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

Back Matter »
Back Matter
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
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 a...