StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Central Banks and Monetary Policy - Research Paper Example

Comments (0) Cite this document
Summary
The main objective of this study is to discuss the five main objectives of central banks. It will also endeavor to evaluate the balance sheet of the central bank of United Arab Emirates (UAE) and thus explain how monetary base and money supply are generally determined…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.1% of users find it useful
Central Banks and Monetary Policy
Read TextPreview

Extract of sample "Central Banks and Monetary Policy"

Download file to see previous pages There are four main objectives of the central bank such as stable inflation, high and stable real growth, stable interest rates and stable exchange rates (Almoayed Group, 2007).  It will also address how the central bank monitors the money supply and the numerous tools of the monetary control will also be discussed in this study. The most significant part of this research paper is to study the association between price stability as well as other goals of the central bank. The behavior of the monetary aggregates, inflation as well as output in the context of UAE will also be discussed in a detailed way in this study. Last but not the least, the research study will endeavor to review the performance of the UAE central bank and discussion regarding interest rate as well as exchange rate stability in the UAE will be explained in brief. 1. Discuss briefly the five objectives of central banks. In their pursuit of maintaining price stability, central banks are said to manage the money supply process. The central bank in the United Arab Emirates (UAE) was set up in the year 1980 and is considered to be the chief regulatory as well as the supervisory body with regard to the overall banking industry. The central banks of the UAE are believed to exert increasingly stringent vigilance on the financial institutions. Apart from this, the main objectives of the central banks operating in the UAE region are principally concentrated on issuing currencies, suggesting the government regarding the monetary as well as the financial issues, acting as the last resort lender for the other member banks and likewise, it is held to be responsible for managing the supply of money in the market and ascertain the way an economy operates. The initial objective of the central banks have been identified as being the responsible authority is to set up and preserve financial stability within the economy or rather stable real growth. It is since central banks are known to possess quite inclusive information regarding the risks in terms of financial stability with the assistance of its research as well as surveillance activities. The second objective of the central banks has been stated as the exercise of its essential roles for promoting and monitoring the reliability of the various financial institutions, particularly the banks since they are known to enjoy regulatory as well as supervisory control over those institutions. The third main objective of the central banks is the application of their respective tools to make certain of the prevalence of price stability such as the functions related to the open market and the interest rates. The tools are regarded as the effectual instruments for the purpose of manipulating financial stability through the intermediary procedures along with manipulating the aspect of demand with regard to the economy (Almoayed Group, 2007). The fourth objective of the central banks is to discharge its role as the ‘lender of the last resort’. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Central Banks and Monetary Policy Research Paper”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1398725-central-banks-and-monetary-policy
(Central Banks and Monetary Policy Research Paper)
https://studentshare.org/macro-microeconomics/1398725-central-banks-and-monetary-policy.
“Central Banks and Monetary Policy Research Paper”, n.d. https://studentshare.org/macro-microeconomics/1398725-central-banks-and-monetary-policy.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Central Banks and Monetary Policy

General Electric Long Term Financing Policy

The tagline of the company is becoming “bringing good things to life” (“General Electric” n.d.).
Concerning the situation, in this paper, I would like to discuss three sections of General Electric issues. Section 1 is about the company’s long term financing; Section 2 is concerning risk management; and Section 3 is about a synergistic acquisition, which is suitable for General Electric.
In today’s business practices, investors or managements often face a dilemma. At one occasion, they need to develop their business in order to sustain growth but on the other hand they have limited budget to invest. Under such circumstances, a company should consider loan option or use their own money r...
12 Pages(3000 words)Case Study

The Largest Contributor to Adverse Climate Change - The Global Warming Policy in the US

The paper also hopes to analyze the various alternatives using the Rational Choice Model and to make a plausible recommendation based on the merit of the chosen alternative.
Global Warming policy is dictated and modified by a large number of factors like scientific consensus on causes and effects of Global Warming; public opinion; economic considerations and cost-benefit analysis of policy measures. Though there is a broad agreement on the existence of Global Warming, opinions vary as to its possible causes. The scientific consensus is that Global Warming is caused by Anthropogenic factors, though a small section of people attributes Global Warming to natural causes like the effects of the sun.

