Central Banking (Capital University of Economics and Business Press)

Author: Zhang Qiang
Publisher:
Publish Date: 2003-07-19
Features: The central bank is a product of the highly developed commercial banking and monetary credit system. As a special financial institution responsible for formulating and implementing monetary policy, regulating and controlling the total credit, supervising and managing financial institutions and their business activities, the central bank plays a pivotal role in modern economic and financial stability, reform, and development. By taking the central bank as the research subject, from a macro perspective and starting with the study of the laws governing the operation of the modern economy and finance, the study of the central banking discipline, which explores the mechanisms of economic and financial stable development, has become an independent and highly important field. This book comprehensively introduces the history and development of the central banking system, as well as its development and current status in China; systematically elaborates on the classification and functions of the central bank, as well as the specific operational procedures for the central bank in exercising its functions; provides a detailed analysis of the business operations of each functional division of the central bank, as well as various reference indicators and tools reflecting the central bank's operations; and thoroughly discusses the role and specific operational methods of the central bank in macroeconomic regulation, international economic exchanges, and establishing an orderly financial order. Additionally, the book is supplemented with numerous real, rich, and globally sourced case studies, enabling readers to easily grasp the comprehensive knowledge of central banking. Each chapter is also accompanied by key learning points and review questions to assist readers in self-study and review.