Central Banking in Developing Countries

Contents: Preface. 1. Central Bank: an overview. 2. Banking sector: role and its capabilities. 3. Monetary policy. 4. Central Bank and economy of Argentina. 5. Central bank and economy of Argentina. 5. Central banking of Philippines. 6. Banking facility of Peru. 7. Brazil : banking and economic sector. 8. Ukraine: an emerging country. 9. Oil economy of Saudi Arabia. 10. Malaysia: industrialized market economy. 11. Banking system in India. 12. Reserve Bank of India (RBI). Index.

This book examines the objectives, activities and independence of central banks in developing countries. Author examines the current state of Central banking in developing countries. They analyze the bans achievement in their primary objective of price stability and discuss the reasons behind the genera lack of success. It is based on original financial information from developing countries of Asia, Europe, Africa, Latin America and the Caribbean. The comprehensive volume covers three general topics: government financing, foreign exchange systems and the domestic banking system. In all three areas, central banks in developing countries face environments that differ radically.