THE CENTRAL BANKS FROM PAST TO PRESENT AND AN EXAMPLE OF MODERN CENTRAL BANKING: THE EUROPEAN CENTRAL BANK Cover Image

GEÇMİŞTEN GÜNÜMÜZE MERKEZ BANKALARI VE MODERN MERKEZ BANKACILIĞININ BİR ÖRNEĞİ: AVRUPA MERKEZ BANKASI
THE CENTRAL BANKS FROM PAST TO PRESENT AND AN EXAMPLE OF MODERN CENTRAL BANKING: THE EUROPEAN CENTRAL BANK

Author(s): Fatma TURNA
Subject(s): Economy, National Economy, EU-Accession / EU-DEvelopment, Financial Markets, Public Finances
Published by: Rating Academy
Keywords: European Central Bank; Europen Union; Eurosystem; National Central Banks;

Summary/Abstract: In this study, based on the European Central Bank, the historical development process/period of central banks will be informed and the structure of Federal Reserve Bank (FED) will be discussed briefly. Besides, the establishment of the European Central Bank, its objectives, tasks, organizational structure, independence, monetary policy strategy, monetary policy instruments, payment systems and its seigniorage revenues will be analyzed. In addition, the National Central Banks, the European System of Central Banks, the Eurosystem and TARGET/TARGET2 will be discussed. In this way, European Central Bank's structural, legal and technical infrastructure will be analyzed because it is an important institution in providing of Economic and Monetary Union.

  • Issue Year: 1/2014
  • Issue No: 1
  • Page Range: 41-56
  • Page Count: 16
  • Language: Turkish