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Reforming Central Banking STEPHEN KIRCHNER
Author(s) -
Bell Stephen
Publication year - 1997
Publication title -
australian journal of public administration
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.524
H-Index - 41
eISSN - 1467-8500
pISSN - 0313-6647
DOI - 10.1111/j.1467-8500.1997.tb01273.x
Subject(s) - deregulation , monetary policy , financial stability , economics , politics , central bank , price of stability , financial system , political economy , monetary system , keynesian economics , monetary economics , international economics , political science , economic history , economic policy , market economy , law
This book is about which monetary institutions and monetary regimes are most likely to promote: price stability. As such it is a welcome addition to the literature on this much debated question, especially because it provides such a lucid account of Kirchner's side of the debate. The questions he explores are important because central banks have become much more significant in recent times. Indeed, momentous changes in political economy, especially in the last decade in the wake of global and domestic financial deregulation, have propelled monetary policy and central banks to a new prominence.