Central banks and monetary policies : a comparative study within the G-20 / / by Felix I. Lessambo

• Autore: Lessambo Felix I.
• Pubblicazione: Bradford : , : Ethics International Press Limited, , 2024; ©2024
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (296 pages)
• Soggetto topico: Banks and banking, Central
• Nota di contenuto: Intro -- List of figures -- List of acronyms -- Acknowledgements -- Chapter 1 Central Banks: History and Evolution -- 1.1 General -- 1.2 Central Banks and monetary system -- 1.2.1 Central Banks monopoly over issue -- 1.2.2 Central Bank and Financial Stability Mandate -- 1.3 Central Banks and digitalization -- 1.3.1 Digitalization -- 1.3.2 Decentralized finance (DeFi) -- Chapter 2 Central Banks and Monetary Policy -- 2.1 General -- 2.2 Central Banks functions -- 2.2.1 Central Banks Independence -- 2.2.2 Measuring Central Bank Independence -- 2.2.3 Central Bank Governance- Transparency -- 2.3 Monetary Policy -- 2.3.1 Conventional monetary policy -- 2.3.2 Unconventional monetary policies -- Chapter 3 Inflation Targeting -- 3.1 General -- 3.2 Characteristics of Monetary regime -- 3.2 Inflation targeting: Advantages and disadvantages -- 3.2.1 Advantages -- 3.2.2 Disadvantages -- 3.3 Inflation and its Measurement -- 3.4 Inflation Targeting strategies -- 3.5 Monetary Considerations -- Chapter 4 The US Federal Reserve Bank -- 4.1 General -- 4.2 Mission and objectives -- 4.3 Organizational structure -- 4.3.1 The Federal Reserve System -- 4.3.2 The Federal Reserve Board of Governors -- 4.3.4 The 12 Federal Reserve Banks -- 4.3.5 The Federal Open Market Committee -- 4.4 Monetary policy -- 4.5 Federal Reserve Bank: Financial statements -- 4.5.1 The Balance sheet -- 4.5.2 Financial Results of Operations -- Chapter 5 Bank of Canada -- General -- 5.2 Functions -- 5.3 Bank of Canada Governance -- 5.4 Bank of Canada Monetary Policy -- 5.4.1 Monetary policies -- 5.4.2 Monetary policy tools -- 5.5 Bank of Canada: Financial statements -- Chapter 6 The European Union Central Bank -- 6.1 General -- 6.2 Mission and Objectives -- 6.3 Organizational structure -- 6.4 ECB Monetary Policy -- Chapter 7 Switzerland Central Bank -- 7.1 General -- 7.2 SNB Core functions. ; 7.3 SNB Organizational structure -- 7.4 SNB Monetary policy -- 7.4.1 Monetary policy -- 7.4.2 Monetary policy tools -- 7.5 SNB Financial Statements -- Chapter 8 Bank of England -- 8.1 General -- 8.2 Mission and objectives -- 8.3 Organizational structure -- 8.4 Monetary policy -- 8.4.1 The Monetary Policy Committee -- 8.4.2 Monetary policy tools -- Chapter 9 The People's Bank of China -- 9.1 General -- 9.2 Missions and objectives -- 9.2 Organizational structure -- 9.4 Monetary policy -- 9.4.1 Monetary Policy goals -- 9.4.2 Monetary policy tools -- 9.5 PBOC financial statements -- Chapter 10 Bank of Japan -- 10.1 General -- 10.2 Missions and Objectives -- 10.3 Organizational structure -- 10.4 Monetary policy -- 10.4.1 Policy goals -- 10.4.2 Policy tools -- 10.5 BoJ: Financial statements -- Chapter 11 Reserve Bank of India -- 11.1 General -- 11.2 Mission and objectives -- 11.3 Organizational structure -- 11.4 Monetary policy -- 11.4.1 Instruments of Monetary policy -- 11.4.2 MP Process -- 11.5 RBI- financial statements -- Chapter 12 Bank Indonesia -- 12.1 General -- 12.2 Missions -- 12.3 BI Governance and Organizational structure -- 12.4 Monetary policy -- 12.4.1 Monetary policy goal -- 12.4.2 Monetary policy tools -- Chapter 13 The Central Bank of the Republic of Turkey -- 13.1 General -- 13.2 Missions and objectives -- 13.3 Governance and organizational structure -- 13.4 Monetary policy -- 13.4.1 Monetary policy goal -- 13.4.2 Monetary policy tools -- 13.5 CBRT Financial statements -- Chapter 14 Saudi Arabia Central Bank -- 14.1 General -- 14.2 Mission and Objectives -- 14.3 SAMA Governance Organizational structure -- 14.4 Monetary policy -- 14.4.1 Monetary policy goal -- 14.4.2 Monetary policy