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Central banking through the centuries

Abstract:
Anniversaries are occasions for remembrance and reflections on one’s history. Many central banks take the occasion of an anniversary to publish books on their history. In this essay we discuss five recent books on the history of central banking and monetary policy. In these volumes, the Great Financial Crisis and the way which it obliged central banks to reinvent themselves occupies an important place. Although this was certainly not the first time in the history of central banking, the magnitude of the modern episode is remarkable. As comes clearly to the fore in these volumes, there is now, also in the historiography of central banking, much more attention to the (shifting) balance between price stability and financial stability. The history of central banking is more perceived as one of an institution whose predominant concern varied between “normal” times and “extraordinary” times. So, central banks will have to remain vigilant, as one should expect financial crises to return. Moreover, the new world of central banking, with a greater responsibility of central banks for financial stability, will make life more complicated for central banks. It may have also consequences for central bank independence, as the modalities of the two mandates, price and financial stability, are not the same. Another aspect which comes to the fore in these volumes is the relationship between central banking and state formation. Historically, central banks have been embedded in processes of nation-building. By extending their network of branches across the country, or by being at a center of a system of liquidity provision, ultimately tied to the national currency, they played a key role in the shaping of “national economies”.
Author Listing: Ivo Maes
Volume: 51
Pages: 957-966
DOI: 10.1215/00182702-7803739
Language: English
Journal: History of Political Economy

HISTORY OF POLITICAL ECONOMY

HIST POLIT ECON

影响因子:0.9
是否综述期刊:否
是否OA:否
是否预警:不在预警名单内
发行时间:-
ISSN:0018-2702
发刊频率:-
收录数据库:Scopus收录
出版国家/地区:-
出版社:Duke University Press

期刊介绍

年发文量 45
国人发稿量 1
国人发文占比 2.7%
自引率 11.1%
平均录取率 -
平均审稿周期 -
版面费 -
偏重研究方向 Multiple-
期刊官网 -
投稿链接 -

质量指标占比

研究类文章占比 OA被引用占比 撤稿占比 出版后修正文章占比
95.56% 0.00% 0.00% 0.00%

相关指数

影响因子
影响因子
年发文量
自引率
Cite Score

预警情况

时间 预警情况
2025年03月发布的2025版 不在预警名单中
2024年02月发布的2024版 不在预警名单中
2023年01月发布的2023版 不在预警名单中
2021年12月发布的2021版 不在预警名单中
2020年12月发布的2020版 不在预警名单中

JCR分区 WOS分区等级:Q1区

版本 按学科 分区
WOS期刊SCI分区
(2021-2022年最新版)
ECONOMICS Q2
HISTORY OF SOCIAL SCIENCES Q3

中科院分区

版本 大类学科 小类学科 Top期刊 综述期刊
人文科学
3区
ECONOMICS
经济学
4区
HISTORY OF SOCIAL SCIENCES
社会科学史
3区
2021年12月
升级版
人文科学
3区
ECONOMICS
经济学
4区
HISTORY OF SOCIAL SCIENCES
社会科学史
3区
2020年12月
旧的升级版
人文科学
2区
ECONOMICS
经济学
3区
HISTORY OF SOCIAL SCIENCES
社会科学史
2区
2022年12月
最新升级版
历史学
2区
ECONOMICS
经济学
3区
HISTORY OF SOCIAL SCIENCES
社会科学史
3区