Similarly, there are...
12 Pages(3000 words)Term Paper

Has Bush Pursued a Realist Foreign Policy

This discussion will address what will define the entire Bush Presidency, not simply the foreign policy aspect; the illegal, immoral and unrealistic decision to invade Iraq.
The ‘War on Terrorism’ as it is commonly referred to, was a phrase coined by United States government officials and is primarily used to justify the military initiative de jour. It is generally defined as the current conflict between the U.S. and radical Islamic factions with Great Britain being somewhat allied in the effort (Gallington, 2004). Immediately following and as a reactionary response to the 11 September 2001 terrorist attacks on America, Bush stated the country’s intent to initiate a ‘War on Terrorism.’ He charact...
9 Pages(2250 words)Assignment

Putins Foreign Policy Changes during His First Presidential Term

Our world, since its ‘origination’ has been a ‘hotbed’ of activity. Activity in the sense, we humans have been showing activeness both mentally and physically, which have transformed our globe from a primitive one to an advanced one. The activities are normally carried out by humans, organizing or segregating themselves into different countries or nations. It is common knowledge that for a country to reach the top echelons, its leader has to be very capable and strong. That is, a capable and strong leader will only be able to provide a better life and future for his/her country and its citizens. From time immemorial, the success or failure of a country depends on the role, the leader plays. The leader is th...
82 Pages(20500 words)Dissertation

Has Austria Abided by the Austrian State Treaty and Its Neutrality Policy on Bosnia and Its Entry to the EU

With the evolution of humans and territories, new political setups or governance came into being with set rules and regulations, to rule cities, provinces or states and important countries. Most or some of those set rules and regulations to govern countries are brought out as a result of treaties. So, a treaty (an agreement officially signed by countries, international organizations, etc) allows certain actions and restricts certain other actions for the effective functioning of the countries. So, this paper will analyze whether Austria has abided by the Austrian State Treaty and its policy on neutrality while dealing with the conflict in Bosnia, and during its entry into the European Union and its aftermath.
In the post Seco...
6 Pages(1500 words)Term Paper

EU Telecommunications Policy

Although the policy conducted by the European Union in telecommunications involves a broad set of political objectives, the key motive underlying the majority of reforms in the sector is the liberalization of the telecommunications industry.  The role of the state in the European telecommunications sector has traditionally been immense because of the importance of telecommunications for internal and external security. The provision of facilities that ensure communication over long distances was reasonably perceived as an unalienable function of the state: some authors used to address this function as a key element in the ‘logistics of power’ of the state (Mann 1986). Consequently, the sphere of telecommunications...
10 Pages(2500 words)Term Paper

United States Foreign Policy from 1945-1991

American Presidents presiding over some key events in history, such as the Cuban Missile Crisis, The Cold War, The Vietnam War, etc., were hindered from acting as public representatives due to pressure from the military-industrial complex. John Kennedy, Lyndon Johnson, Ronald Reagan, George Herbert Walker Bush, and George W. Bush – all of them were subject to these opposing interests. But eventually, the corporate-government nexus proved too powerful; and in this sense, American Presidents after the Second World War were largely restricted and powerless to uphold their higher personal values. Most of the strategic moves on part of the United States after the end of the Great War were directly in response to an anticipated th...
11 Pages(2750 words)Essay

Indigenous Community Health in Central Queensland-Australia

Though present in many regions of Australia, New South Wales, and Queensland make up for the largest concentrations of the indigenous population. A larger percentage of this population inhabit rural and remote areas. The median age of this indigenous population is 21 years, which is much lower than the non-indigenous population at 37 years. High fertility rates and low life spans in the indigenous community are believed to be the cause of this disparity in median age. Unemployment and low earnings are characteristic differences in the indigenous population and the non-indigenous population. The unemployment rate of the indigenous population is threefold that of the non-indigenous population. The average weekly income of the indige...
6 Pages(1500 words)Coursework

Information Security Policy of Organization

In the modern age of information technology, there are many threats created for organizational information. Organizations need a security model that has the capability to handle and secure our information reserves. Technical administrative safety /security measures like security plans, actions and procedures are the general practices for the organizational information security procedures. The attentiveness of producing actions is concerned by the organizations to an appreciably smaller level, on the other hand at the same time these are weighed up as being further efficient organizational actions than technical administrative ones. Information security encompasses organizational features, officially authorized aspects, institution...
6 Pages(1500 words)Research Paper

Developing of the Central African Republic

CAR is known to be one of the poorest nations in the African continent, apart from its frequent dependence on international donations in terms of food, clothing and medicinal supplies, CAR has also been a war zone for decades. The essay will relay more information on the various plights that children born in the Central African Republic go through while growing up.
Apart from most of the children being orphaned at a tender age due to maternal related problems or diseases such as HIV/AIDS, which is rampant in the nation, most of these children are victims of child trafficking, which is big business in the CAR (Lindborg). Lots of children from as little as 4 years normally go missing without a trace and the fact that the govern...
7 Pages(1750 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Central Banks and Monetary Policy for FREE!

Contact Us