Central Banking in Developing Countries: Objectives, Activities and Independence

1st Edition

Álvaro Almeida, Maxwell J. Fry, Charles Goodhart

Routledge
Published May 30, 1996
Reference - 204 Pages
ISBN 9780415145343 - CAT# RU15136

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Summary

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 contains original financial information from Africa, Asia, the Middle East, Europe, Latin America and the Caribbean. The lay-out is user-friendly and generously illustrated with tables, figures, boxed material and useful appendices. The book is published in association with the Bank of England and presents the definitive account of the role of central banks in developing countries.

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