Financial stability and the role of central banks

Authors

  • Carmen-Adriana Gheorghe Transilvania University of Brasov, Romania

Keywords:

financial stability, monetary stability, Central banks, the role of central banks

Abstract

The role of central banks in promoting monetary stability is well known. Modern central banking laws are usually explicit in making monetary stability the core objective of central banks. Also, other competing objectives are sometimes added to the central bank’s mandate, such as growth and full employment.

Author Biography

Carmen-Adriana Gheorghe, Transilvania University of Brasov, Romania

Department of Law

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Published

2011-12-22

Issue

Vol. 4(53) No. 2 (2011)

Section

LAW

License

Copyright (c) 2011 Bulletin of the Transilvania University of Braşov. Series VII: Social Sciences • Law

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.