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  • 50 Years of Central Banking in Kenya

    50 Years of Central Banking in Kenya by Njoroge, Patrick; Murinde, Victor;

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    A termék adatai:

    • Kiadó OUP Oxford
    • Megjelenés dátuma 2021. április 1.

    • ISBN 9780198851820
    • Kötéstípus Keménykötés
    • Terjedelem510 oldal
    • Méret 240x160x35 mm
    • Súly 892 g
    • Nyelv angol
    • Illusztrációk 120
    • 150

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    Rövid leírás:

    Documenting important milestones in the epic journey traversed by the Central Bank of Kenya (CBK) over the last 50 years, 50 Years of Central Banking in Kenya puts into perspective the evolution of central banking globally and within the East African region, and contemplates future prospects and challenges.

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    Hosszú leírás:

    Documenting important milestones in the epic journey traversed by the Central Bank of Kenya (CBK) over the last 50 years, 50 Years of Central Banking in Kenya puts into perspective the evolution of central banking globally and within the East African region, and contemplates future prospects and challenges.

    The volume is timely, mainly because within the last 50 years the global financial landscape has shifted. Central bankers have expanded their mandates, beyond the singular focus on inflation, and consider economic growth as their other important objective. Bank regulation has moved from Basel I, to Basel II, and some countries have fully migrated to Basel III while some are still at the cross-roads.

    50 Years of Central Banking in Kenya captures the wide-ranging discussions on central banking, from a symposium to celebrate the 50 year anniversary on 13 September 2016 in Nairobi. The participants at the symposium included current and former central bank governors from Kenya and the East Africa region, high level officials from multilateral financial institutions, policy makers, executives of commercial banks in Kenya, private sector practitioners, civil society agents, executives and researchers from think tanks based in Kenya and the Africa region, leading academics in banking and finance, and university students.

    Beyond the symposium, the volume highlights the evolution of specific functions of CBK over the last 50 years (such as monetary policy, bank regulation, and payments system), as well as developments in Kenya's financial system which strongly relate to the functionality of CBK, such as financial innovation, the evolution of financial markets, and non-bank financial institutions in Kenya.

    Njoroge and Murinde have edited a brilliant volume, with contributions from leading researchers and eminent personalities in banking and finance, altogether providing authoritative coverage of the evolution of central banking and the financial system in Kenya, including financial innovation and rare insights into monetary policy and bank regulation. For policy makers and practitioners interested in understanding the evolution of central banking and how this intrinsically shapes the development of the financial system, this book is a must read.

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    Tartalomjegyzék:

    Introduction
    Part 1: Central Banking - Global and Regional Perspectives
    The Future of Central Banking
    Reflections on Central Banking
    Central Bank Independence: What are the Key Issues?
    Evolution of Central Banking: Some Observations
    Financial Stability and Bank Supervision in the 21st Century
    Financial Innovation and Financial Inclusion - Insights from a Practitioner
    Do Central Banks Have a Role in Financial Inclusion?
    Central Banking and Financial Inclusion: Some Key Issues
    Mobile Money
    East Africa Monetary Union -What Lies Ahead?
    Part 2: The Central Bank of Kenya
    The Early Days of the Central Bank of Kenya
    Central Banking in Kenya - Evolution, Challenges, and Future Prospects
    Dynamics of Monetary Policy in Kenya
    Evolution of the Financial Sector in Kenya
    Powering Financial Inclusion through Innovative Payment Systems
    Development of the Government Securities Market in Kenya
    The Structure of the Interbank Market in Kenya: Prospects and Challenges

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