Central Banking and Evolution of the Global Financial Systems: From Precious Metals to Sophisticated

This book offers an in-depth examination of the pivotal role central banks have played in shaping the economic landscape from their origins to the present. It delves into the transition from metal-based currencies to sophisticated monetary policies, highlighting key developments such as the Bretton Woods system, the rise of monetarism, and the challenges of global financial crises. Through exploring shifts in monetary policy, speculative attacks, and the impact of climate change, the book underscores central banks' adaptability and critical function in maintaining economic stability and fostering global financial integration in an ever-evolving world. "Central Banking and Evolution of the Global Financial Systems" is book 1 of the Series Monetary Policies and Central Banking.