C.A.E. Goodhart

A collection of papers presented at the International Conference on Japanese Financial Growth, held in London in October 1988. The papers cover not only the subject of Japanese financial development, but also the question of how its likely future patterns may affect the global capital market.

This is a completely revised edition of the well-known monetary textbook. The book discusses the latest analytical developments in monetary economic theory in a comprehensible and practical policy- orientated form for graduates and undergraduates specialising in monetary economics. The book provides a comprehensive survey of monetary economics, with the first nine chapters primarily concerned with micro issues, such as the role of, and demand for, money, the role and functions of banks and of the Central Bank; and the final nine chapters covering macro-economic issues, such as the transmission mechanism of monetary policy and international monetary problems.