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.
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Six papers consider how to promote financial stability. Topics include the organizational structure of banking supervision; the involvement of central banks in crisis management, and the changing nature of the banking industry.
–Journal of Economic Literature Sept 2002
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