Assessment of Central Banks' Future Role

Abstract: A 3 page paper discussing the declining influence of central banks in the global economy dependent more on the movement of exchange rates than on actions arising from monetary policy. The paper uses an older (1997) article for comparison and assesses the statement in a 2004 context. It appears that the observations of the author of the primary article (Posen, 2004) are correct and that central banks

Filename: KSbankArtRev.rtf

Pages: 3

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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