The Evolution of Central Banking and Monetary Policy in the Asia-Pacific by Akhand Akhtar Hossain Edward Elgar Publishing Limited, UK, 2015 Pp. 636. ISBN: 978 0 85793 780 3

2017 ◽  
Vol 31 (2) ◽  
pp. 159-160
Author(s):  
Hemantha K.J. Ekanayake
2017 ◽  
Vol 34 (3) ◽  
pp. 574-575
Author(s):  
Akhand Akhtar Hossain ◽  
Sasidaran Gopalan ◽  

Author(s):  
Peter Dietsch

Monetary policy, and the response it elicits from financial markets, raises normative questions. This chapter, building on an introductory section on the objectives and instruments of monetary policy, analyzes two such questions. First, it assesses the impact of monetary policy on inequality and argues that the unconventional policies adopted in the wake of the financial crisis exacerbate inequalities in income and wealth. Depending on the theory of justice one holds, this impact is problematic. Should monetary policy be sensitive to inequalities and, if so, how? Second, the chapter argues that the leverage that financial markets have today over the monetary policy agenda undermines democratic legitimacy.


2021 ◽  
Vol 12 (1) ◽  
pp. 172-175
Author(s):  
Yogita Lokhande

Yu-Min Joo and Teck-Boon Tan (Eds.). Smart Cities in Asia, Governing Development in the Era of Hyper-Connectivity (UK: Edward Elgar Publishing Limited in collaboration with Edward Elgar Publishing, Inc.), 2020 ISBN: 978-17-889-7287-1 (cased), 978-17-889-7288-8 (eBook).


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