Academic literature on the topic 'Central Banks and banking'

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Journal articles on the topic "Central Banks and banking"

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H. Omar, Habiba, and Mohd E. Yusoff. "Central bank impact on practicing Mudarabah financing in Islamic banks: the case of Tanzania." Banks and Bank Systems 14, no. 1 (February 25, 2019): 81–93. http://dx.doi.org/10.21511/bbs.14(1).2019.08.

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This paper investigates the challenges faced by Islamic banks in practicing Mudarabah financing under conventional regulatory regime by interviewing eleven Islamic bank managers from three selected banks. Thematic data analysis was employed to understand hindrances for Islamic banks in operating Mudarabah financing under conventional regulatory regime. Findings of the study have provided a number of major challenges that hinder Islamic banks performance in Tanzanian context. The challenges include irregularities of policies and regulations, non-supportive operational and technical structure, and missed perceptions of Mudarabah among the public. However, a new challenge of the impact of the central bank on Islamic banks was identified. It is expected that Tanzanian Islamic banking performance will enhance if the central bank introduces sharia regulations for Islamic banking, initiates the central sharia supervisory board, and harmonize country regulations with financial regulations regarding Islamic perspectives.
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Kiley, Michael T., and Frederic S. Mishkin. "Central Banking Post Crises." Finance and Economics Discussion Series, no. 2024-035 (May 2024): 1–68. http://dx.doi.org/10.17016/feds.2024.035.

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The world economy has experienced the largest financial crisis in generations, a global pandemic, and a resurgence in inflation during the first quarter of the 21st century, yielding important insights for central banking. Price stability has important benefits and is the responsibility of a central bank. Achieving price stability in a complex and uncertain environment involves a credible commitment to a nominal anchor with a strong response to inflation and pre-emptive leaning against an overheating economy. Associated challenges imply that central bank communication and transparency are key elements of monetary policy strategies and tactics. Crises have emphasized the role of central banks in promoting financial stability, as financial stability is key to achieving price and economic stability, but this role increases risks to independence. Goals for central banks other than price and economic stability, complemented by financial stability, can make it more difficult for them to stabilize both inflation and economic activity.
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Tekdogan, Omer Faruk. "GREEN CENTRAL BANKING: A NEW ROLE FOR THE CENTRAL BANKS IN THE FINANCIAL SYSTEM." Journal of Central Banking Law and Institutions 2, no. 2 (May 31, 2023): 301–26. http://dx.doi.org/10.21098/jcli.v2i2.170.

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The financial sector has a key role to play in the transition to a more sustainable and low-carbon economy. Being major actors in the financial system, central banks can exert influence to encourage the adoption of green finance and reduce risks associated with climate change. A novel idea called "green central banking" aims to give central banks' operations, regulations, and goals more sustainability-related thought. This study explores the concept of "green central banking," which is just starting to gain traction, as well as potential central bank responsibilities and tasks in the field of sustainable finance. This study also emphasizes the difficulties and dangers of implementing green central banking, including the possible conflicts between financial stability and environmental goals. Also, the article provides a comparative examination of the methods used by central banks as it looks at the state of green central banking in various parts of the world. Ultimately, this study promotes central banks to take a proactive stance in the transition to a greener and more resilient financial system and believes that green central banking can be a critical tool for accomplishing sustainable development goals.
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ISTRATE, Alexandra Claudia, and Ioana Raluca Sbarcea. "THE FUTURE IN CENTRAL BANKS ACTIVITY – CENTRAL BANK DIGITAL CURRENCY –." Management of Sustainable Development 14, no. 2 (December 1, 2022): 58–63. http://dx.doi.org/10.54989/msd-2022-0018.

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Developments in recent years in the technologies that underpin money transfers and financial investments have challenged banking in general and central banking in particular. On the one hand, with the onset and manifestation of the 2008 crisis, the banking system is being called into question as to whether it can be trusted, and on the other hand, also in the same historical context, blockchain technology is emerging and is seen as a threat by banks. Lately, there has been interest in Central Bank Digital Currencies (CBDCs) which are a digital replacement for banknotes and coins in physical form. In this paper we will highlight the features of CBDCs and the proposed Ethereum-based central bank money technology.
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Espinosa, Víctor I., Miguel A. Alonso-Neira, and Jesús Huerta de Soto. "The central banking system paradox." Economics & Sociology 16, no. 4 (December 2023): 56–72. http://dx.doi.org/10.14254/2071-789x.2023/16-4/3.

