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Private central banks
https://doi.org/10.32609/0042-8736-2017-7-24-41
Abstract
All the first central banks were established in the form of private joint-stock companies. After World War II the majority of them were nationalized. However the small group of central banks continues to remain in private property. Though their financial activities do not differ from other central banks, private property has an essential influence on corporate governance.
Keywords
central bank,
private property,
nationalization,
corporate governance,
shareholders,
monetary policy
JEL: E42; E58; F30; G38; N20
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Review
For citations:
Moiseev S. Private central banks. Voprosy Ekonomiki. 2017;(7):24-41. (In Russ.) https://doi.org/10.32609/0042-8736-2017-7-24-41
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