Overview
- Presents how monetary economics has changed due to financial crises and the introduction of AI
- Highlights technological innovations such as derivatives and cryptocurrencies in financial management
- Discusses the role of monetary policy in financial crises
Part of the book series: Contributions to Economics (CE)
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About this book
In light of the pickup of inflation at the end of 2021 and monetary policy shifts by the world's major central banks, this book examines interrelated issues in the normalization of monetary policy. It covers topics including the role of technological innovations such as derivatives and cryptocurrencies in monetary and financial management, the role of monetary policy in financial crises (especially public debt), and the major repricing needed for central banks and the global economy. In addition, the book discusses the problem of how flexible money should be and the importance of predictive tools for these decisions, with attention to the advances of languages for scientific research, including those on the workings of the economy. The work addresses the geopolitical and social challenges that have arisen as a result of the invasiveness of monetary policy in its various manifestations in the context of major leading currencies. It is aimed at scholars and students of monetary and financial economics.
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Table of contents (10 chapters)
Editors and Affiliations
About the editors
Paolo Savona is the founder of the first chair of Geopolitical economics. He was trained at the Research Department of the Bank of Italy, is a professor emeritus of Economic Policy and an author of numerous writings on real, monetary, and financial economics. He is currently the chairman of Consob (the authority responsible for regulating Italian financial markets). He has twice served as a minister in the Italian government.
Rainer S. Masera is the Dean of the Faculty of Economics and a professor of Economic Policy at the Guglielmo Marconi University of Rome, Italy. He serves as the minister of the budget and economic planning in the Italian government. He has published numerous monographic works and essays on the subject of financial innovation, risk control, and economic policy, in Italian and foreign magazines.
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Bibliographic Information
Book Title: Monetary Policy Normalization
Book Subtitle: One Hundred Years After Keynes' Tract on Monetary Reform
Editors: Paolo Savona, Rainer Stefano Masera
Series Title: Contributions to Economics
DOI: https://doi.org/10.1007/978-3-031-38708-1
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023
Hardcover ISBN: 978-3-031-38707-4Published: 19 August 2023
Softcover ISBN: 978-3-031-38710-4Published: 20 August 2024
eBook ISBN: 978-3-031-38708-1Published: 18 August 2023
Series ISSN: 1431-1933
Series E-ISSN: 2197-7178
Edition Number: 1
Number of Pages: VII, 209
Number of Illustrations: 3 b/w illustrations, 10 illustrations in colour
Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Policy, Economic Theory/Quantitative Economics/Mathematical Methods, Political Economy/Economic Systems, Political Economy/Economic Systems