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The conventions of monetary theory assume the central banking system (CBS) as the starting point for achieving the stability and efficiency of the financial system. This paper stresses the stability-efficiency thesis based on the Austrian business cycle theory (ABCT). It argues that the stability-efficiency thesis under CBS poses a paradox for two main reasons. First, central banks' interest rate handling causes business cycles, yielding the intertemporal discoordination of the money and goods markets. Second, a central bank's lender-of-last-resort role is an incentive to call for further interest rate handling, making the chance of smooth business cycles difficult or impossible. This paradox is empirically analyzed and discussed through the True Money Supply (TMS) performance in the United States's business cycle phases between 1975 and 2022. Consistent with the ABCT, the research results unlock the paradox by showing that CBS causes business cycles. Some policy implications are outlined for further research and revision of monetary theory.
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Nikolaychuk, Sergiy, and Roman Pidvysotskyy. "Transformation of Central Banking. Annual Research Conference of the NBU. Key Issues." Visnyk of the National Bank of Ukraine, no. 236 (June 29, 2016): 6–18. http://dx.doi.org/10.26531/vnbu2016.236.006.

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In May 2016, the National Bank of Ukraine (NBU) held its Annual Research Conference of the NBU on Transformation of Central Banking for the first time. Over 300 participants shared in the work of the representative international forum, including experts from central banks and international financial organizations, as well as representatives of the Ukrainian and international academic community. Issues discussed during the conference included the recent development trends of in central bankings, ranging from the monetary policy at low interest rates and under the threat of deflation, financial stability and management of capital flows, and the effect of new financial technologies and cultural features on the transition process in central banks.
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Lekpek, Ahmedin, and Zenaida Šabotić. "Islamic central banking in theory and practice." Bankarstvo 51, no. 3-4 (2022): 202–29. http://dx.doi.org/10.5937/bankarstvo2204202l.

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Thanks to their role as creators and implementers of monetary policy, central banks in most modern countries have the status of key financial institutions and pivots of financial system stability. During the centuries of evolution of central banking, numerous models and instruments of monetary policy were developed, the application of which depended largely on the political environment and the dominant economic model in specific countries. Unlike conventional central banking, Islamic central banking has been in global economic practice for only a few decades. An authentic and Shariah-compliant model of Islamic central banking is still in its infancy. Therefore, the practice of Islamic central banking is largely based on the application of instruments of conventional central banking, which, according to Shariah compliance, are used in their original or modified form or are excluded from use. In this paper, we will present the development path of Islamic central banking, the goals and obligations of Islamic central banks, a set of Shariah-compliant monetary policy instruments, the practice of Islamic central banking in certain countries, and limitations for the efficient functioning of Islamic central banks in practice.
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Goodhart, Charles A. E. "The free banking challenge to central banks." Critical Review 8, no. 3 (June 1994): 411–25. http://dx.doi.org/10.1080/08913819408443346.

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Gavin, Michael A. "Independent central banks and banking crisis liquidity." Review of International Organizations 15, no. 1 (September 4, 2018): 109–31. http://dx.doi.org/10.1007/s11558-018-9324-5.

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Levieuge, G., Y. Lucotte, and F. Pradines-Jobet. "Central banks’ preferences and banking sector vulnerability." Journal of Financial Stability 40 (February 2019): 110–31. http://dx.doi.org/10.1016/j.jfs.2017.10.008.

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Dissertations / Theses on the topic "Central Banks and banking"

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Harahap, Sofyan Syafri. "The Central Bank and commercial bank control relationships in Indonesia : a field based case study /." Title page, contents and abstract only, 1999. http://web4.library.adelaide.edu.au/theses/09PH/09phh254.pdf.

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Wu, Tong Caudill Steven B. "Is there a gap of banking efficiency between access and non-accession countries in central and eastern Europe." Auburn, Ala., 2006. http://repo.lib.auburn.edu/2006%20Summer/Theses/WU_TONG_10.pdf.

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Asiedu-Akrofi, Derek. "Central banks and the doctrine of sovereign immunity." Thesis, University of British Columbia, 1987. http://hdl.handle.net/2429/26136.

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Central banks engage in a multiplicity of activities. Their current roles are historically determined, in that each central bank came into being at a certain stage of its country's development and has exercised its functions consistently with its nation's development objectives. Consequently, central bank functions vary in degree and from place to place. However, despite the different conditions under which they operate, most central banks exhibit a tendency to conform to an almost identical pattern, particularly in respect of those practices and principles developed by the Bank of England, which came to be accepted as traditional central bank functions. This thesis takes up the traditional central bank functions and compares them with the new and expanding roles of central banks in the developing world. The tool for illuminating this review is the important issue of government immunity. As agents of their governments, central banks sometimes breach their contractual obligations and then the issue of immunity comes up. In determining the immunity of foreign states, their agents and instrumentalities, the courts characterize their activities as either private or public acts. This process of characterization has proved difficult in its application to central bank activities. This is because there is no uniform central bank function. Consequently, it is difficult to determine when a central bank is performing a central bank function. The restrictive immunity approach presupposes that central bank functions could easily be characterized as either commercial or central bank functions. However, a contrary view is presented in this thesis. This thesis takes the position that central bank activities are not uniform and therefore cannot be subject to a general theory of restrictive immunity. A comparative approach is adopted in analysing the different evolutionary patterns of central bank development, the scope of protection that central banks enjoy under the current law in sovereign immunity in the U.S., Canada, the U.K. and other international conventions. The study ends with an appraisal of the scope of central bank immunity and the problems associated with the characterization process and concludes that in the absence of uniform central bank functions, and an agreement on the proper sphere of governmental activity, the restrictive immunity approach is inadequate for the resolution of central bank immunity issues. Consequently a programme of bilateral treaties is suggested as a better alternative.
Law, Peter A. Allard School of
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Lara, Sebastian. "The political determinants of central bank independence." Diss., Connect to the thesis, 2008. http://hdl.handle.net/10066/1449.

