Central banking in Africa: prospects in a changing world

Bank for International Settlements

No 56 in BIS Papers from Bank for International Settlements

Abstract: Governors and senior officials representing some two dozen central banks from Africa and other regions of the world met at the BIS in May 2011 to discuss the monetary policy and financial stability issues facing Africa after the global financial crisis. This volume brings together the background papers prepared for that meeting. The papers cover four broad areas where the crisis could have had potentially the largest impact on central banking in Africa: (i) financial access; (ii) governance arrangements for financial stability; (iii) changes in monetary policy transmission mechanisms; and (iv) capital flows, commodity prices and exchange rates. An overview chapter summarises the main points raised in the discussions and in the background papers. A special feature of the volume are the opening remarks on financial inclusion and the regulation of microfinance, followed by a transcript of the question and answer session with Professor Muhammad Yunus, the 2006 Nobel Peace Prize laureate.

Date: 2011 Written 2011-09
ISBN: 92-9131-906-6
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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http://www.bis.org/publ/bppdf/bispap56.pdf Full PDF document (application/pdf)
http://www.bis.org/publ/bppdf/bispap56.htm (text/html)

Chapters in this book:

Central banking in Africa: prospects in a changing world , pp 1-5

Jaime Caruana

Opening remarks: financial inclusion and the regulation of microfinance , pp 7-9

Muhammad Yunus

Financial access: what has the crisis changed? , pp 11-20

Penelope Hawkins

Central bank governance and financial stability: issues of potential relevance to Africa , pp 21-36

Serge Jeanneau

Have monetary transmission mechanisms in Africa changegd? , pp 37-61

Benedicte Vibe Christensen

Capital flows, commodity price movements and foreign exchange intervention , pp 63-80

Logan Rangasamy and Dubravko Mihaljek

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Persistent link: https://EconPapers.repec.org/RePEc:bis:bisbps:56

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