This book, written by a multinational team of experts, explores the changing face of central banking in Eastern Europe in the light of modern macroeconomic thinking, providing important and novel insights into the design of monetary policy institutions.With its authoritative content, this book will interest students and academics involved with money and banking, macroeconomics and Eastern European studies. Professionals working for financial institutions will also find plenty that will appeal within these pages.
Author(s): Nigel Healey , Barry Harrison
Edition: New edition
Year: 2004
Language: English
Pages: 352
Book Cover......Page 1
Title......Page 6
Copyright......Page 7
Contents......Page 8
Illustrations......Page 10
Contributors......Page 13
Preface......Page 17
Acknowledgements......Page 18
Part I......Page 20
1 Theoretical perspectives on central bank independence......Page 22
2 The background to reform......Page 64
3 Central banking in transition economies......Page 87
Part II......Page 110
4 The changing role of central banks in market economies......Page 112
5 Central bank independence and macroeconomic performance......Page 126
6 Central bank independence and inflation performance in transition economies......Page 160
Part III......Page 184
7 Central bank independence in the Czech Republic......Page 186
8 Central bank independence in Poland......Page 212
9 Central bank independence in Romania......Page 243
10 Central bank independence in Bulgaria......Page 264
Index......Page 290