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Maneschiöld, Per-Ola. "Essays on exchange rates and central bank credibility." [Göteborg : Nationalekonomiska institutionen, Göteborgs universitet], 2002. http://www.handels.gu.se/epc/data/html/html/PDF/ManeschioldNE.pdf.

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Müller, Till [Verfasser]. "The political economy of central banks and banking regulation / Till Mueller." Berlin : Freie Universität Berlin, 2009. http://d-nb.info/1023580039/34.

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Hackenberg, F. "A cross-country comparison of central banking : implications for the European system of central banks." Thesis, Swansea University, 1995. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.637193.

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The Treaty of Maastricht envisages a European System of Central Banks with the European Central Bank (ECB) as its centre-piece, designed to be independent and pursuing the primary objective of price stability. This study is concerned with the independence of central banks and its related issues. A focus is put on the question of whether the degree of central bank independence determines a country's inflation performance. Furthermore, the definition, determination, and measurement of central bank independence are developed. The results of an international survey made it possible to identify criteria which, in the eyes of the responding central bankers, are crucial in determining central bank independence. Moreover, it was possible to construct a new weighting system, based on various indices of which one is called the central bank independence index (CBI), which reacts more sensitively to a change in a central bank act than other indices. Therefore it is possible to determine independence more precisely than previous methods. Analysing this new "weighting approach" it was found that there is a negative correlation between central bank de jure independence and a nation's inflation level and, when comparing the CBI to existing indices, the former performs better in explaining a country's rate of inflation. Applying these findings to the future ECB the conclusion reached is that the ECB will have a high degree of de jure central bank independence, compared to those central banks in the study, thus it will help in achieving a low-level inflation within the European Union. Nevertheless, there is also an indication that, although granting legal independence to the ECB, the Treaty of Maastricht provides various articles, which might undermine the Bank's de jure independence.
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Tymoigne, Eric Wray L. Randall. "Central banking, asset prices, and financial fragility what role for a central bank? /." Diss., UMK access, 2006.

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Thesis (Ph. D.)--Dept. of Economics and Social Sciences Consortium. University of Missouri--Kansas City, 2006.
"A dissertation in economics and social sciences." Advisor: L. Randall Wray. Typescript. Vita. Title from "catalog record" of the print edition Description based on contents viewed Dec. 19, 2007. Includes bibliographical references (leaves 422-452). Online version of the print edition.
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Robinson, Kenneth James. "Random-coefficients models of the inflationary consequences of discretionary central-bank behavior." Connect to resource, 1986. http://rave.ohiolink.edu/etdc/view.cgi?acc%5Fnum=osu1262786327.

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Parra, Julian Andres. "Essays on central bank inflation announcements." Thesis, University of Cambridge, 2010. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.609017.

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Books on the topic "Central Banks and banking"

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Deane, Marjorie. The central banks. London: Hamish Hamilton, 1994.

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Peek, Joe. Is bank supervision central to central banking? [Boston]: Federal Reserve Bank of Boston, 1997.

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Lastra, Rosa María. Central banking and banking regulation. London: Financial Markets Group, London School of Economics and Political Science, 1996.

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G, Mayes David, and Wood Geoffrey Edward, eds. Designing central banks. New York, NY: Routledge, 2009.

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Henckel, Timo. Central banking without central bank money. [Washington, D.C.]: International Monetary Fund, Monetary and Exchange Affairs Department, 1999.

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M, Santomero Anthony, Viotti Staffan 1944-, and Vredin Anders, eds. Challenges for central banking. Boston: Kluwer Academic Publishers, 2001.

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Gorton, Gary. Banking panics and the origin of central banking. Cambridge, MA: National Bureau of Economic Research, 2002.

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1946-, Collins Michael, ed. Central banking in history. Aldershot, Hants, England: Elgar, 1993.

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Marlon, Cappello, and Rizzo Cristian, eds. Central banking and globalization. Hauppauge, N.Y: Nova Science Publishers, 2009.

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Marlon, Cappello, and Rizzo Cristian, eds. Central banking and globalization. Hauppauge, N.Y: Nova Science Publishers, 2009.

