The Evolution of Central Banks employs a wide range of historical evidence and reassesses current monetary analysis to argue that the development of non-profit-

The Changing Role of Central Banks derives lessons from current economic and financial challenges as well as failures in confronting them. Through this approach

Central Banks should enjoy a fair degree of autonomy in pursuing price stability to promote long-run growth and prosperity. This volume, edited by Patrick Downe

Central banks have become the go-to institution of modern economies. In the wake of the 2007 financial crisis, they injected trillions of dollars of liquidity �

This book is the first complete survey of the evolution of monetary institutions and practices in Western countries from the Middle Ages to today. It radically