Description
An overview of present day thought on the very topical subject of financial stability and central banking. The papers, written by leading researchers, provide a highly informed account of contemporary policy issues and explore the legal, regulatory, managerial and economic issues that affect central banks.
Table of Contents
1: Financial stability and central banks: an introduction; 2: Financial stability and the Bank: international evidence; 3: The organizational structure of banking supervision; 4: Alternative approaches to regulation and corporate governance in financial terms; 5: Bank capital requirements and the control of bank failure; 6: Crisis management, lender of the last resort and the changing nature of the banking industry; 7: International capital movements and the international dimension to financial crises; 8: Some concluding comments
