Central Banking in Developing Countries
Author | : A. Chandavarkar |
Publisher | : Springer |
Total Pages | : 304 |
Release | : 1996-10-31 |
ISBN-10 | : 9780230371507 |
ISBN-13 | : 0230371507 |
Rating | : 4/5 (07 Downloads) |
Download or read book Central Banking in Developing Countries written by A. Chandavarkar and published by Springer. This book was released on 1996-10-31 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.