9 同濟大学 经济与管理学院 TONGJI UNIVERSITY SCHOOL OF ECONOMICS MANAGEMENT Chapter 7 Central Banks 耳耳回 日11111
Chapter 7 Central Banks
The Economics of Money and Banking Chapter 7 Central Banks >>>Agenda Overview of Central Banks ● ● ● Functions and Businesses of Central Banks ● ■ Financial Supervision by Central Banks ● 2 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 2 GUO YING SEM TONGJI UNIVERSITY Overview of Central Banks Functions and Businesses of Central Banks Financial Supervision by Central Banks Chapter 7 Central Banks Agenda
The Economics of Money and Banking Chapter 7 Central Banks 》》》 Reasons for Emergence of Central Banks 1 Establishment of central banks met the need of issuance of banknotes. Overview of Central Banks A unified organ was needed for a nation's note exchange and clearing. Commercial banks needed the"lender of the last resort". A unified and authoritative institution was needed to supervise and regulate the financial industry A unified organ was needed to meet the government financing needs 3 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 3 GUO YING SEM TONGJI UNIVERSITY 1 Reasons for Emergence of Central Banks A unified organ was needed for a nation’s note exchange and clearing. Overview of Central Banks Establishment of central banks met the need of issuance of banknotes. Chapter 7 Central Banks Commercial banks needed the “ lender of the last resort”. A unified and authoritative institution was needed to supervise and regulate the financial industry A unified organ was needed to meet the government financing needs
The Economics of Money and Banking Chapter 7 Central Banks >>Nature of Central Banks 2 Central banks are special financial institutions Central Banks Functions and Business of Particularity in position Particularity in business Particularity in management 4 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 4 GUO YING SEM TONGJI UNIVERSITY 2 Particularity in position Particularity in business Particularity in management Nature of Central Banks Central banks are special financial institutions Chapter 7 Central Banks Central Banks Functions and Business of
The Economics of Money and Banking Chapter 7 Central Banks >>Functions of Central Banks 2 A:Issuing Bank Central Banks Functions and Business of A central bank monopolizes the issuance of banknotes and is the only one to issue notes in a nation. ▣ A central bank,a supreme policy-making organ,plays a very important role in determining money supply. 5 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 5 GUO YING SEM TONGJI UNIVERSITY 2 A central bank monopolizes the issuance of banknotes and is the only one to issue notes in a nation. A central bank , a supreme policy-making organ, plays a very important role in determining money supply. Functions of Central Banks A: Issuing Bank Chapter 7 Central Banks Central Banks Functions and Business of