03698oam 2200697I 450 991078531480332120230725025728.01-136-89589-21-136-89590-61-282-92998-497866129299840-203-84103-410.4324/9780203841037 (CKB)2670000000059408(EBL)957303(OCoLC)741356634(SSID)ssj0000434118(PQKBManifestationID)11305877(PQKBTitleCode)TC0000434118(PQKBWorkID)10394191(PQKB)11703494(MiAaPQ)EBC957303(Au-PeEL)EBL957303(CaPaEBR)ebr10433340(CaONFJC)MIL292998(OCoLC)694228243(EXLCZ)99267000000005940820180706d2011 uy 0engur|n|---|||||txtccrThe capital needs of central banks /edited by Sue Milton and Peter SinclairNew York :Routledge,2011.1 online resource (225 p.)Routledge international studies in money and banking ;61Consists of papers produced for a conference at the Centre for Central Banking Studies in London, hosted by the Bank of England and concluded before the events of 2008.0-415-74537-3 0-415-55328-8 Includes bibliographical references and index.Book Cover; Title; Copyright; Contents; Figures; Tables; Contributors; Acknowledgements; Abbreviations; 1 Central banks' capital: An introduction; 2 Central bank finances and independence: How much capital should a central bank have?; 3 Central bank financial strength and macroeconomic policy performance; 4 Financing the central bank: Capital adequacy and financial independence - an accountant's perspective; 5 Securing financial independence in the legal basis of a central bank; 6 Central bank capital adequacy for central banks with or without a monetary policy7 Exchange rate appreciation and negative central bank capital: Is there a problem?8 Central bank losses, electronic money and contestable central banking; 9 Funding models for central banks: The European Central Bank - a special case?; 10 Central bank funding models and their risk-return profile; 11 How ALM techniques can help central banks; IndexCentral 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 existRoutledge international studies in money and banking ;61.Bank capitalCongressesBank managementCongressesBanks and banking, CentralCongressesBank capitalBank managementBanks and banking, Central332.1/1Milton Sue1954-1500129Sinclair P. J. N1174682MiAaPQMiAaPQMiAaPQBOOK9910785314803321The capital needs of central banks3726663UNINA