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Book chapters on the topic "Central Banks and banking"

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Bindseil, Ulrich, and Alessio Fotia. "Central Banks." In Introduction to Central Banking, 11–28. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-70884-9_2.

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AbstractThis chapter develops further the role of a central bank and its interplay with commercial banks. Together, the two ensure the provision of liquidity to the economy, such that the real sectors are shielded from flows of funds originating from household and investors. We also disaggregate the banking system into two banks to represent deposit flows between banks and their impact on the central bank’s balance sheet, and to distinguish between what we call “relative” and “absolute” central bank intermediation. We then integrate deposit money creation by commercial banks into our system of financial accounts, and revisit some old debates, such as the limits of bank money creation and the role of related parameters that the central bank can set (not only the reserve requirement ratio, but also the collateral framework). Finally, we explain the concepts of “plain money” and “full reserve banking” within the financial accounts, and also discuss in this framework the recent proposals regarding central bank digital currency (CBDC).
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Herger, Nils. "Money, Credit, and Banking." In Understanding Central Banks, 83–111. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-05162-4_5.

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Goodhart, Charles A. E. "Are Central Banks Necessary?" In Unregulated Banking, 1–35. London: Palgrave Macmillan UK, 1991. http://dx.doi.org/10.1007/978-1-349-11398-9_1.

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Bindseil, Ulrich, and Alessio Fotia. "Economic Accounts and Financial Systems." In Introduction to Central Banking, 1–9. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-70884-9_1.

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AbstractThis chapter introduces the system of accounts of the main sectors of the economy (households; non-financial corporations, the government; banks, and the central bank), describing how these sectors are interrelated through financial claims and liabilities. A financial system, consisting of commercial banks and the central bank, manages flows of funds originating from households, without these flows causing a need for the real sectors to liquidate illiquid real assets. The basic types of assets and liabilities are: real goods, gold, banknotes, deposits, bonds, loans, and equity. We explain how the shortcomings of both IOU and commodity-money based financial systems can be solved via establishing a central bank. A central bank is defined here by its balance sheet and central bank money is the central bank’s basic liability. Both monetary policy implementation and lender of last resort issues relate to liquidity flows within balance sheets. Understanding the logic of basic financial flows is therefore the basis for understanding central banking.
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Bindseil, Ulrich, and Alessio Fotia. "Conventional Monetary Policy." In Introduction to Central Banking, 29–51. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-70884-9_3.

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AbstractThis chapter introduces conventional monetary policy, i.e. monetary policy during periods of economic and financial stability and when short-term interest rates are not constrained by the zero lower bound. We introduce the concept of an operational target of monetary policy and explain why central banks normally give this role to the short-term interbank rate. We briefly touch macroeconomics by outlining how central banks should set interest rates across time to achieve their ultimate target, e.g. price stability, and we acknowledge the complications in doing so. We then zoom further into monetary policy operations and central bank balance sheets by developing the concepts of autonomous factor, monetary policy instruments, and liquidity-absorbing and liquidity providing balance sheet items. Subsequently we explain how these quantities relate to short-term interest rates, and how the central bank can rely on this relation to steer its operational target, and thereby the starting point of monetary policy transmission. Finally, we explain the importance of the collateral framework and related risk control measures (e.g. haircuts) for the liquidity of banks and for the conduct of central bank credit operations.
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Herger, Nils. "Final Chapter: The Past, Present, and Future of Central Banking." In Understanding Central Banks, 183–86. Cham: Springer International Publishing, 2019. http://dx.doi.org/10.1007/978-3-030-05162-4_9.

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Humphrey, David B. "Central Banks and the Payment System." In Challenges for Central Banking, 139–53. Boston, MA: Springer US, 2001. http://dx.doi.org/10.1007/978-1-4757-3306-8_8.

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Chandavarkar, Anand. "Central Banks: Origins and Variants." In Central Banking in Developing Countries, 11–28. London: Palgrave Macmillan UK, 1996. http://dx.doi.org/10.1057/9780230371507_2.

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Keiding, Hans. "Lenders of Last Resort and Central Banks." In Economics of Banking, 311–26. London: Macmillan Education UK, 2016. http://dx.doi.org/10.1007/978-1-137-45305-1_16.

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Bindseil, Ulrich, and Alessio Fotia. "International Monetary Frameworks." In Introduction to Central Banking, 101–21. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-70884-9_7.

