Rethinking Central Banking (Eichengreen et ali)

Rethinking Central Banking by Barry Eichengreen, Eswar Prasad and Reghuram Rajan published by VOXEU. “This column argues that it is time to properly flesh out an alternative framework. Financial stability shoud be an explicit mandate of central banks, and international coordination among central banks should be boosted by forming a small group of systemically significant central banks that regularly meets and issues reports to the G20 on their financial-stability policies.”