The capital needs of central banks

Contributor(s):

Series: Routledge international studies in money and bankingPublication details: 2011 Routledge LondonDescription: xx, 204 pISBN:

9780415553285

Subject(s):

DDC classification:

332.11 C2

Summary: Central banks have evolved over many years, and sometimes centuries, as policy-making, not profit-making, institutions, and yet they are structured legally and financially like ‘for-profit’ companies of the twenty-first century. The question is what is an appropriate level of equity, or capital, for a central bank to have so that it can function for policy effectiveness over profit-maximization, without hindrance to the achievement and maintenance of policy goals?

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	Non-fiction	332.11 C2 (Browse shelf(Opens below))	Available		178297

Total holds: 0

Includes bibliographical references and index.

Central banks have evolved over many years, and sometimes centuries, as policy-making, not profit-making, institutions, and yet they are structured legally and financially like ‘for-profit’ companies of the twenty-first century. The question is what is an appropriate level of equity, or capital, for a central bank to have so that it can function for policy effectiveness over profit-maximization, without hindrance to the achievement and maintenance of policy goals?

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