Building Credible Central Banks

A credible central bank can effectively lead the process of financial sector reform in a developing country. This book discusses central banking issues and offers a clear path to building credible central banks in emerging economies.

'Dr. Noël K. Tshiani's book should be required reading for students of central banking everywhere, for staff members of central banks and ministers of finance and their staff, as well as for legislators, especially in developing countries afflicted by high inflation and collapsing currencies'

• Sir Courtney N. Blackman, Ph.D. Founding Governor of the Central Bank of Barbados, Former Ambassador to the USA and the Organization of American States, Author of books Central Banking in Theory and Practice, in 1995; and The Practice of Economic Management, in 2006.

'Dr. Tshiani presents a well reasoned case for balancing the independence of central banks against public accountability...a model for countries with emerging economies and a reminder to those with mature financial systems.'

• Mark B. Weinberg, JD Attorney at Law& Partner Weinberg& Jacobs, LLP

Autorentext
Noël K. Tshiani is a World Bank Country Manager. He has been a World Bank professional staff for the last sixteen years. During a year of sabbatical in 2007, he served as President of Companie Financière d'Investissement et du Crédit, LLC. Prior to this position, he worked for the World Bank as a senior task team leader, and served as World Bank Resident Representative in Chad from 2004 to 2006. He had previously been an international lending officer with Citibank and JPM Chase for eight years. Dr. Tshiani completed the New Managers Leadership Program at the Graduate Business School at Harvard University in Boston-Massachusetts, and holds a Doctorate in Economics with specialization in Banking and Finance from Université de Paris IX- Dauphine in France, a Master's Degree in Business Administration (MBA) with concentration in Banking and Financial Markets from Adephi University in New York, and a Master's Degree in Economics from Université de Liège in Belgium. He is the author of the 2008 book Vision pour une Monnaie Forte: Plaidoyer pour une nouvelle politique monétaire au Congo.

Inhalt
Is There an Ideal Set-up for a Central Bank? Central Bank Independence and Accountability: A Trade Off A Practical Perspective on the New Monetary Policy Agenda Building a Credible Central Bank in an Emerging Democracy Strategic Vision for the Financial Sector A Strategic Agenda for the Currency Leadership in Managing Changes in Central Banks