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.
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
254 pages