ABSTRACT

This book examines the current state of central banking in 44 developing countries. The authors analyse the banks' achievement in their primary objective of price stability and discuss the reasons behind the general lack of success. The book covers: * government financing * foreign exchange systems * domestic banking systems. Rich in data, the book

chapter 1|11 pages

INTRODUCTION

chapter 3|16 pages

THE CENTRAL BANK AND THE GOVERNMENT

chapter 4|9 pages

CENTRAL BANKS’ EXTERNAL ACTIVITIES

chapter 5|22 pages

THE CENTRAL BANK AND THE PRIVATE SECTOR

chapter 6|9 pages

REGULATION AND SUPERVISION

chapter 7|18 pages

THE STATUS OF THE CENTRAL BANK

chapter 8|2 pages

CONCLUSION