The Handbook consists of 24 chapters that cover topics ranging from central bank independence and transparency to the impact of unconventional monetary policies. Some chapters also deal with the modelling challenges faced by central banks as well as balance sheet management. The tensions faced...

This paper explains how banking supervision within the EU could be improved by the implementation of greater market discipline and related changes. It draws heavily on the experience of New Zealand, where there was a major shift in this direction in the mid-1990s. Although existing EU law,...

We study lessons from the experience of Finland in meeting the challenges of joining the euro area at its outset and its subsequent economic success. Traditional optimum currency area theory is too limited a framework for judging the experience in qualifying and membership.Five main factors have...

_Ref337633482 -- Ref_XBasel%3Areprcb -- Ref_XGoodhartC%3Afisbsc -- Ref_XTurnerA%3Aturnrr -- Ref_XCihakM%3Acasebc -- Table 1 Estimates of tariff equivalents on manufactured goods resulting from all trade barriers (in per cent) -- Table 2 Effects of UK and EU tariff of 10 per cent on agriculture...

This paper is a discussion of how the People’s Republic of China is attempting to revise accounting standards. Historically, China’s accounting standards were dominated by ‘management’ accounting and compliance and achievement of goals and objectives established by central planning...

This paper re-considers the notion of ‘comparability’ as it has been applied to the accounting standard harmonisation project and its implications for accounting practices that are emerging in China. Comparability is a concept that has been widely referred to within the accounting...

A historical perspective lens may be useful to help people understand the world of accounting and accounting research. Some believe that the role that accounting plays in current society could be better understood by reviewing its historical association with the institutionalization development...