Central Banking in Developing Countries

Objectives, Activities and Independence

By: Álvaro Almeida, Maxwell J. Fry, Charles Goodhart

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Paperback | 30 May 1996 | Edition Number 1

At a Glance

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204 Pages

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21.6 x 13.8 x 1.19

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Maxwell J. Fry, Charles A. E. Goodhart and Alvaro Almeida examine the current state of central banking in 44 developing countries. They analyze the banks' achievement in their primary objective of price stability and discuss the reasons behind the general lack of success.
This comprehensive volume covers government financing, foreign exchange systems and domestic banking systems and is rich in data, containing original financial information from Africa, Asia, the Middle East, Europe, Latin America and the Caribbean. "Central Banking in" "Developing Countries" is published in association with the Bank of England and presents the definitive accounts of the role of central banks in developing countries. Eddie George, the Governor of the Bank of England, has written the Introduction.

Industry Reviews

..."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." -William D. Graf "Canadian Journal of Development Studies

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