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AbstractIn this chapter we turn to representing flows of funds in alternative international monetary frameworks, and what global liquidity these different frameworks provide. We first recall some arguments in favour of and against fixed exchange rate systems. We then introduce two international monetary arrangements of the past which imply fixed exchange rates, namely the gold standard and the Bretton Woods system, and recall why both eventually failed. We then turn to three international monetary frameworks in the context of the current paper standard, i.e. fixed exchange rate systems, flexible exchange rate systems, and the European monetary union. We explain the role of an international lender of last resort and related solutions, and how these allow for more leeway in running fixed exchange rate systems. We also show how banks and central bank balance sheets are affected by international flows of funds and the balance of payments. Finally, we briefly review recent developments of foreign currency reserves, being the key central bank balance sheet position in this context.
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Conference papers on the topic "Central Banks and banking"

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Salomatina, Sofya A. "The Oryol Commercial Bank, railways and agricultural export in the Central Black Earth Region in the second half of the 19th century." In Торговля, купечество и таможенное дело в России в XVI–XX веках. ИПЦ НГУ, 2023. http://dx.doi.org/10.31518/tktdr-35-2023-13.

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The article is devoted to the banking infrastructure that served agricultural exports in the second half of the 19th century on the example of the Oryol Commercial Bank and the Oryol province. The author briefly presents the results of a completed scientific project, during the implementation of which it was proved that the Orel Commercial Bank, based on one of the largest export roads, back in the 1870s (20 years earlier than the State Bank’s branches) made a bet on all types of banking services for agriculture. The servicing of commodity-money flows in the western direction absolutely dominated the region, with the harvest of last year being exported, and rail transportation was closely correlated with banking operations. Thus, a crop storage system has developed in the region, supplemented by a complex of banking operations. This fact must be taken into account when assessing the role of banks in regional development.
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Abdulwahid Luaibi, Ali, and Aida Kamoun Abdelmawla. "Controlling Planning Budgets in Banking Institutions Using The CAMELS Indicators Model - Research On a Sample of Private Iraqi Banks." In II. Alanya International Congress of Social Sciences. Rimar Academy, 2023. http://dx.doi.org/10.47832/alanyacongress2-1.

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Planning budgets are one of the most important means adopted by banking institutions as an indicator to measure the efficiency and effectiveness of banks through the optimal use of available resources and achieving the goals that banks seek, which are achieving the highest profits with the lowest costs and risks. This study sought to demonstrate the impact of planning budgets on control and planning in Iraqi banking institutions. The Camels model was used to monitor banking performance and evaluate the level of performance. This model is one of the tools used by the Central Bank and the regulatory and inspection authorities to evaluate the financial situation of banks. Our current study covered a sample of Iraqi commercial banks, which amounted to (14) banks out of (32) listed banks. And traded in the Iraqi Stock Exchange, and for the purpose of achieving the objectives of the study, the researcher relied on two methods, the first represented by presenting a theoretical study on the subject by using sources, references, and scientific and academic studies that are related to the subject of the research, and the second method represented by relying on field research in what was presented in The theoretical aspect is through the financial statements of the banks in the study sample, extracting the ratios of the six elements of the system to the Camels and aggregate elements, and proving the hypothesis of the study, which states (the CAMELS indicators approved by the Central Bank of Iraq contribute to activating the budget’s supervisory role). The main one of them was proven according to the application of the Camels indicators on the study sample. The study concluded that the difficulties and problems facing the preparation and implementation of budgets in banking institutions can be addressed by using the outputs of the Camels system to address deviations in the level of implementation of budgets and reconsider lofty future plans
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Manole, Tatiana, and Iulita Birca. "Evaluarea riscului in sistemul bancar in contextual Comitetului Basel." In Conference title: Economic growth in the conditions of globalization: International Scientific-Practical Conference, XVIth edition. National Institute for Economic Research, 2023. http://dx.doi.org/10.36004/nier.cecg.iii.2022.16.5.

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This article investigates the role of the banking institution in carrying out the circulation of funds. The financial circuit of the funds can be likened to the circulation of blood through the venous system of man. A small failure can cause great health problems. This phenomenon can be compared with the monetary circulation in the economy of the country. The national institution, that aims to supervise and control the money circuit, is the Central Bank (the case of the Republic of Moldova – the National Bank of Moldova). It is precisely this institution that is obliged and has at its disposal all the monetary policy instruments to achieve this objective. The supreme banking supervisory institution is the BASEL Committee, the objective of which is to understand supervisory issues and improve the quality of banking supervision worldwide, in order to increase financial stability, being the main global standard for prudential regulation of banks. By decision no. 63 of February 28, 2019, the National Bank of Moldova approved the Methodology for supervision and evaluation of banks' activity, thanks to which international standards and best practices in the field of banking sector supervision are transposed. The approval of the methodology is part of the process of reforming the domestic banking supervision framework and represents a fundamental step in the implementation of a future-oriented risk-based supervision process using professional reasoning.
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Pyka, Anna, and Aleksandra Nocoń. "Polish versus European banking sector − characteristics, consolidation, ownership changes." In Contemporary Issues in Business, Management and Economics Engineering. Vilnius Gediminas Technical University, 2019. http://dx.doi.org/10.3846/cibmee.2019.032.

