Central Bank Legal Frameworks in the Aftermath of the Global Financial Crisis /

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Bibliographic Details
Author / Creator:	Khan, Ashraf, author.
Imprint:	[Washington, D.C.] : International Monetary Fund, [2017]
Description:	1 online resource (42 pages)
Language:	English
Series:	IMF Working Papers, 1018-5941 ; WP/17/101 IMF working paper ; WP/17/101.
Subject:	Banks and banking, Central. Banks of issue. Banks and banking, Central.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11705276

Hidden Bibliographic Details
ISBN:	9781475597288 1475597282 1475597282 1475595808 9781475595802
Notes:	Print version record.
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.
Other form:	Print version: Khan, Ashraf. Central Bank Legal Frameworks in the Aftermath of the Global Financial Crisis. Washington, D.C. : International Monetary Fund, ©2017 9781475595802
Standard no.:	10.5089/9781475595802.001

Table of Contents:

Cover; Contents; Glossary; I. Introduction; II. Central Bank Legislation Database; III. Selected Central Bank Examples; A. Canada; B. Chile; C. France; D. Georgia; E. Israel; F. Korea; G. Liberia; H. Macedonia; I. Malaysia; J. Mauritius; K. Mexico; L. Pakistan; M. Russia; N. Singapore; O. Turkey; IV. Examples of Cross-country Differences; A. Independence and Autonomy; B. Defining Financial Stability; C. Price Stability as a Central Bank Objective; D. Locus of Monetary Policy Determination; V. Conclusion; References; Tables; 1. International Monetary Fund's Central Bank Legislation Database.
2. Overview of Legal Terminology Relating to Independence/Autonomy in Central Bank Laws and Constitutions3. Financial Stability Terminology in Central Bank Laws; Figures; 1. Objectives That Include 'Price Stability' (by region) After 2014 Update; 2. Objectives that Include 'Price Stability' (by region) Before 2014 Update; 3. Objectives that Include 'Price Stability' (by income level) After 2014 Update; 4. Objectives that Include 'Price Stability' (by income level) Before 2014 Update; 5. 'Price Stability' as a Central Bank Objective Before 2014 Update.
6. 'Price Stability' as a Central Bank Objective After 2014 Update7. Monetary Policy Determination; Annexes; I. List of IMF Member Countries and Monetary Unions (not) Included in the CBLD; II. Overview of Central Bank Legislation Database (Sub C Categories).

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