Central banks

Central banks

by Philipp Hildebrand, Group of Thirty

Book 90 of Occasional papers (Group of Thirty) --

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"Central banking was never an easy job. But it has certainly reached new levels of complexity since the crisis of 2008. Central banks all over the world have faced extraordinary conditions and met them with extraordinary tools. Along the way they were criticized both for what they did and what they didn't do, and as a result some are now facing governance reviews and mandate changes."--Introduction.

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