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The Quiet Revolution: Central Banking Goes Modern (Arthur M. Oku
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- Book Title
- The Quiet Revolution: Central Banking Goes Modern (Arthur M. Oku
- ISBN
- 9780300100877
- Publication Year
- 2004
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- The Quiet Revolution: Central Banking Goes Modern
- Item Height
- 226mm
- Publisher
- Yale University Press
- Item Width
- 149mm
- Subject
- Finance
- Item Weight
- 318g
- Number of Pages
- 144 Pages
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Product Information
Although little noticed, the face of central banking has changed significantly over the past ten to fifteen years, says the author of this enlightening book. Alan S. Blinder, a former vice chairman of the Federal Reserve System and member of President Clinton's Council of Economic Advisers, shows that the changes, though quiet, have been sufficiently profound to constitute a revolution in central banking. Blinder considers three of the most significant aspects of the revolution. The first is the shift toward transparency: whereas central bankers once believed in secrecy and even mystery, greater openness is now considered a virtue. The second is the transition from monetary policy decisions made by single individuals to decisions made by committees. The third change is a profoundly different attitude toward the markets, from that of stern schoolmarm to one of listener. With keenness and balance, the author examines the origins of these changes and their pros and cons.
Product Identifiers
Publisher
Yale University Press
ISBN-13
9780300100877
eBay Product ID (ePID)
95285070
Product Key Features
Publication Name
The Quiet Revolution: Central Banking Goes Modern
Format
Hardcover
Language
English
Subject
Finance
Publication Year
2004
Type
Textbook
Number of Pages
144 Pages
Dimensions
Item Height
226mm
Item Width
149mm
Item Weight
318g
Additional Product Features
Series Title
Spare
Country/Region of Manufacture
United States
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