With central banks becoming monetary authorities, research departments have become a core element of a modern central bank. Crucial elements of a central bank research department are contributing to monetary policymaking and sustaining a dialogue with the academic community. The importance of...

This Working Paper is a chapter forthcoming in Piki Ish-Shalom, Markus Kornprobst, and Vincent Pouliot, eds, Perspectives on Cognitive Evolution and World Ordering: Opening New Vistas, discussing Emanuel Adler's opus magnum on World Ordering. It uses Adler's analysis of power to unpack his...