The Age of Central Banks

This economic history of central banking explores the numerous roles of national financial institutions in the development of mature modern systems and posits that, contrary to popular belief, central banks manage much more than just monetary policy, and in fact play an essential structural role in the development of civic, political and economic "trust" required by modern economic systems. The volume provides technical examples as well as analysis of specific economic data. Gianni is the former deputy director for international relations at the Bank of Italy. Annotation 穢2012 Book News, Inc., Portland, OR (booknews.com)