Making a modern central bank : the Bank of England 1979-2003 /

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Bibliographic Details
Author / Creator:James, Harold, 1956- author.
Imprint:Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2020.
©2020
Description:xxiii, 543 pages : illustrations ; 24 cm.
Language:English
Series:Studies in macroeconomic history
Studies in macroeconomic history.
Subject:
Format: Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12512524
Hidden Bibliographic Details
ISBN:9781108835015
1108835015
9781108799492
1108799493
9781108875189
Notes:Includes bibliographical references and index.
Summary:"Making a Modern Central Bank examines a revolution in monetary and economic policy. This authoritative guide explores how the Bank of England shifted its traditional mechanisms to accommodate a newly internationalized financial and economic system. The Bank's transformation into a modern inflation-targeting independent central bank allowed it to focus on a precisely defined task of monetary management, ensuring price stability. The reframing of the task of central banks, however, left them increasingly vulnerable to financial crisis. James vividly outlines and discusses significant historical developments in UK monetary policy, and his knowledge of modern European history adds rich context to archival research on the Bank of England's internal documents. A worthy continuation of the previous official histories of the Bank of England, this book also reckons with contemporary issues, shedding light on the origins of growing backlash against globalization and the European Union"--
Other form:Online version: James, Harold, 1956- Making a modern central bank New York : Cambridge University Press, 2020. 9781108875189

MARC

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520 |a "Making a Modern Central Bank examines a revolution in monetary and economic policy. This authoritative guide explores how the Bank of England shifted its traditional mechanisms to accommodate a newly internationalized financial and economic system. The Bank's transformation into a modern inflation-targeting independent central bank allowed it to focus on a precisely defined task of monetary management, ensuring price stability. The reframing of the task of central banks, however, left them increasingly vulnerable to financial crisis. James vividly outlines and discusses significant historical developments in UK monetary policy, and his knowledge of modern European history adds rich context to archival research on the Bank of England's internal documents. A worthy continuation of the previous official histories of the Bank of England, this book also reckons with contemporary issues, shedding light on the origins of growing backlash against globalization and the European Union"--  |c Provided by publisher. 
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