Central Banking In Developing Countries

This book is a comprehensive examination of central banking in 44 developing countries. The authors analyze the banks' achievement in their primary objective of price stability and discuss the reasons behind the general lack of success. The book covers a variety of topics, including government financing, foreign exchange systems, domestic banking systems, and rich data from Africa, Asia, the Middle East, Europe, Latin America and the Caribbean. The book is well-organized and easy to read, 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.

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. Review: ...stimulating, original, readable and up against the cutting edges of state-of-the-art development theory - the volume is a pleasure as well as a challege to read.