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Central Bank Governance: Evolution, Goals, and Crises

Forrest Capie and Geoffrey Wood

No 1631, BAFFI CAREFIN Working Papers from BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy

Abstract: Governance: What and Why? Corporate governance was discussed before the financial crises of earlier this century, but attention to it has increased dramatically since that crisis. What is governance, and why did it suddenly become so interesting? The Oxford English Dictionary gives a comprehensive definition. It tells us governance has six meanings: the action or manner of governing; the state of being governed; the office, function, or power of governing; method of management, system of regulations; mode of living, behaviour, demeanour; wise self command.

Pages: 17 pages
Date: 2016
New Economics Papers: this item is included in nep-his and nep-mon
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