Central Banking in times of adversities: Shadow banking, quantitive easing, inflation, social responsibilities and more by Elder Silva, Gabriele Zatelli
English | 2022 | ISBN: N/A | ASIN: B0BR4G3677 | 120 pages | MOBI | 0.92 Mb
For those who don't know what a shadow bank is, this book is a good starting point. Despite appearing to be an exotic figure, shadow banks are not new, but they have grown exponentially in the last two decades and their role has become a protagonist in the financial system, becoming a headache for central banks in several countries. It is impossible nowadays to understand how the market works without having a good idea of what shadow banks are. In this book you will find good resources to update yourself on this subject, which is relevant and current.
At the same time that central banks are struggling to deal with shadow banks, their importance in our society is growing. In this book is discussed the main challenges face by central banks. By visiting the history of these institutions, we get to know their initial challenges and objectives. Along the pages we will see how and why the initial objectives were being expanded, until we reached the current moment. Around the world, central banks are being called upon to participate in the solution of the most diverse problems. Combating income inequality, global warming, reducing gender inequality, among others, are some of the agenda's society tries to include in the framework of central banks.
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