Making a Modern Central Bank. The Bank of England, 1979-2003

Notes:

Official history by eminent US scholar dealing with the Bank's role in monetary and economic policy, notably within the context of a newly internationalized financial and economic system and manifested most obviously through its inflation-targeting responsibilities and strategies. Chapters include: 'Foreign fetters'; 'Performance of the UK economy'; 'The inexplicable in pursuit of the uncontrollable'; ''A good deal of advice' - The battle over policy control'; 'The long shadow of the Deutschemark - the exchange rate alternative'; 'Hong Kong - bank crises and currency crises'; 'Shaved eyebrows - banking and financial supervision'; 'Tunnelling deep - the Bank and the management of British industry'; 'Great leap in the dark - the Bank, the Delors Committee and the Euro'; 'The spine theory and its collapse - the ERM and the 1990s recession'; ''You can't be in and out at the same time' - the legacy of Delors'; 'Horses for courses - the drive for independence'; 'Failure of internal communication - the development of banking supervision in the 1990s'; 'The new Bank - a University of Threadneedle Street?'