Central Bank Policy: Theory and Practice

Central Bank Policy: Theory and Practice examines central bank policies and practices, focusing on good governance and quantitative analyses. It bridges the gap between theory and practice, addressing lesser-known policy practices and providing a practical tool for policymakers, practitioners, and academic researchers.

Format: Paperback / softback
Length: 592 pages
Publication date: 05 September 2022
Publisher: Emerald Publishing Limited

Central Bank Policy: Theory and Practice delves into the examination of policies and practices implemented by central banks across the globe, as well as the institutional frameworks that support the principles of effective governance in policymaking. The discussion revolves around philosophical and conceptual theories that hold significant implications for central bank policymaking, and these findings are supported by robust quantitative analyses and case studies that shed light on recent challenges in centralized financial policymaking, such as the implementation of the Inflation Targeting Framework in Indonesia. By bridging the gap between theory and practice within the central bank policy framework, the book goes beyond the rapid pace of theoretical advancements to explore lesser-known and understudied policy practices, such as the Flexible Inflation Targeting Framework and macroprudential policy. With a comprehensive scope and extensive materials presented, coupled with the authors' extensive expertise and involvement in the policymaking process at Bank Indonesia, Central Bank Policy emerges as a indispensable practical tool and valuable reference resource for policymakers, practitioners, and academic researchers in the fields of financial, banking, and monetary policies.

Weight: 846g
Dimension: 151 x 229 x 37 (mm)
ISBN-13: 9781789737547