Systemic Requirements for Monetary Stability in Eastern Europe and the Former Soviet Union /

The primary function of banks during economic transformation is seen to be provision of an efficient payments mechanism. The lack of banking skills, particularly in credit allocation, is seen as the major problem in stable monetary systems. This is a problem which can be expected to last many years....

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Rostowski, Jacek
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1994.
Sarja:IMF Working Papers; Working Paper ; No. 1994/024
Linkit:Full text available on IMF
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245 1 0 |a Systemic Requirements for Monetary Stability in Eastern Europe and the Former Soviet Union /  |c Jacek Rostowski. 
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490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The primary function of banks during economic transformation is seen to be provision of an efficient payments mechanism. The lack of banking skills, particularly in credit allocation, is seen as the major problem in stable monetary systems. This is a problem which can be expected to last many years. The solution is to limit banks to very safe assets (initially central bank liabilities). Combining such safe banks with a monetary rule would provide stable monetary systems during transition. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1994/024 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1994/024/001.1994.issue-024-en.xml  |z IMF e-Library