Central Bank Capital in Turbulent Times

Name: Central Bank Capital in Turbulent Times
Brand: Springer Nature Switzerland
Availability: OutOfStock
Rating: 5 (1 reviews)

By Dirk Broeders

0 - Default Title

Description

This open access book provides a comprehensive overview of the vulnerabilities of central banks' financial accounts and the implications for central bank capital and risk management in turbulent times. By combining the perspectives of academics, risk managers and policy makers, it sheds light on the complex challenges facing central banks and offers key insights into safeguarding the stability of financial systems in an uncertain future. In an era of heightened uncertainty, central banks face unprecedented risks. Following consecutive crises, they have expanded their monetary policy toolkit through quantitative easing and credit extension, which has bloated their balance sheets and exposed them to substantial risks. Moreover, central banks are confronting novel challenges like climate change and nature loss, which threaten their objectives of price stability and financial stability. At the same time, central banks find themselves in a precarious position, as they raise interest rates to combat inflation, generating financial losses on their asset portfolios. These losses threaten to erode their capitalization, a cornerstone of central bank independence and credibility.

Product details

Edition:: 1
Number of Pages:: 344
Release Date:: 2025-07-24
Publication Date:: 2025-07-24
Publisher:: Springer Nature Switzerland
Languages:: Original: English
ISBN10:: 303173548X
ISBN13:: 9783031735486
GPSR Manufacturer Reference:: [email protected]
Weight:: 680 g
Height:: 160 cm
Width:: 241 cm
Thickness:: 25 cm

Buy on Amazon

Currently sold out