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Purpose – the main aim of the study is an assessment of the banking sector in Poland, including the size of the sector, banking institutions forming the sector and consolidation processes taking place in the sector against the background of banking sectors in other countries. The paper also indicates ownership changes as a consequence of consolidation processes in the banking sectors after the global financial crisis of 2008−2012. Research methodology – the following research methods were used: cause and effect analysis, comparative analysis, case studies, observation method, secondary data analysis, and synthesis method. Findings – the research allowed to find out that the banking sector in Poland is growing at a rate significantly exceeding the growth rate in other European countries. However, rapid development does not mean a radical increase in the importance of this sector in Europe. Concentration ratios of the Polish banking sector show continuous but slight increases, although their level is still quite low compared to other European Union countries. Moreover, in Poland, a decreasing number of banks, observed in recent years, reduces a share of foreign investors in the structure of the sector. This means a high activity of domestic investors in taking over bank capital. Research limitations – the main research limitation is that the study mainly focuses on changes as well as comparative analysis of the concentration ratio (CR5). While further research should be expanded by more measures to compare ownership structure and the profitability of Polish and the European Unionʼs banking sectors. Practical implications – the results might be useful for central banks and supervisory authorities when it comes to their role in changes in the ownership structure of banking sectors. Originality/Value – the main value of the article is the in-depth analysis of the ownership structure of the Polish banking sector in the background of the European ones
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Banincova, Eva. "Implications of the Global Financial Crisis on the Banking Sector in Eastern Europe and Baltic States." In International Conference on Eurasian Economies. Eurasian Economists Association, 2011. http://dx.doi.org/10.36880/c02.00263.

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In 2008-09 the banking sectors of four Central and East European States and three Baltic States have experienced a large-scale financial crisis in the EU for the first time since becoming foreign-owned. Amongst the new EU member states Baltic States and Hungary were the worst affected economies. The paper first explores why the extent of crisis varied among these seven states by distinguishing major differences in the pre-crisis bank lending practices which reflect different macroeconomic developments and exchange rate policies in these states. Based on the analysis of bank performance indicators since 2008 and my interviews with representatives of major banks active in the region, the important role of foreign banks in mitigating the risks of financial contagion is outlined. The implication from the crisis is examined mainly from the perspective of the financial supervision and regulation in the enlarged EU. By inspecting the concrete experience of financial supervision authorities in the Baltic States the paper shows why the host country supervisors were not able to curb excessive lending and risk-taking by large Scandinavian banks. Since it is expected that the new EU regulatory and supervisory framework will reinforce the financial stability in the case of large cross-border banking groups, the paper addresses the issues in the financial crisis prevention, management are resolution in the new EU member states which will improve based on the new EU regulatory and supervisory framework for credit institutions.
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6

Antonović, Ratomir. "Prava korisnika bankarskih usluga u kontekstu mera za sprečavanje pranja novca." In XVI Majsko savetovanje. University of Kragujevac, Faculty of Law, 2020. http://dx.doi.org/10.46793/upk20.181a.

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Modern banking systems operate on the principle of full accessibility to customers and meeting the requirements and expectations of the banking market. The service user was placed in a central place, which led banks to compete with each other in devising and creating relief mechanisms for the end users of their services. This situation is most commonly exploited and abused by criminal persons, and is often banking institutions, which knowingly, inadvertently, the place where, or by which, the commission of criminal offenses or money laundering offenses is facilitated. In most modern countries, anti-money laundering and prevention mechanisms have been put in place. Tracking clients, identifying them and controlling their business are just some of these mechanisms. However, some types of antagonism include anti-money laundering measures and measures to help banks compete for their market position and position themselves as well. Therefore, it is particularly important to monitor the extent to which banks are implementing anti-money laundering measures and whether there is a deliberate avoidance of such measures.
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7

Polouček, Stanislav. "Credit Behaviour of Banks in the European Union in the Wake of Global Economic Crisis." In International Conference on Eurasian Economies. Eurasian Economists Association, 2010. http://dx.doi.org/10.36880/c01.00221.

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Recent financial crises hit many countries. The impact on Visegrad countries in credit area was not damaging. The main reason was stability and soundness of financial (banking) sectors in these countries and an adequate response of central banks as well as flexible management of commercial banks. Commercial banks, usually daughter companies of western banks, used above all domestic deposits for financing credits. This played a key role in credit area and helped to keep the financial system stable. It is important to underpin that responses to the crisis have been rather heterogeneous in central European countries and there are quite big disparities among Visegrad countries, too. In the paper developments and responses of the commercial banks to the crisis and their stability have been discussed on the basis of deposits, loans of monetary financial institutions to the non-financial sector, households, governments, lending for house purchase and credit for consumption in several EU countries. Net position of banks vis-á-vis foreign banks is taken into account, too.
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8

Gorobeț, Ilinca. "Digital Financial Assets In The Context Of The Current Configuration Of The Banking Industry." In 27th International Scientific Conference “Competitiveness and Innovation in the Knowledge Economy”. Academy of Economic Studies of Moldova, 2024. http://dx.doi.org/10.53486/cike2023.50.

