Financial stability and the role of central banks
Financial stability and the role of central banks
Author(s): Carmen Adriana GheorgheSubject(s): Law, Constitution, Jurisprudence
Published by: Editura Universitatii Transilvania din Brasov
Keywords: financial stability; monetary stability; Central banks; the role of central banks
Summary/Abstract: The role of central banks in promoting monetary stability is well known. Modern central banking laws are usually explicit on making monetary stability the core objective of central banks. Also, other competing objectives are sometimes added to the central bank’s mandate, such as growth and full employment.
Journal: Bulletin of the Transilvania University of Braşov, Series VII: Social Sciences and Law
- Issue Year: 2011
- Issue No: 2
- Page Range: 123-126
- Page Count: 4
- Language: English