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The Capital Needs Of Central Banks,sue Milton by Sue Milton and Peter Sinclair is a nonfiction available to read on EtoBox.

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Annotation 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-maximisation, without hindrance to the achievement and maintenance of policy goals? This collection takes the reader through historical, theoretical and factual discussions on why central banks exist and the role actual and intended they have in assisting their home nation in achieving monetary and financial stability. The contributions analyse the different ways central banks are funded and how funding arrangements may impact on their independence. The objective is to explore these themes first from the academic and practitioners views those of the economist, accountant and lawyers and then to introduce practical experiences from a range of different central banks, in terms of their economic and socio-political environments. It will be the first time that the theorist and p

Who reads The Capital Needs Of Central Banks,sue Milton?

Author

Sue Milton and Peter Sinclair

Publisher

Routledge [Imprint] Taylor & Francis Group Taylor & Francis Group [Distributor

Published

2010

Language

EN

ISBN

9786612929984

Category

nonfiction

Subjects

Management, Business, Economics