The Bank of International Settlements

Challenges facing central bankers are expertly examined and analyzed. The book explores monetary policy and financial crisis as well as insolvency, collective action clauses, international mediation, and management of central banks.

This book illustrates how central bank policies such as zero percent interest rates have brought about a $300 trillion global debt bubble. The authors, both academics and policy-makers, offer first-hand insights into the economic and financial market mechanisms that have caused the debt bubbles of the past few decades, as well as the political economy that drives such policy-making.

Tower of Basel is the first investigative history of the world’s most secretive global financial institution. Based on extensive archival research in Switzerland, Britain, and the …