Central Bank Roles

The book progresses from foundational concepts like money creation to complex topics such as systemic risk and international cooperation. It analyzes the tools central banks use—interest rates, reserve requirements, and open market operations—to navigate economic shocks, referencing events such as the 2008 financial crisis. Real-world case studies and data from organizations like the IMF and BIS illustrate the practical challenges policymakers face.

This book offers a unique comparative perspective on central banking practices across different countries, highlighting both commonalities and differences in their approaches. By examining the mechanics of monetary policy and regulation, it equips readers with the knowledge to critically assess central bank actions and their broader societal impact.