Australia's Money Mandarins: The Reserve Bank and the Politics of Money
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Australia's Money Mandarins: The Reserve Bank and the Politics of Money

by Stephen Bell
     
 

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ISBN-10: 0521839904

ISBN-13: 9780521839907

Pub. Date: 04/28/2004

Publisher: Cambridge University Press

The Reserve Bank of Australia (RBA) led a fairly conservative existence until the early 1980s when the economy experienced waves of financial market deregulation and general economic liberalization. This book tells the story of monetary policy and the political role of the Reserve Bank over the past two decades. It reveals how the bank has been used as a "political

Overview

The Reserve Bank of Australia (RBA) led a fairly conservative existence until the early 1980s when the economy experienced waves of financial market deregulation and general economic liberalization. This book tells the story of monetary policy and the political role of the Reserve Bank over the past two decades. It reveals how the bank has been used as a "political football", describes conflicts with the government and the Department of Treasury, and how the bank finally adjusted to political turmoil and managed to assert a level of independence in the 1990s.

Product Details

ISBN-13:
9780521839907
Publisher:
Cambridge University Press
Publication date:
04/28/2004
Pages:
238
Product dimensions:
5.98(w) x 8.98(h) x 0.63(d)

Related Subjects

Table of Contents

1. Slowly building the Reserve Bank; 2. Into the monetary policy wilderness; 3. Snapping the stick of inflation; 4. A measure of peace? Monetary policy in the 1990s; 5. Towards RBA independence; 6. RBA independence - why?; 7. Should the RBA be independent?; 8. Internal governance and the board; 9. New challenges in a world of asset inflation.

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