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Palgrave Macmillan

Inside the Bundesbank

  • Book
  • © 1998

Overview

Editors:
  1. Stephen F. Frowen

    1. Department of Economics, University College London, UK
      Monetary Economics, Free University of Berlin, Germany

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  2. Robert Pringle

    1. Central Banking, Germany

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Table of contents (11 chapters)

  1. Front Matter

    Pages i-xxii
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  2. The Bundesbank: Committed to Stability

    • Hans Tietmeyer
    Pages 1-10

  3. Bundesbank Independence, Organisation and Decision-Making

    • Leonhard Gleske
    Pages 11-19

  4. German Monetary Unification: Domestic and External Issues

    • Reiner König, Caroline Willeke
    Pages 20-31

  5. Monetary Policy: Targets and Instruments

    • Peter Schmid
    Pages 32-44

  6. Relations between the Bundesbank and the Federal Government

    • Bertold Wahlig
    Pages 45-55

  7. Banking Supervision: Who is Doing What?

    • Jürgen Becker
    Pages 56-67

  8. Recollections of the German Treaty Negotiations of 1990

    • Hans Tietmeyer
    Pages 68-109

  9. German Unification: A Personal View

    • Norbert Kloten
    Pages 110-119

  10. Ethics and Morals in Central Banking: Do They Exist, Do They Matter?

    • Otmar Issing
    Pages 120-138

  11. The Evolution of the Deutsche Mark as an International Currency

    • Carola Gebhard
    Pages 139-173

  12. Profiles of Bundesbank Presidents

    • Stephen F. Frowen, Robert Pringle
    Pages 174-180

  13. Back Matter

    Pages 181-188
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Keywords

About this book

The Bundesbank is one of the world's most powerful and successful central banks, outstanding for its independence in the conduct of monetary policy and for its success in the achievement of relative price stability virtually throughout the post-war era. This collection of essays by the President of the Bundesbank, by former and present Board members and by Heads of Department within the Bundesbank offer a rare inside insight into its operations. The individual contributions to this volume explain the historical, legal and institutional basis of German internal and external monetary policy and highlight the goals of the German central bank and its role in the economy as a whole. The role of the Deutschmark as one of the leading international transaction, reserve and investment currencies is discussed in detail. Students of monetary management and the banking community throughout the world will benefit greatly from a study of this unique volume.

Editors and Affiliations

  • Department of Economics, University College London, UK

    Stephen F. Frowen

  • Monetary Economics, Free University of Berlin, Germany

    Stephen F. Frowen

  • Central Banking, Germany

    Robert Pringle

About the editors

JURGEN BECKER Head, Deutsche Bundesbank's Department of Banking and Minimum Reserves CAROLA GEBHARD Assistant Managing Editor, Central Banking Publications LEONHARD GLESKE Deputy Chairman of the Supervisory Board of the Bank of Tokyo (Deutschland) AG, Frankfurt OTMAR ISSING Member of the Board of the Deutsche Bundesbank NORBERT KLOTEN Chairman of the Economic Advisory Council, Federal Ministry of Economics REINER KONIG Head, Department of Economics, Deutsche Bundesbank PETER SCHMID Head of the Money, Credit and Capital Market Division, Deutsche Bundesbank HANS TIETMEYER President of the Deutsche Bundesbank BERTOLD WAHLIG Head of the Law Department at the Deutsche Bundesbank CAROLINE WILLEKE Economist, Monetary Analysis Section, Money, Credit and Capital Markets Division, Deutsche Bundesbank

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