages: 260
Binding Type: Hardcover
Weight: 1.10lbs
Size: 8.90h x 6.10w x 0.90d
ISBN: 9780521877794

Review Citation(s):
Choice 02/01/2009

This title is not returnable