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Central Banking in Developing Countries

Central Banking in Developing Countries PDF Author: A. Chandavarkar
Publisher: Springer
ISBN: 0230371507
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
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.