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In the current context, the need to study the role of digital financial assets, in particular banking assets, is gaining more and more attention, as we are living in a time when these assets seem to be moving towards a „consensus" or rather a general adoption. Users of digital financial assets range from retail customers to traditional banks and financial service providers. There are different views on the essence and content of digital banking assets, the attitude of authorities towards these assets, the technologies that underpin them, the regulation of these assets, and the prospects for their evolution both in terms of forms of development and number of transactions. The aim of this research is to study digital financial assets, specifically in banks. An important role will be devoted to the role of central banks and their contribution to the management and issuance of digital financial assets. We will analyses the impact of the development of digital financial assets on the global financial system and how these digital assets change the payments system. We will analyses the strengths and weaknesses of banks' digital financial assets compared to cryptocurrencies. Research methods will be description, comparison and synthesis. Accordingly, we will elucidate the phenomenon of digital financial assets in the domestic market and in international practice.
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Arsov, Sasho. "THE ROLE OF BANKS AND SECURITIES MARKETS IN THE POST-TRANSITION ECONOMIES OF EASTERN EUROPE." In Economic and Business Trends Shaping the Future. Ss Cyril and Methodius University, Faculty of Economics-Skopje, 2020. http://dx.doi.org/10.47063/ebtsf.2020.0007.

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Economic theory predicts that the development of the financial sector should have a positive impact on the overall economic development. Research has predominantly confirmed this expectation, with the remark that at earlier stages of economic development this impact should be higher, while a disproportionate banking sector has detrimental effect on growth through its impact on attracting highly skilled workforce, increased presence of moral hazard and the associated banking crises. This issue has been studied only occasionally in the case of the former socialist economies of Central and Eastern Europe and the former USSR. This paper represents an attempt to analyze the impact of the banking sector and securities markets development on the economic growth of these countries. A sample of 22 countries is assembled, using data from 1995 to 2018 and a panel regression and a GMM technique are used to derive conclusions on the researched topic. The analysis has shown that the banking sector has played a positive role in the economic growth throughout the analyzed period, while the role of the stock market is not significant. This is in line with the previous studies which have confirmed that the positive role of the securities markets should be expected only at higher levels of economic development. Also, the impact of the overall financial sector is deemed to be positive.
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Gündoğdu Odabaşıoğlu, Fatma. "Path to the Common Monetary Authority: An Assessment on Banking Sector of the Eurasian Economic Union Countries during the Economic Integration Proces." In International Conference on Eurasian Economies. Eurasian Economists Association, 2015. http://dx.doi.org/10.36880/c06.01269.

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Monetary union is one of the advanced stages of international economic integration and involves shared monetary and exchange rate policies that are executed collectively across union members. This common policy warrants price stability and requires a common supranational monetary authority. Existence of an established banking sector is crucial for effective execution of policy decisions taken by said monetary authorities. Eurasian Economic Union (EAEU) is officially established on January 1st of 2015 and is an example for a regional economic integration. Aim of the Union, which is comprised of Russia, Kazakhstan, Belarus and Republic of Armenia; is to increase collaboration among economies, to improve the living standards of the participating nations and to promote stable development. This study is based on assessment banking industries of member countries, working towards common monetary authority during the transition to EAEU economic integration between years 1995 and 2014. Data acquired from World Bank and member countries' central banks is used to determine the capabilities and limitations of partaking economies based on generally accepted financial strength indicators. In conclusion; Russian Federation and the Republic of Kazakhstan are observed to be the principal EAEU members due to their advanced and strong banking industries. Increasing fragilities over the years, amplified also by developments in global markets, are evident in member countries; especially in Belarus and Armenia. Significance of achieving price stability in founding country Russian Federation is emphasized for successfully establishing a common monetary authority.
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Reports on the topic "Central Banks and banking"

1

Fernández-Villaverde, Jesús, Daniel Sanches, Linda Schilling, and Harald Uhlig. Central Bank Digital Currency: Central Banking For All? Cambridge, MA: National Bureau of Economic Research, February 2020. http://dx.doi.org/10.3386/w26753.

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2

Dwyer, Gerald P., Biljana Gilevska, María J. Nieto, and Margarita Samartín. The effects of the ECB’s unconventional monetary policies from 2011 to 2018 on banking assets. Madrid: Banco de España, May 2024. http://dx.doi.org/10.53479/36595.

