Abstract (EN):
This book examines the current state of central banking in 44 developing countries. The authors analyse the banks' achievement in their primary objective of price stability and discuss the reasons behind the general lack of success. The book covers government financing, foreign exchange systems and the domestic banking system. The authors conclude that central banks in developing countries face radically different environments from those faced by the richer OECD countries. Based on macroeconomic data from IMF and World Bank sources, as well as detailed questionnaire responses, the authors analyse central banking in Africa, Asia, the Middle East, Europe, Latin America and the Carribbean. -Authors
Idioma:
Inglês
Tipo (Avaliação Docente):
Científica