Book reviews/Governance
Book notes: Forks in the road, by C Rangarajan
A memoir by one of India’s most distinguished governors, who presided over the balance-of-payments crisis
Book notes: Imagining the Fed, by Nicolas Thompson
Worthwhile take on institution’s evolution – shame that examination isn’t longer and broader
Book notes: How boards work, by Dambisa Moyo
Moyo offers insights into the skills required to be a valued board director
Book notes: Quest for restoring financial stability in India, by Viral Acharya
A definitive contribution to the political economy of central banking in emerging economies, but author does not acknowledge the challenges moving forward
Book notes: Central banking before 1800, by Ulrich Bindseil
A new standard reference point for the history of central banking
Book notes: The Japanese central banking system compared with its European and American counterparts, by Yoshiharu Oritani
Book has “no equal” in reviewing new microeconomic theory for central banking
Book notes: Currency, credit and crisis, by Patrick Honohan
Honohan brings an analytical eye to the measures taken to avert a deep crisis in Ireland
Book notes: The third pillar, by Raghuram Rajan
Rajan sets out ambitious – but deliberately non-radical – manifesto for reform at local level
Book notes: Keeping at it, by Paul Volcker with Christine Harper
Volcker delivers fascinating history-laden memoir, writes Jean-Claude Trichet
Book notes: Till Time’s Last Sand, by David Kynaston
Kynaston allows readers to develop their own understanding of the BoE’s place within an evolving UK
Book notes: Unelected power, by Paul Tucker
Tucker’s well-argued text sets out set of principles for those in unelected positions of power to ensure they continue to act for benefit of general public
Book notes: I do what I do, by Raghuram Rajan
This collection of speeches and commentary sheds light on how the ‘rockstar’ central banker operated, but it reveals little in the more controversial areas of Rajan’s governorship
Book notes: A diary of the euro crisis in Cyprus
Panicos Demetriades’s book tells the inside story of the Cypriot crisis
Book notes: Advice & Dissent: My Life in Public Service, by YV Reddy
Engaging look into private life and career of former governor of Reserve Bank of India
Book notes: The Myth of Independence, by Sarah Binder and Mark Spindel
Politicians would do well to heed the authors’ lessons, but their economic analysis could be stronger, writes Niels Bünemann
Book notes: The Spider Network, by David Enrich
A thrilling exploration of one of the largest financial scandals in history
Book notes: Fed Up, by Danielle diMartino Booth
A “fascinating but annoying” account by US Fed insider who openly criticises culture of US central bank
Book notes: Architects of the Euro, edited by Kenneth Dyson and Ivo Maes
Biographical study of 10 key players in development of EMU provides contrast to more historical analyses
Book notes: The Man Who Knew: The Life & Times of Alan Greenspan, by Sebastian Mallaby
An extensive account of Greenspan's life and achievements, but would have benefited from a closer analysis of his relationships with comrades at the Fed