Central Banking: Theory and Practice in Sustaining Monetary and Financial Stability

by Thammarak Moenjak

Understand the theories and interpret the actions of modern central banks Central Banking takes a comprehensive look at the topic of central banking, and provides readers with an understanding and insights into the roles and functions of modern central banks in advanced as well as emerging economies, theories behind their thinking, and actual operations practices. The book takes a systematic approach to the topic, while providing an accessible format and style that is appropriate for general audiences and students with only a minimal macroeconomic background. Theoretical reviews and examples of how the theories are applied in practice are presented in an easy-to-understand manner and serve as a guide for readers to further investigate specific ancillary central banking topics and as a means to make informed judgments about central bank actions. Important topics covered in the book Designed as essential reading for students, market analysts, investors, and central banks' new recruits, Central Banking better positions readers to interpret the actions of central banks and to understand the complexities of their position in the global financial arena.

320 pages, Hardcover

First published September 9, 2014

Reviews

[Stephanus · Rating 5 out of 5]

the very first central banking book that hooked my interest.
the author uses sophisticated words yet a very clear explanation of each jargon.
the book captures the evolution of the central bank, from its novel role of an institution to deposit valuable assets and its evolutions with time to finally become a political institution given its previous, current, and forecasted future challenges.

[Thanakrit Sakulthai]

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