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Limiting central bank credit to the government: theory and practice
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ISBN: 155775358X 145528114X 1452789339 9781557753588 Year: 1993 Volume: 110 Publisher: Washington, D.C. IMF

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Abstract

This paper examines central bank independence with reference to the constraints on central bank credit to the government, focusing on how such credit should be regulated. It discusses why credit should be contsrained, and in which forms, and how to implement those constraints.

Keywords

International finance --- Bank loans --- Banks and banking, Central --- Credit --- 336.71 --- 336.711 --- 336.27 --- $?$95/03 --- banque centrale --- credits --- gestion de la dette --- AA* / International - Internationaal --- 333.111.0 --- 333.111.6 --- 333.111.1 --- 333.111.36 --- 336.302 --- 332.11 --- 330.05 --- Bank credit --- Loans --- Borrowing --- Finance --- Money --- Banker's banks --- Banks, Central --- Central banking --- Central banks --- Banks and banking --- Bankwezen --- centrale bank --- kredieten --- schuldbeheer --- Algemeenheden. Theoretische en beschrijvende studies. Centrale banken. --- Betrekkingen van de centrale banken met de overheid. Voorschotten aan de overheid. Monetaire financiering van de schatkist. --- Organieke wetten en statuten van centrale banken. --- Rijkskassier en kassier van andere openbare instellingen. --- Weerslag van de rijksschuld. --- Working papers --- Banks and banking, Central. --- Credit. --- Bank loans. --- 336.71 Bankwezen --- Algemeenheden. Theoretische en beschrijvende studies. Centrale banken --- Organieke wetten en statuten van centrale banken --- Rijkskassier en kassier van andere openbare instellingen --- Betrekkingen van de centrale banken met de overheid. Voorschotten aan de overheid. Monetaire financiering van de schatkist --- Weerslag van de rijksschuld --- Banks and Banking --- Exports and Imports --- Investments: General --- Money and Monetary Policy --- Industries: Financial Services --- Investments: Stocks --- Macroeconomics --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Central Banks and Their Policies --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- General Financial Markets: General (includes Measurement and Data) --- Current Account Adjustment --- Short-term Capital Movements --- Monetary Policy --- Pension Funds --- Non-bank Financial Institutions --- Financial Instruments --- Institutional Investors --- Banking --- Monetary economics --- Investment & securities --- International economics --- Central bank credit --- Bank deposits --- Securities --- Financial institutions --- Financial services --- Current account --- Balance of payments --- Monetary base --- Central bank autonomy --- Monetary expansion --- Monetary policy --- Financial instruments --- Money supply --- Stocks --- Hungary

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