This updated edition explores the viewpoint of emerging economies and virtually no important aspect of central banking is left out of this complete reference. Noting that the global economic and financial crisis that emerged in 2007 and 2008 remains unresolved on a sustainable basis, this work looks at how questions about the relevance of central banks, and in particular about the effectiveness of monetary policies in addressing the challenges, have remained unanswered. Other issues detailed in the volume include adopting ...
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This updated edition explores the viewpoint of emerging economies and virtually no important aspect of central banking is left out of this complete reference. Noting that the global economic and financial crisis that emerged in 2007 and 2008 remains unresolved on a sustainable basis, this work looks at how questions about the relevance of central banks, and in particular about the effectiveness of monetary policies in addressing the challenges, have remained unanswered. Other issues detailed in the volume include adopting more transparent accountancy and reporting standards for governments and financial entities, assessing the soundness of the financial sector as a whole and as individual institutions and analyzing the enormous responsibilities involved in adopting real-time payment and settlement systems."
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Add this copy of Central Banking for Emerging Market Economies to cart. $26.08, new condition, Sold by Media Smart rated 4.0 out of 5 stars, ships from Hawthorne, CA, UNITED STATES, published 2014 by Academic Foundation Acedemic Found.
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This version of the book Central Banking for Emerging Market Economies which first appeared in 2003 (Academic Foundation, New Delhi) is an update as also contextual. The global economic and financial crisis that emerged in 2007-08 and remains unresolved on a sustainable basis as of the third quarter of 2013, has led to questions about the relevance of central banks and in particular about the effectiveness of monetary policies in addressing the challenges. The integration of real and financial economies of the world has given a veneer of respectability to these questions. The crisis first engulfed the US and other advanced economies and subsequently impacted most emerging and develop-ing economies in different degrees. This contextual update shows that central banks continue to be relevant and essential for sound functioning of economies. Central banks require to pursue traditional functions relating to currency and payment systems and to being banker to the government and to banks as vigorously as before the crisis. They also need to adopt an oriented approach towards the pursuit of monetary policy for growth, inflation control and financial stability. The orientation has to do with monetary governance in a broad sense, a point that is best echoed in the author's companion book: Monetary Governance in Search of New Space (2012, Academic Foundation). Central banking in its essence continues to be the art of the possible.
Add this copy of Central Banking for Emerging Market Economies: a Relook to cart. $52.69, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2014 by Academic Foundation.