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We examine the effects of all three major European Central Bank (ECB) unconventional monetary policies since 2011 for euro area banks’ holdings of loans, government securities and cash deposited in central banks. The three ECB policies are longer-term refinancing operations (LTROs), the asset purchase programmes and the ECB’s interest rate on its deposit facility. We also compare the responses of non-crisis and crisis countries to these policies. Our evidence indicates that the ECB’s unconventional monetary policy measures increased bank lending across the euro area countries. The second round of LTROs, also known as targeted LTROs (TLTROs), were conditional on banks increasing their lending. This change had a substantially larger effect on total lending by banks. The computed effects of the LTROs and TLTROs, based on average size, indicate that in non-crisis countries LTROs increased bank loans by 7.6% of assets and TLTROs increased bank loans by 16.4% of assets, whereas in crisis countries the increases were 8.4% and 14.6% for LTROs and TLTROs, respectively. We find that both LTROs and TLTROs were associated with decreases in government securities held by banks in non-crisis countries, while the LTROs were associated with increases in government securities held by banks in crisis countries.
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Hall, Robert, and Ricardo Reis. Maintaining Central-Bank Financial Stability under New-Style Central Banking. Cambridge, MA: National Bureau of Economic Research, May 2015. http://dx.doi.org/10.3386/w21173.

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Gorton, Gary, and Lixin Huang. Bank Panics and the Endogeneity of Central Banking. Cambridge, MA: National Bureau of Economic Research, August 2002. http://dx.doi.org/10.3386/w9102.

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Vestergaard, Jakob. Monetary Policy for the Climate? A Money View Perspective on Green Central Banking. Institute for New Economic Thinking Working Paper Series, July 2022. http://dx.doi.org/10.36687/inetwp188.

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Central banks can potentially influence the investment decisions of private financial institutions, which in turn will create incentives towards green technology adoption and development of lower emission business models. This paper examines how monetary policies can be deployed to promote a greening of finance. To guide the efforts, the paper mobilizes the Money View literature. This enables a comparative assessment of different monetary policy options. The main finding is that a promising way forward for green monetary policy is to adopt a strategy of expanding collateral eligibility through positive screening and widening haircut spreads to change relative incentives in favor of green over brown assets.
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Ketterer, Juan Antonio, and Gabriela Andrade. Digital Central Bank Money and the Unbundling of the Banking Function. Inter-American Development Bank, April 2016. http://dx.doi.org/10.18235/0007008.

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Innovations in digital payment technologies and digital currencies suggest that extending access to central bank money (CBM) to firms and individuals is now feasible. This paper focuses on a recent related debate regarding alternative organizational models for the payment system and their implications for the banking industry. One of the main conclusions is that extended access to CBM will likely create a centrifuge force in the financial system that might result in the unbundling of the banking functions.
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Ketterer, Juan Antonio, and Gabriela Andrade. Digital Central Bank Money and the Unbundling of the Banking Function. Inter-American Development Bank, April 2016. http://dx.doi.org/10.18235/0000300.

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Del Valle, Marielle, Liliana Rojas-Suárez, and Arturo Galindo. Capital Requirements under Basel III in Andean Countries: The Cases of Bolivia, Colombia, Ecuador and Peru. Inter-American Development Bank, December 2011. http://dx.doi.org/10.18235/0008412.

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Since the eruption of the global financial crisis in 2008 international setting bodies and local regulators around the world have been hard at work designing and implementing new regulatory frameworks to deal with the regulatory deficiencies that were exposed during the crisis. In particular, there is now a consensus that existing regulations in developed countries were not able to contain excessive risk-taking activities by financial institutions in this group of countries during the pre-crisis period. Among these regulations, the newly proposed set of reform measures developed by the Basel Committee on Banking Supervision (BCBS): "Basel III: A global regulatory framework for more resilient banks and banking systems" (2011) is perhaps the one that has attracted most attention worldwide because a central focus of the recommendations lies on important changes in banks' regulatory capital requirements. Where does Latin America stand with respect to capital requirements? Can banks in the region satisfy with ease the new capital requirements of Basel III or will the implementation of this new set of capital recommendations require large efforts from banks in the region? This paper deals with these questions for the case of four Andean countries: Bolivia, Colombia, Ecuador and Peru.
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Bordo, Michael, and Angela Redish. Seventy Years of Central Banking: The Bank of Canada in International Context, 1935-2005. Cambridge, MA: National Bureau of Economic Research, August 2005. http://dx.doi.org/10.3386/w11586.

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Gutiérrez, José E., and Luis Fernández Lafuerza. Credit line runs and bank risk management: evidence from the disclosure of stress test results. Madrid: Banco de España, December 2022. http://dx.doi.org/10.53479/25006.

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As noted in recent literature, firms can run on credit lines due to fear of future credit restrictions. We exploit the 2011 stress test supervised by the European Banking Authority (EBA) and the Spanish Central Credit Register to explore: 1) the occurrence and magnitude of these runs after the release of negative stress test results; and 2) banks’ behaviour before and after the release of this information. We find that, following the release of the results, firms drew down approximately 10 pp more available funds from lines granted by banks that had a worse performance in the stress test. Moreover, before the release date, poorer performing banks were more likely to reduce the size of credit lines, while those with more significant balances of undrawn credit lines were more likely to cut term lending.
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