PREFACE 1. ‘Determinazione del livello dei prezzi e politica monetaria in un’economia senza moneta’, Giornale degli Economisti e Annali di Economia, September–October 1986; ‘L’evoluzione del sistema dei pagamenti: una sintesi teorica’, Moneta e Credito, June 1988. 2. ‘Confidence costs and the institutional genesis of central banks’, Banca d’Italia, Temi di discussione No. 226, 1994; ‘Money, trust, and central banking’, Journal of Economics and Business, 1995. 3. The studies with the most direct bearing on the book are: ‘On the economics of interbank payments systems’, Economic Notes, May–August 1994 (with Paolo Angelini); ‘Which target for monetary policy in Stage Three? Issues in the shaping of the European Payment System’, Weltwirtschaftliches Archiv, October–December 1997 (with Carlo Monticelli); ‘Dalla finanza alla moneta: il ruolo del sistema dei pagamenti’, in Giacomo Vaciago (ed.), Moneta e Finanza, Bologna, Il Mulino, 1998 (with Giovanni B. Pittaluga and Fabio Fornari); ‘Enemy of none but a common friend to all’, Princeton Essays in International Finance, 214, June 1999; ‘Pitfalls in international crisis lending’, in Charles Goodhart and Gerhard Illing (eds), Financial Crises, Contagion, and the Lender of Last Resort: A Reader, Oxford, Oxford University Press, 2002; ‘Credibility without rules? Monetary frameworks in the post-Bretton Woods era’, IMF Occasional Paper No. 154, December 1997; and ‘Bedfellows, hostages or perfect strangers? Global capital markets and the catalytic effect of IMF crisis lending’, IMF Working Paper, WP/02/193, November 2002 (the last two with Carlo Cottarelli). INTRODUCTION 1. 2. 3. This inscription was found on an ancient coin from...
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