Overview
This is a comprehensive state-of-the-art survey which analyzes institutions, policies and issues of central banking in developing countries including interest-free Islamic and transition economies. It discusses objectives and functions; monetary, exchange, supervisory and developmental roles; financial liberalization; informal finance; causes and implications of central bank losses. It critically evaluates currency boards, central bank independence, ceilings on government credit and suggests radical organizational reforms, divestiture of quasi-fiscal activities and partial privatization of central banks.
- | Author: A. Chandavarkar
- | Publisher: Palgrave MacMillan
- | Publication Date: Nov 01, 1996
- | Number of Pages: 289 pages
- | Binding: Hardback or Cased Book
- | ISBN-10: 0333629159
- | ISBN-13: 9780333629154
