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The commission's two major recommendations were the establishment of a Canadian central bank (passed by a 3–2 margin with White and Leman in opposition) and the establishment of an inquiry "to investigate the existing organizations for the provision of rural credit with a view to the preparation of a scheme for the consideration of Parliament ...
Monetary Policy, Financial Stability and Central Banking in India (Macmillan India Ltd, New Delhi, 2006) ISBN 1403929025; Re-emerging India – A Global Perspective (ICFAI University Press: Hyderabad, 2005) ISBN 8178817969; Outcaste – A Memoir: Life and Triumphs of an Untouchable Family in India (Penguin, India, 2003) ISBN 0670049727
The Central Bank and The Financial System: Palgrave Macmillan: This book contains a collection of twenty-one published articles that address the shifting purpose of central banks over time, assess attempts to preserve price stability and critique debates about the United Kingdom's financial regulation proposals.
The Macmillan Report "served as a venue in which J. M. Keynes challenged the 'Treasury View'", according to economist Friedrich von Hayek. [5] The report was largely authored by Keynes, and it recommended several Keynesian policies such as nationalization of the Bank of England (which later happened in 1946) and government regulation of ...
Other central banks were invited to participate in this joint project, and there are now some 50 sponsoring institutions. The primary objectives of the IJCB are to widely disseminate the best policy-relevant and applied research on central banking and to promote communication among researchers both inside and outside of central banks.
British book publisher Macmillan is normally in the news thanks to its bestselling authors or skirmishes with retailers like Amazon (AMZN). But now it has entered the crosshairs of the World Bank ...
Whereas used in many textbooks, the realism of the money multiplier theory is questioned by several economists, and it is generally rejected as a useful description of actual central bank behaviour today, partly because major central banks generally have not tried to control the monetary supply during the last decades, hence making the theory ...
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. [1] In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base.