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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...

17 The Evolving Role of the Central Bank in China

17 The Evolving Role of the Central Bank in China »

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 role of the central bank in China has undergone major changes since 1979. These changes were part of the reform process that introduced a significant number of m...

18 The National Bank of Poland: A Central Bank in Transition

18 The National Bank of Poland: A Central Bank in Transition »

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 September 1989, a government took office in Poland that was determined to move the economy as quickly as possible to a market base. The economic program launched...

19 Financial Reform, Financial Policy and Bank Regulation

19 Financial Reform, Financial Policy and Bank Regulation »

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

Financial reform will be discussed in this paper in relation to bank regulation, or, better still, banking supervision. First, I shall define the subject. The purpos...

20 Sequencing Financial Reform

20 Sequencing Financial Reform »

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 idea of sequencing is that certain measures are better taken before others in achieving policy goals and minimizing the various risks and uncertainties associate...

21 The Transition from Direct to Indirect Instruments of Monetary Policy

21 The 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 control of monetary policy is a part of the general move toward increased reliance on market forces, economic liberalization,...

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...

24 Effectiveness and Implications of Limits on Central Bank Credit to the Government

24 Effectiveness and Implications of Limits on Central Bank Credit to the Government »

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 main purpose of this paper is to explore the role and consequences of limiting central bank lending to the government. In the first section, the legal provisions that were in fo...

25 Central Bank Independence and Central Bank Functions

25 Central Bank Independence and Central Bank Functions »

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

During the 1970s and 1980s, important changes were made in the way a number of countries operated and presented monetary policy. A major reason for such changes appe...