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Lecture 04-Central Bank (E)

Lecture 04-Central Bank (E)

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Published by damsana3

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Published by: damsana3 on Aug 26, 2008
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05/09/2014

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The Central BankVu Thanh Tu Anh
Lecture 4THE CENTRAL BANK
 
The Central BankVu Thanh Tu Anh
The Prevalence of Central Banks
The number of central banks in the world has beenincreasing rapidly in the 20
th
century
 
The number of central banks in the world
0204060801001201401601801800 1900 1930 1950 1990
 
The Central BankVu Thanh Tu Anh
The Necessity of the Central Bank
Conducting monetary policy
Monetary policy is closely related tomacroeconomic policies and objectives
Macro policies: Fiscal, trade, exchange rate…Macro objectives: Inflation, growth, employment
The necessity of the Central Bank is clearly andfully reflected by exploring its functions

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