ID - 25492023 TI - Central banks at a crossroads : what can we learn from history? AU - Bordo, Michael D. AU - Eitrheim, Øyvind AU - Flandreau, Marc AU - Qvigstad, Jan F. PY - 2016 SN - 9781107149663 9781316570401 1107149665 1108791980 1316655725 1316655377 1316656071 131665642X 1316570401 1316657825 1316653277 9781316657829 9781316657478 1316657477 9781316656426 9781316656075 PB - New York, N.Y. Cambridge University Press DB - UniCat KW - Private finance KW - Banks and banking, Central KW - Monetary policy KW - History. KW - History KW - Banks and banking, Central - History KW - Monetary policy - History KW - Banker's banks KW - Banks, Central KW - Central banking KW - Central banks KW - Banks and banking UR - https://www.unicat.be/uniCat?func=search&query=sysid:25492023 AB - Throughout their long history, the primary concern of central banks has oscillated between price stability in normal times and financial stability in extraordinary times. In the wake of the recent global financial crisis, central banks have been given additional responsibilities to ensure financial stability, which has sparked intense debate over the nature of their role. Bankers and policy makers face an enormous challenge finding the right balance of power between the central bank and the state. This volume is the result of an international conference held at Norges Bank (the central bank of Norway). International experts and policy makers present research and historical analysis on the evolution of the central bank. They specifically focus on four key aspects: its role as an institution, the part it plays within the international monetary system, how to delineate and limit its functions, and how to apply the lessons of the past two centuries. ER -