CENTRAL BANK REPUTATION AND THE MONETIZATION OF DEFICITS: THE 1981 ITALIAN MONETARY REFORM

1987 ◽  
Vol 25 (2) ◽  
pp. 185-200 ◽  
Author(s):  
GUIDO TABELLINI
Keyword(s):  
Central Bank ◽  
Monetary Reform

Central Bank or Monetary Authority? Three Views on Money and Monetary Reform

2017 ◽  
Vol 37 (3) ◽  
pp. 343-356 ◽  
Author(s):  
Frank Decker
Keyword(s):  
Central Bank ◽  
Monetary Authority ◽  
Monetary Reform

Monetary Reform, 1923–30: A Prelude to Colombia's Economic Development

1980 ◽  
Vol 40 (1) ◽  
pp. 98-104 ◽  
Author(s):  
Bruce R. Dalgaard
Keyword(s):  
Economic Development ◽  
Central Bank ◽  
Financial System ◽  
Monetary Reform ◽  
Fiscal System ◽  
Economic Infrastructure

Two financial missions to Colombia headed by Edwin W. Kemmerer are examined to determine their impact on Colombia's financial system and on the flow of American investment to Colombia. The 1923 and 1930 missions established a central bank and completely reorganized the Colombian financial and fiscal system. These reforms served to provide enough stability to encourage American investment, which helped to develop a financial and economic infrastructure in Colombia.

scholarly journals Mutual settlements and integration: Will the digital monetary unit of the central bank find its place?

2021 ◽  
Vol 27 (2) ◽  
pp. 430-448
Author(s):  
Yuliya A. MAKLAKOVA
Keyword(s):  
Central Bank ◽  
Chinese Economy ◽  
Monetary Reform ◽  
Future Scenario ◽  
Digital Currency ◽  
Brics Countries ◽  
Monetary Unit ◽  
The Future ◽  
The Creation ◽  
The Government

Subject. The article focuses on new digital tools for mutual payments. Objectives. I study the specifics of BRICS trade and the digitalization of the Chinese economy in order to find new ways of the international cooperation and the creation of the digital currency of the central bank. Methods. I use methods of the logic, comparative and statistical analysis. Results. I analyzed international settlements among the BRICS countries to review key trade partners, integration development ways and serious barriers hampering it. The article indicates the key trade partner, that is China, which has become a turning point in the study. I provide the more thorough rationale for implementing the digital currency of the central bank, and evaluate the future scenario of using the digital yuan worldwide and in the BRICS countries. The article reviews the creation and development of the digital ruble, classifies possible applications of the digital currency and forecasts which one will succeed most. Conclusions. The study evaluates the future scenario of the digital ruble implementation to meet needs of the government, State, individuals and legal entities. It also spotlights possible advantages and risks of the third monetary reform. The aspect has not be sufficiently elaborated scientifically and practically, being a pending agenda for discussion. The findings can be used by the Bank of Russia and commercial banks.

The Financial System, Financial Regulation and Central Bank Policy

2017 ◽  
Author(s):  
Thomas F. Cargill
Keyword(s):  
Central Bank ◽  
Financial Regulation ◽  
Financial System

Was für eine Europäische Verfassung?

2005 ◽  
Vol 35 (139) ◽  
pp. 287-300 ◽  
Author(s):  
Étienne Balibar
Keyword(s):  
Central Bank ◽  
European Central Bank ◽  
Social Rights ◽  
European Constitution ◽  
Fundamental Level ◽  
European Central

The problem of a European Constitution is discussed at a fundamental level. In which way, can we speak about such a Constitution? Thearticle argues against the “postnational souveranism”, legitimating state against citizens. A new kind of citizenship is favoured based on extended social rights. The constitution now proposed contrarily makes the European Central Bank and its neoliberal policy to central and nearly unchangeable institution.

Conditions for the Hi-tech Complex Development

2003 ◽  
pp. 26-39
Author(s):  
V. Maevsky ◽  
B. Kuzyk
Keyword(s):  
Economic Development ◽  
Central Bank ◽  
Developed Countries ◽  
Industrial Society ◽  
Monetary Base ◽  
Complex Development ◽  
Bank System ◽  
Post Industrial

A project for the long-term strategy of Russian break-through into post-industrial society is suggested which is directed at transformation of the hi-tech complex into the leading factor of economic development. The thesis is substantiated that there is an opportunity to realize such a strategy in case Russia shifts towards the mechanism of the monetary base growth generally accepted in developed countries: the Central Bank increases the quantity of "strong" money by means of purchasing state securities and allocates the increment of money in question according to budget priorities. At the same time for the realization of the said strategy it is necessary to partially restore savings lost during the hyperinflation period of 1992-1994 and default of 1998 and to secure development of the bank system as well as an increase of the volume of long-term credits on this base.

The end of Alchemy of Finance and Sovereign Money (on the books by M. King “The end of Alchemy: Money, Banking and the Future of the Global Economy” and by J. Huber “Sovereign Money. Beyond Reserve Banking”)

2017 ◽  
pp. 131-141 ◽  
Author(s):  
V. Yefimov
Keyword(s):  
Economic Policy ◽  
Central Bank ◽  
Institutional Theory ◽  
Money Supply ◽  
Government Spending ◽  
Global Economy ◽  
Private Banks ◽  
Money Creation ◽  
Ministry Of Finance ◽  
Reserve Banking

The review discusses the institutional theory of money considered in the books by King and Huber, and the conclusions that follow from it for economic policy. In accordance with this theory, at present the most of the money supply is created not by the Central Bank but by private banks. When a bank issues a loan, new money is created, and when the loan is repaid this money is destructed. The concept of sovereign money involves the monopoly of money creation of the central bank. In this case the most of newly created money is handed over to the ministry of finance to implement government spending.

Global Financial Crisis and Its Impact on Russia

2009 ◽  
pp. 9-27 ◽  
Author(s):  
A. Kudrin
Keyword(s):  
Monetary Policy ◽  
Fiscal Policy ◽  
Financial Crisis ◽  
Central Bank ◽  
Global Financial Crisis ◽  
Developed Countries ◽  
Real Economy ◽  
Energy Prices ◽  
Russian Government ◽  
The Real

The article examines the causes of origin and manifestation of the current global financial crisis and the policies adopted in developed countries in 2007—2008 to deal with it. It considers the effects of the financial crisis on Russia’s economy and monetary policy of the Central Bank in the current conditions as well as the main guidelines for the fiscal policy under different energy prices. The measures for fighting the crisis that the Russian government and the Central Bank use to support the real economy are described.

The Bank of China Reports on Monetary Reform

1937 ◽  
Vol 6 (11) ◽  
pp. 127-128
Author(s):  
K. M.
Keyword(s):  
Monetary Reform ◽  
Bank Of China
Sign in / Sign up

Export Citation Format

Share Document