The Political Economy of Central Banking: A Short History of the Changing Role of Central Banks

Author:   Alessandro Roselli
Publisher:   Springer International Publishing AG
Edition:   2025 ed.
ISBN:  

9783031770357


Pages:   348
Publication Date:   31 January 2025
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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The Political Economy of Central Banking: A Short History of the Changing Role of Central Banks


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Author:   Alessandro Roselli
Publisher:   Springer International Publishing AG
Imprint:   Palgrave Macmillan
Edition:   2025 ed.
ISBN:  

9783031770357


ISBN 10:   3031770358
Pages:   348
Publication Date:   31 January 2025
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Chapter I Money and Credit: Inseparable like the Grinning from the Cheshire Cat.- Chapter II How Banks of Issue Became Central Banks.- Chapter III Central Bank at War: Subservient to the Government.- Chapter IV  Interwar Phase 1. Gold Standard Re-establishment and the Great Depression.- Chapter V Interwar Phase 2. The London Conference and the Gold Standard Collapse.- Chapter VI Central Bank: Independent Within the Government.- Chapter VII Inflation Is Always and Everywhere a Monetary Phenomenon.- Chapter VIII Banking Supervision in a Context of Deregulation.- CHAPTER X    Financial Crisis and Recession.

Reviews

“The main strength of the book is related to the relationships between the central bank and their own governments ... . If anyone needs a single book on this subject, Roselli's work would be the one I would choose. ... It works extremely well for its intended audience ... .” (Charles Goodhart, Central Banking, centralbanking.com, May 23, 2025)


Author Information

Alessandro Roselli spent most of his career at the Bank of Italy. He has been a Jemolo fellow at Nuffield College, University of Oxford, an honorary fellow at Cass (now Bayes) Business School, City, University of London, and is now a visiting research fellow of the Max Beloff Institute, University of Buckingham. He has written extensively on economic history and financial regulation.

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Latest Reading Guide

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