Occasional Papers

Limiting Central Bank Credit to the Government: Theory and Practice

By Carlo Cottarelli

September 15, 1993

Preview Citation

Format: Chicago

Carlo Cottarelli. Limiting Central Bank Credit to the Government: Theory and Practice, (USA: International Monetary Fund, 1993) accessed December 9, 2024

Summary

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.

Subject: Balance of payments, Bank deposits, Banking, Central bank autonomy, Central bank credit, Central banks, Credit, Current account, Financial institutions, Financial services, Monetary base, Monetary expansion, Monetary policy, Money, Securities

Keywords: Bank deposits, Caribbean, Central bank, Central bank autonomy, Central bank credit, Central bank credit, Central bank grant, Central bank vis-à-vis, Central bank's independence, Credit, Current account, Europe, GDP ratio, Government, Government market interest rate, Independence, Inflation performance, Market rate, Members of the European Community, Monetary base, Monetary expansion, OP, Securities, West Africa

Publication Details

  • Pages:

    62

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Occasional Paper No. 1993/008

  • Stock No:

    S110EA0000000

  • ISBN:

    9781557753588

  • ISSN:

    0251-6365