CentralBanking.com review of 2011

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The past year marked another turbulent period for central banks around the globe.

The lack of fiscal discipline in many advanced economies, which most notably sparked the ongoing sovereign debt crisis in Europe, forced a number of major central banks to take extraordinary actions to bolster markets during 2011.

Meanwhile, strong growth in emerging markets and the rising prominence of the renminbi highlighted the role of China and other ‘Brics' as important participants in the global economy.

The

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