The activities of central banks are relevant to everyone in society. This book starts by considering how and why in general central banks evolved and specifically the special aspects of the contribution of the North-Northern European Central Banking Tradition. With that foundation, the book will then turn to a series of contemporary themes: firstly independence, and how central banks can actually influence their respective economies; secondly goals and responsibilities; finally, governance. With contributions from such scholars as Marc Flandreau, Anne Sibert and Forrest Capie - this volume will be useful reading for monetary economists around the world as well as all those with an interest in central banks and banking more generally.
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