An inside look at the role and future of central banking in the global economy The crash of 2008 revealed that the world's central banks had failed to offset th

This volume contains two major papers prepared for the Bank of England's Tercentenary Symposium in June 1994. The first, by Forrest Capie, Charles Goodhart and

Central banks have become the go-to institution of modern economies. In the wake of the 2007 financial crisis, they injected trillions of dollars of liquidity �

The value of global cashless payments has been radically increasing worldwide. Despite cash being the most used payment instrument in the world, technological i

Over the past decade central banks have taken on new and expanded roles in an attempt to manage the global financial crisis. Panicos Demetriades, former governo