Skip to content
Register Sign in Wishlist

The Past and Future of Central Bank Cooperation

Part of Studies in Macroeconomic History

Piet Clement, Claudio Borio, Gianni Toniolo, Richard N. Cooper, Ethan B. Kapstein, Alexandre Lamfalussy, Beth A. Simmons, Tomasso Padoa-Schioppa
View all contributors
  • Date Published: October 2008
  • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • format: Adobe eBook Reader
  • isbn: 9780511426902

Adobe eBook Reader

Add to wishlist

Other available formats:
Hardback, Paperback

Looking for an inspection copy?

Please email to enquire about an inspection copy of this book

Product filter button
About the Authors
  • This book explores the past and future of central bank cooperation. In today's global economy, the cooperation between central banks is a key element in maintaining or restoring monetary and financial stability, thereby ensuring a smooth functioning of the international financial system. In this book, economists, historians, and political scientists look back at the experience of central bank cooperation during the past century - at its goals, nature, and processes and at its successes and failures - and draw lessons for the future. Particular attention is devoted to the role played by central bank cooperation in the formulation of minimum capital standards for internationally active banks (the Basel Capital Accord, Basel II), and in the process of European monetary unification and the introduction of the Euro.

    • A fresh, multi-faceted look at central bank cooperation
    • Multi-disciplinary approach (economists, historians, political scientists from both Europe and the US)
    • Backward- (history) and forward-looking on future of central bank cooperation
    Read more

    Reviews & endorsements

    Review of the hardback: 'Central banks play as central a role in economic welfare and financial stability today as they have ever played. And globalization makes cooperation among monetary and financial authorities even more crucial than before. This volume throws valuable new light on the way cooperation has been conducted in the past and on some of the key issues that will confront central bank collaboration in the future.' Sir Andrew Crockett, President, JP Morgan Chase International

    Review of the hardback: 'This clear and well researched book on 130 years of central bank cooperation will be a unique tool for historians and economists. It doesn't discuss the desirability of cooperation but it explains how it worked (or, in some cases, did not work).' Jacques de Larosière, Former President, European Bank for Reconstruction and Development

    Review of the hardback: 'It offers a valuable insight into the world of central bank cooperation, both past and future, and how the past is shaping the future.' Journal of Financial History Review

    See more reviews

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity


    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?


    Product details

    • Date Published: October 2008
    • format: Adobe eBook Reader
    • isbn: 9780511426902
    • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • Table of Contents

    Introduction: past and future of central bank co-operation Piet Clement
    1. One hundred and thirty years of central bank cooperation: a BIS perspective Claudio Borio and Gianni Toniolo
    2. Almost a century of central bank cooperation Richard N. Cooper
    3. Architects of stability? International co-operation among financial supervisors Ethan B. Kapstein
    4. Central banks, governments and the European monetary unification process Alexandre Lamfalussy
    5. The future of central bank cooperation Beth Simmons
    6. Interdependence and co-operation: an endangered pair? Tommaso Padoa-Schioppa.

  • Editors

    Claudio Borio, Bank for International Settlements. Switzerland

    Gianni Toniolo, Università degli Studi di Roma 'Tor Vergata'

    Piet Clement


    Piet Clement, Claudio Borio, Gianni Toniolo, Richard N. Cooper, Ethan B. Kapstein, Alexandre Lamfalussy, Beth A. Simmons, Tomasso Padoa-Schioppa

Sign In

Please sign in to access your account


Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner Please see the permission section of the catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×

Find content that relates to you

Join us online

This site uses cookies to improve your experience. Read more Close

Are you sure you want to delete your account?

This cannot be undone.


Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

Please fill in the required fields in your feedback submission.