When the global financial crisis broke, central banks in both the US and the UK undertook massive asset purchase programmes which resulted in considerable increase in assets. The book begins by providing an overview of central banking, before exploring some stylized facts about central banks in unique detail.
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Covers the history of the Bank for International Settlements (BIS), from its founding in Basel in 1930 to the end of the Bretton Woods system in 1973, with a focus on cooperation among the main central banks for the stability and efficiency of the international...
kr 489.00
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The European Central Bank (ECB) was first introduced in the European legal order on the occasion of the Treaty of Maastricht (1992). An official EU institution which is governed by EU law, the ECB of modern times differs vastly from its inception in 1998,...
kr 1349.00
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The 2008 financial crisis led to more and more frequent political attacks on central banks. The recent spotlight on central bank independence is reminiscent of the fiery debates amongst Germany''s political elites in 1949 on the same issue;...
kr 1099.00
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In this wide-ranging review, Michael Lloyd explores the potential opportunities and threats that the advent of CBDCs will have for commercial banking, business, individuals and the central banks themselves, as well as the world's monetary system.
kr 449.00
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