The global financial crisis started a transformation of central banking by showing that the nexus between price stability and financial stability is more complex than was previously understood. In this book, Francesco Papadia and Tuomas VÃlimÃki, not only offer a superb survey of the central banking experience through the crisis, but also identify the most important future challenges to monetary policy. An essential and provocative read to a broad range of audience from policy-makers to market analysts, from scholars to students of economics, to all those who want to deepen their understanding of central banks in the great financial crisis and their challenges thereafter. Erkki Liikanen, Governor, Bank of Finland Skryť popis