Effectiveness of Central Banks and Their Role in the Global Financial Crisis

Author: Shamshad Akhtar
Publisher: Asian Development Bank
ISBN: 9292547577
Format: PDF, ePub
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This study examines the role and performance of central banks in low-income countries that have faced a range of domestic and external fragilities, aggravated by the global financial crisis that started in the United States and other advanced economies. It focuses on a select group of developing member countries of the Asian Development Bank in the Caucasus, Central Asia, and South Asia that have been and will continue to be vulnerable to adverse external developments.

The Changing Fortunes of Central Banking

Author: Philipp Hartmann
Publisher: Cambridge University Press
ISBN: 110854021X
Format: PDF, Kindle
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Understanding the changing role of central banks and their recent novel policies is essential for analysing many economic and financial issues, ranging from financial regulation and crisis, to exchange rate dynamics and regime changes, and QE and prolonged low interest rates. This book features contributions by the world's leading experts on central banking, providing in accessible essays a fascinating review of today's key issues for central banks. Luminaries including Stephen Cecchetti, Takatoshi Ito, Anil Kashyap, Mervyn King, Donald Kohn, Otmar Issing and Hyun Shin are joined by Charles Goodhart of the London School of Economics and Political Science, whose many achievements in the field of central banking are honoured as the inspiration for this book. The Changing Fortunes of Central Banking discusses the developing role of central banks in seeking monetary and financial stabilisation, while also giving suggestions for model strategies. This comprehensive review will appeal to central bankers, financial supervisors and academics.

United Kingdom Selected Issues

Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1498380808
Format: PDF, Docs
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In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

Issues and Actors in the Global Political Economy

Author: André Broome
Publisher: Macmillan International Higher Education
ISBN: 1137390476
Format: PDF
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A major new text on contemporary global political economy that focuses centrally on key issues and actors. Concise and accessibly written, it provides an ideal introduction to the contemporary dynamics and processes of change in the global political economy.

Colombia Selected Issues

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN:
Format: PDF, ePub
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In recent years, Colombia has found several innovative ways to improve the efficiency of its public enterprise sector. One option used by Colombia to reform public enterprises has been to enhance their commercial orientation and limit the fiscal risk. If a public enterprise is considered commercially run, it could be removed from the country's fiscal indicators and targets. This paper presents the IMF staff's evaluation of these two enterprises. It also discusses the commercial orientation and fiscal risk of Isagen and Ecopetrol, respectively.

The Evolution of Central Banking and Monetary Policy in the Asia Pacific

Author: Akhand Akhtar Hossain
Publisher: Edward Elgar Publishing
ISBN: 0857937812
Format: PDF, Docs
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This book of case studies is a significant contribution to monetary macroeconomics in which country-specific experience and issues in inflation and monetary policy are reviewed and analysed in an historical context. In doing so, the key ideas and views

Central Banks at a Crossroads

Author: Michael D. Bordo
Publisher: Cambridge University Press
ISBN: 131665432X
Format: PDF
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Throughout their long history, the primary concern of central banks has oscillated between price stability in normal times and financial stability in extraordinary times. In the wake of the recent global financial crisis, central banks have been given additional responsibilities to ensure financial stability, which has sparked intense debate over the nature of their role. Bankers and policy makers face an enormous challenge finding the right balance of power between the central bank and the state. This volume is the result of an international conference held at Norges Bank (the central bank of Norway). International experts and policy makers present research and historical analysis on the evolution of the central bank. They specifically focus on four key aspects: its role as an institution, the part it plays within the international monetary system, how to delineate and limit its functions, and how to apply the lessons of the past two centuries.

Central Banking for Emerging Market Economies

Author: A. Vasudevan
Publisher: Academic Foundation
ISBN: 9788171882816
Format: PDF, Mobi
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This Book Conveys The Message That The Modern Day Central Bankers Faces Far Too Many Challenges And Uncertainties. The Central Banker Has To Judge Issues According To Rules Without Giving Up Discretion And Ensure That Market Expectations Are Properly Formed, And Financial Stability Is Sewered.

Banking Crises

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1455279021
Format: PDF, Docs
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The condition of banking systems in developing countries strongly influences the design and effectiveness of economic adjustment policies. Bank portfolio weakness can limit the flexibility of interest rate policy, the scope of financial reforms, and the conduct of monetary and fiscal policy. This volume, edited by V. Sundararajan and Tomás J.T. Baliño, is a collection of papers by IMF economists. It examines the link between financial problems and macroeconomic policy and highlights the need for prudential regulations and the appropriate institutional framework to deal with problem banks and borrowers.

Post Crisis Growth in Developing Countries

Author: Commission on Growth and Development
Publisher: World Bank Publications
ISBN: 9780821381663
Format: PDF, Kindle
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This special report by the Commission on Growth and Development assesses the 2008 financial crisis' longer term impact on developing countries, explains how developing countries can make themselves more resilient in the face of such blows, and examines what international institutions and forums can do to help.