TY  - BOOK
AU  - Akhtar, Shamshad 
AU  - Lorie, Henri.
AU  - Petersend, Arne.
TI  - Effectiveness of Central Banks and their role in the global financial crisis: case of selected economies
SN  - 9789715618816
U1  - 332.17 
PY  - 2009///
CY  - Mandaluyong City, Metro Manila, Philippines
PB  - Asian Development Bank
KW  - Financial crises -- Asia.
KW  - Financial crises.
KW  - Banks and banking, Central.
KW  - Banks and banking, Central -- Asia
N1  - Cover; 
Contents; 
Currency Equivalents; 
Abbreviations; 
Glossary; 
Acknowledgments;
Executive Summary; 
Introduction; 
Objectives; 

Part I: 
Regional Comparative Analysis; 
The Macroeconomic Context; Development of Finance Sectors; 
Legal Framework for Central Bank Activities; 
Independence; 
Relations with the Government; Governance Structure; 

Banking Supervision and Regulation; 
The Regulatory Structure; 
Licensing Regime; 
Loan Classifications and Provisioning; 
Risk Management; 
Bank Supervision Capacities; 

Review of Monetary Policy Frameworks; 
Monetary Policy and Financial Performance.
Interest Rates, 
Inflation, 
Growth, and Money Growth 
Liquidity Management and Interest Rates Setting; 
Experience with the Transmission Mechanism; 
Exchange Rate Policy and International Reserves; 
Other Factors Affecting Central Bank Effectiveness; 
Financial Soundness of the Banking System; 

Lessons and Policy Recommendations; 
The Legal Framework; Macroeconomic Management and Challenges; 
Monetary Policy Management and Challenges; 
Maintaining Banking System Soundness; 


Part II: Country Studies; 
Caucasus and Central Asia; 
Afghanistan; Armenia; Georgia; 
The Kyrgyz Republic; 
Tajikistan;
South Asia

ER  -