Understanding Central Banks

More about the book

Exploring the pivotal role of central banks in modern economies, this book addresses their influence on the financial system and macroeconomic fundamentals like inflation and unemployment. It delves into how monetary policy is implemented, including adjustments to the money supply, and discusses the implications of central bank independence and the pros and cons of a common currency. The text aims to provide clear and accessible insights into the complexities of central banking, particularly during economic crises.