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Central Bank Legal Frameworks in the Aftermath of the Global Financial Crisis / Ashraf Khan.
- Format:
- Book
- Government document
- Author/Creator:
- Khan, Ashraf.
- Series:
- IMF Working Papers; Working Paper ; No. 2017/101
- IMF Working Papers
- Language:
- English
- Subjects (All):
- Banks and banking, Central.
- Physical Description:
- 1 online resource (42 pages) : illustraions, tables.
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2017.
- Summary:
- Drawing on the 2016 update of the IMF’s Central Bank Legislation Database, this paper examines differences in central bank legal frameworks before and after the Global Financial Crisis. Examples from select countries show that many central bank laws have undergone changes in objectives, decision-making, accountability, and data collection. A wider cross-country survey illustrates the common occurrence of price stability in central bank objectives, and varying practices in defining financial stability, “independence” versus “autonomy,” and who within a central bank determines monetary policy. The highlighted facts illustrate the uses of the database and could be a starting point for further analyses.
- Notes:
- Description based on online resource; title from PDF cover (ebrary, viewed June 6, 2017).
- ISBN:
- 9781475597264
- 1475597266
- 9781475597288
- 1475597282
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