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16 Financial Sector Reform and Central Banking in Centrally Planned Economies

16 Financial Sector Reform and Central Banking in Centrally Planned Economies »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

In centrally planned economies, economic reforms refer to measures aimed at decentralizing decision making on prices and quantities, and giving market forces a more...

4 Foreign Exchange Management and Monetary Policy

4 Foreign Exchange Management and Monetary Policy »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

The paper is in four sections. The first defines what is meant by exchange rate policy. As will be seen, three types of policy directly affect exchange rates: (1) the choice of fixe...

1 Government Financing, Domestic Debt Management, and Monetary Policy: Some Lessons from the Italian Experience

1 Government Financing, Domestic Debt Management, and Monetary Policy: Some Lessons from the Italian Experience »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

The relationships and potential conflicts between monetary and fiscal policies have been widely debated in the economic literature. A number of important contributio...

6 Implications and Remedies of Central Bank Losses

6 Implications and Remedies of Central Bank Losses »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

A central bank should normally make a profit because it is essentially a monopolistic enterprise supplying an essential commodity—that is, currency—the demand for which is inelastic...

22 Jamaica’s Transition from Direct to Indirect Instruments of Monetary Policy

22 Jamaica’s Transition from Direct to Indirect Instruments of Monetary Policy »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

The transition from direct to indirect instruments of monetary policy in Jamaica commenced in 1985 and was a major policy initiative by the Government. It formed an...

23 Kenya’s Transition from Direct to Indirect Instruments of Monetary Policy

23 Kenya’s Transition from Direct to Indirect Instruments of Monetary Policy »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

Kenya has been engaged in far-reaching financial sector reforms aimed at improving monetary control and at improving the efficiency of financial intermediation. Excl...

7 Managing a Central Bank: Goals, Strategies, and Techniques

7 Managing a Central Bank: Goals, Strategies, and Techniques »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

I have been asked to present a practical account of the experience of managing the Central Bank of Ireland. Why the Central Bank of Ireland? Because it is seen as a successful centr...

Part I Role and Functions of Central Banks

Part I Role and Functions of Central Banks »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

...

Part II Central Bank Independence

Part II Central Bank Independence »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

...

Part III Role of the Central Bank in Financial Crises

Part III Role of the Central Bank in Financial Crises »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

...