tools -- 14.5 SAMA financial statements -- Chapter 15 Central Bank of Russia -- 15.1 General -- 15.2 Missions and Objectives -- 15.3 Organizational structure. ; 15.4 Monetary policy -- 15.4.1 Monetary policy goals -- 15.4.2 Monetary policy tools -- 15.5 CBR financial statements -- Chapter 16 Reserve Bank of Australia -- 16.1 General -- 16.2 Missions and objectives -- 16.3 Organizational structure -- 16.4 Monetary policy -- 16.4.1 Monetary policy goals -- 16.4.2 Monetary policy tools -- Chapter 17 Banco Central do Brazil -- 17.1 General -- 17.2 Missions and objectives -- 17.3 Organizational structure -- 17.4 Monetary Policy -- 17.4.1 Monetary policy goals -- 17.4.2 Monetary policy tools -- 17.5 BCB financial statements -- Chapter 18 Banco do Mexico -- 18.1 General -- 18.2 Missions and objectives -- 18.3 Organizational structure -- 18.4 Monetary policy -- 18.4.1 Monetary policy goal -- 18.4.2 Monetary policy instruments -- 18.5 Banco do Mexico- Financial statements -- Chapter 19 Central Bank of Argentina -- 19.1 General -- 19.2 BCRA Missions and objectives -- 19.3 BCRA Governance and organizational structure -- 19.4 BCRA Monetary policy -- 19.4.1 Monetary policy goals -- 19.4.2 Monetary policy instruments -- 19.5 BCRA Financial statements -- Chapter 20 South African Reserve Bank -- 20.1 General -- 20.2 Core missions and objectives -- 20.3 SARB Organizational structure -- 20.4 Monetary policy -- 20.4.1 Monetary policy goals -- 20.4.2 Monetary policy tools -- Chapter 21 Cross-Border Monetary Policy Coordination -- 21.1 General -- 21.2 History of Central Banks coordination -- 21.3 Expanding the Global financial safety net -- 21.4 The IMF Exchange rate surveillance -- 21.5 IMF Multilateral surveillance -- 21.6 The BIS New Role -- 21.7 The G-20 Approach -- Bibliography -- Glossary of terms.
• Sommario/riassunto: This book provides a uniquely comprehensive and detailed analysis of central banks within the G-20. It discusses their policies and functions in detail. Central banks use monetary policy to manage economic fluctuations and achieve price stability. Monetary policy is the control of the quantity of money available in an economy and the channels by which new money is supplied. Monetary policy is implemented either (i) through interest rate policy, whereby the central bank influences financial conditions by setting, or closely controlling, a short-term rate and by steering expectations about the interest rate forward, or (ii) through balance sheet policy, whereby the central bank influences financial conditions beyond the short-term rate by adjusting its balance sheet. Inflation targeting has emerged as the leading framework for monetary policy. Since the 1990s, the role of the interest rate has increased, and many countries are using inflation targeting to achieve the aims of their monetary policy. Central banks around the globe, and within the G-20, have introduced explicit inflation targets. Though a central bank cannot directly control inflation, or the factors that determine inflation, it does have the tools needed to directly affect a group of nominal variables, that in turn have an impact on the determinants of inflation. Moreover, most major central banks have adopted unconventional monetary policies to stabilize financial conditions, boost economic activity, and maintain price stability. Last but not least, financial and monetary policies have become increasingly international, involving trade-offs between domestic and foreign interests. The response to cross-border financial crises requires the close cooperation of multiple jurisdictions. The book is a key reference text for researchers, teachers and students in banking, economic policy,; and government worldwide.
• Titolo autorizzato: Central banks and monetary policies
• ISBN: 9781804416631; 9781804416624
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9911009163203321
• Lo trovi qui: Univ. Federico II