Currency, Credit and Crisis: Central Banking in Ireland and Europe (Studies in Macroeconomic History) - Softcover

Honohan, Patrick

Softcover

ISBN 10: 1108741584 ISBN 13: 9781108741583

Publisher: Cambridge University Press, 2019

Synopsis

The global financial crisis in 2008 brought central banking to the centre stage, prompting questions about the role of national central banks and - in Europe - of the multi-country European Central Bank. What can central banks do, and what are their limitations? How have they performed? Currency, Credit and Crisis seeks to provide a coherent perspective on the functions of a central bank in a small country by assessing the way in which Ireland's financial crisis from 2010 to 2013 was handled. Drawing on his experiences as Governor of the Central Bank of Ireland and in research and policy work at the World Bank, Patrick Honohan offers a detailed analytical narrative of the origins of the crisis and of policy makers' conduct during its most fraught moments.

About this title

Book Description:

Ireland's spectacular financial bubble, bust and recovery has been an important strand of the global financial crisis. In this book, an experienced insider provides a detailed narrative of Ireland's crisis and recovery within a discussion of what central banks do well, what they do poorly and how policymaking should adjust.

About the Author:

Patrick Honohan is Honorary Professor of Economics at Trinity College Dublin, Nonresident Senior Fellow at the Peterson Institute for International Economics and a Research Fellow of the Centre for Economic Policy Research (CEPR).

About this edition

• Publisher: Cambridge University Press
• Publication date: 2019
• ISBN 10: 1108741584
• ISBN 13: 9781108741583
• Binding: Paperback
• Number of pages: 392