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Author
Karwowski Jacek
Title
Cele banku centralnego
The Goals the Central Bank
Source
Prace Naukowe Akademii Ekonomicznej we Wrocławiu. Finanse i Bankowość (4), 1998, nr 775, s. 26-32
Keyword
Banki centralne, Rola banku centralnego w gospodarce, Strategia banku centralnego, Polityka stabilizacyjna, Polityka pieniężna
Central banks, Central bank's role in the economy, Central bank strategy, Stabilisation policy, Monetary policy
Note
summ.
Abstract
Autor przedstawia podstawowe cele do jakich dążą banki centralne. Są to: utrzymanie wewnętrznej i zewnętrznej wartości waluty krajowej, zapewnienie zdrowego i stabilnego systemu finansowego oraz wspieranie efektywności i konkurencyjności narodowego systemu finansowego poddanego konkurencji zagranicznej. Stabilność cen wydaje się być kluczowym celem banków centralnych, która prowadzi do rozwoju gospodarczego państwa.

This paper presents the main goals (as well as less important ones) of the contemporary central bank. First of all, stabilizing of the internal and external value of the currency is discussed. The author gives some evidence how this goal may be understood in several countries. In addition, supporting the effectiveness of the financial system may be considered as a central bank's goal. Some others, like reducing unemployment, fixing exchange rate, financing budget deficits, are less popular, at least officially. The author concludes that the low inflation should be main goal of the central bank for many reasons; mainly because this institution is responsible for the monetary policy, and inflation seems to be a monetary phenomenom. (original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
Bibliography
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  1. Bernanke B., Mishkin F.: Central Bank Behavior and the Strategy of Monetary Policy: Observations from Six Industrialized Countries. NBER, Cambridge 1992, s. 5.
  2. Corrigan E.Q.: The Trilogy of Central Banking in a Contemporary Setting. Federal Reserve Bank of New York. Annual Report for the Year Ended December 31, 1992, s. 5-13.
  3. Fischer A.M., Zurlinden M.: Geldpolitik mit formallen Inflationszielen: eine Übersicht. Quartalsheft, Schweizerische Nationalbank 1994 nr 1, s. 69.
  4. Fraser B.W.: Some Aspects of Monetary Policy. "Reserve Bank of Australia Bulletin", April 1993, s. 1-7.
  5. Gunnarsson B.Í.: Address by Governor Birgir tsleifur Gunnarsson. Chairman of the Board of Governors of the Central Bank of Iceland, at the Annual Meeting of the Bank, April 24. Sedlabanki Islands, Reykjavik, s. 3.
  6. MacFarlane I.J.: Two Propositions Concerning Monetary Policy and the Business Cycle. "Reserve Bank of Australia Bulletin", April 1993, s. 4.
Cited by
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ISSN
0324-8445
1426-1278
Language
pol
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