Author : Mr.Patrick Downes
Publisher : International Monetary Fund
Page : 476 pages
File Size : 27,87 MB
Release : 1991-06-15
Category : Business & Economics
ISBN : 9781557751850
Central Banks should enjoy a fair degree of autonomy in pursuing price stability to promote long-run growth and prosperity. This volume, edited by Patrick Downes and Reza Vaez-Zadeh, contains the papers presented at the fifth IMF seminar on central banking issues in November 1990. The theme was the interdependence of central bank functions and the role of central bank autonomy.
Author : Haravu Venkatanarasingha Verada Raj Iengar
Publisher :
Page : 20 pages
File Size : 42,71 MB
Release : 1968
Category :
ISBN :
Author : Chitta Ranjan Basu
Publisher : Mittal Publications
Page : 444 pages
File Size : 49,27 MB
Release : 1991
Category : Banks and banking
ISBN :
Author : Chitta Ranjan Basu
Publisher : New Delhi : Tata McGraw-Hill Publishing Company
Page : 406 pages
File Size : 19,39 MB
Release : 1977
Category : Banks and banking
ISBN :
Author : C. Goodhart
Publisher : Springer
Page : 538 pages
File Size : 33,23 MB
Release : 1995-03-06
Category : Business & Economics
ISBN : 023037915X
Although the current day-to-day operations of Central Banks are subject to continuous comment and frequent criticism, their structural role within the economic system as a whole is generally accepted without much question and despite several attempts to challenge the value of the institution made by economists in recent decades. Professor C.A.E. Goodhart is ideally positioned to assess the role of the Central Bank being equally familiar with the theoretical arguments and with the actual working of central banks. Part 1 analyses the general purposes and functions of the Central Bank within the financial system and their evolution over time, Part 2 concentrates on the current objectives and operations of Central Banks, the maintenance of price stability in particular, and Part 3 analyses the broader issues of financial regulation. This book, providing a thorough and clear discussion of the questions connected with the role of the Central Bank in a modern financial system, will prove indispensable for students, academics and practitioners.
Author : Vasudevan Sundararajan
Publisher : International Monetary Fund
Page : 28 pages
File Size : 28,61 MB
Release : 1990-12
Category : Business & Economics
ISBN :
This paper reviews key areas of central banking reform in a sample of centrally planned economies undergoing transition to market-based systems. The discussion draws mainly on the experiences of four countries, Hungary, Poland, Czechoslovakia, and China. Significant efforts have been made, or are under consideration, in all countries to develop a more efficient framework for monetary management, and to provide greater autonomy to central banks in macro stabilization policies. These objectives call for a coordinated approach to strengthening a wide range of central banking functions simultaneously, and require that a core mass of supporting financial sector reforms be implemented to ensure effective transformation and stabilization with minimal transitional costs.
Author : Mario I. Blejer
Publisher : Springer Science & Business Media
Page : 458 pages
File Size : 50,56 MB
Release : 2012-12-06
Category : Business & Economics
ISBN : 1461551935
the adaptation of the institutional settings of monetary policy to deal with an emerging market economy had to be carried out in the midst of an unprecedented stabilization effort and, therefore, was particularly urgent and complicated. In many of the transition countries, the transformation effort implied not just changes in procedures but the establishment of a central bank from scratch, a process that involved an important effort, precisely at a time when the whole system was in serious turmoil. While the process of reforms is not yet completed in all the transition countries, an immense amount of progress has been achieved, and many of the transition countries face today monetary and central banking conditions that are close to those of Western economies. In this volume, we collect a number of important contributions that discuss the most burning aspects of the current debates on central banking and monetary policy and draw implications for the postsocialist transition economies. The various papers included in the volume deal with a broad set of related issues, which are highly relevant not just for transition economies but for other emerging markets and for advanced economies as well. The subjects covered in the book are divided into seven major categories (Sections II to VIII), some of which overlap.
Author : S. Eijffinger
Publisher : Edward Elgar Publishing
Page : 673 pages
File Size : 43,11 MB
Release : 2011-01-01
Category : Business & Economics
ISBN : 1849805768
ÔThis Handbook is a must read for policy makers and practitioners alike as well as excellent reading for advanced academic courses in international banking.Õ Ð Allard Bruinshoofd, SUERF ÔThis collection of papers is essential reading for anyone interested in central banking, regulation and supervision. Sylvester Eijffinger and Donato Masciandaro have brought together contributions from the leading academics, central bankers and regulators, providing the most up-to-date analysis of this critical subject.Õ Ð Paul Mizen, University of Nottingham, UK This stimulating and original Handbook offers an updated and systematic discussion of the relationship between central banks, financial regulation and supervision after the global financial crisis. The crisis has raised new questions about the compatibility of monetary and financial stability, which are changing the face of central banking and its relationships with the architecture of financial regulation and supervision. The Handbook explores on both the economics and political economy of the topic, in order to understand how and why reforms of the role of the central banks can be designed and implemented. The general suggestion is that future effectiveness of the central banking architecture will depend on its ability to ensure the consistency between the monetary actions in normal and extraordinary times. Consequently the possible paths in the central bank strategies and tactics, as well as in the classic concepts of independence, accountability and transparency, are analyzed and discussed. With chapters written by outstanding scholars in economics, this lucid Handbook will appeal to academics, policymakers and practitioners, ranging from central bankers and supervisory authorities to financial operators. Among the academics it would be of particular interest to financial and monetary economists (including postgraduate students), but the institutional slant and the central theme of relations between economics, institutional settings and politics will also be invaluable for political scientists.
Author : Haiqun Yang
Publisher : Springer
Page : 347 pages
File Size : 20,85 MB
Release : 2015-12-29
Category : Business & Economics
ISBN : 1349244708
This book analyses the advantages and disadvantages of the banking system reforms with particular reference to centrally planned economies. The book reviews the socialist banking reforms and analyses their financial problems. Employing a critical exposition of banking theories, it assesses current financial disorders and takes issue with some established theories.
Author : Board of Governors of the Federal Reserve System
Publisher :
Page : 0 pages
File Size : 21,84 MB
Release : 2002
Category : Banks and Banking
ISBN : 9780894991967
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
