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Introduction -- A Pre-history of the Federal Reserve -- Does U.S. History Vindicate Central Banking? - Ben Bernanke … present a thorough and fundamental analysis of the Fed in the recent past, as well as over the entire course of its history … a budding recovery. The book contains not only a critical analysis of the activities of the Fed over its history, but …
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to connected banks. Connected lending of last resort fueled the worst banking crisis in French history, caused an …
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Recent crises have cast doubt on the legitimacy of technocratic power, yet its role in global economic governance remains poorly understood. Revisiting the collapse of Bretton Woods, we propose a dynamic theory of global monetary governance to explain how expanding central bank discretion can...
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The functioning of multi-nation monetary unions with several central banks is conditioned by many factors and considerations, such as the capacity to deal with crises, the political will and operational skill to foster financial integration and to develop a mix of rules and discretion in the...
Persistent link: https://www.econbiz.de/10013447604
to connected banks. Connected lending of last resort fueled the worst banking crisis in French history, caused an …
Persistent link: https://www.econbiz.de/10014262411