Inside Bundesbank

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The Deutsche Bundesbank is one if the world's most powerful and successful central banks, outstanding for its independence in the conduct of monetary policy and for its success in the achievement of relative price stability virtually throughout the post-war era. This collection of essays by the President of the Bundesbank, by former and present board members and by heads of departments within the Bundesbank offer a rare insight into its operations from the inside. The individual contributions to this volume ...
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1998 Hard cover New in fine dust jacket. Sewn binding. Cloth over boards. 208 p. Audience: General/trade. w/ shelfworn dust jacket.

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Overview

The Deutsche Bundesbank is one if the world's most powerful and successful central banks, outstanding for its independence in the conduct of monetary policy and for its success in the achievement of relative price stability virtually throughout the post-war era. This collection of essays by the President of the Bundesbank, by former and present board members and by heads of departments within the Bundesbank offer a rare insight into its operations from the inside. The individual contributions to this volume explain the historical, legal and institutional basis of German internal and external monetary policy and highlight the goals of the German central bank and its role in the economy as a whole. The functions of the Deutschmark as one of the leading investment currencies are discussed in some detail by the only non-Bundesbank contributor to this volume.
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Editorial Reviews

Booknews
A collection of essays by the president of the Deutsche Bundesbank, by former and present Board members, and by Heads of Departments within the Bundesbank, offering rare insight into its operations. Contributors explain the historical, legal, and institutional basis of German internal and external monetary policy, and highlight the goals of the German central bank and its role in the economy as a whole. Also discussed are the functions of the Deutsche Mark as one of the leading currencies, and personal views on German monetary unification. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9780312212537
  • Publisher: St. Martin's Press
  • Publication date: 1/28/1998
  • Pages: 216
  • Product dimensions: 5.61 (w) x 8.72 (h) x 0.84 (d)

Table of Contents

List of Tables and Figures
Acknowledgements
Foreword by the President of the Deutsche Bundesbank
Notes on the Contributors
List of Abbreviations
Introduction
1 The Bundesbank: Committed to Stability 1
2 Bundesbank Independence, Organisation and Decision-Making 11
3 German Monetary Unification: Domestic and External Issues 20
4 Monetary Policy: Targets and Instruments 32
5 Relations between the Bundesbank and the Federal Government 45
6 Banking Supervision: Who is Doing What? 56
7 Recollections of the German Treaty Negotiations of 1990 68
8 German Unification: A Personal View 110
9 Ethics and Morals in Central Banking: Do They Exist, Do They Matter? 120
10 The Evolution of the Deutsche Mark as an International Currency 139
11 Profiles of Bundesbank Presidents 174
Index 181
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