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Background Papers »
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
...

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...

11 Central Bank Independence in Austria »
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 would like to discuss the evolution of central bank independence in Austria and how it functions today. I shall first give a short history as background and then describe the pres...

9 Central Bank Independence in New Zealand »
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
Since the commencement of New Zealand’s new central banking legislation, on February 1, 1990, the Government that created it has been voted out of office, but not because of the leg...

10 Central Bank Operations and Independence in a Monetary Union: BCEAO and BEAC »
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 Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO) and the Banque des Etats de l’Afrique Centrale (BEAC) are the central banks of two regional groupings of countries in W...

3 Clearing and Payment Systems: The Central Bank’s Role »
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
Two themes of the central banking seminar are directly relevant to consideration of payment system issues. One is the interdependencies of different functions normally performed by...

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...

The Evolving Role of Central Banks »
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
DOI: http://dx.doi.org/10.5089/9781557751850.071
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...

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...

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...