Chapter 7 The Central Banking 美联储 得染的舞盘
Chapter 7 The Central Banking
71 origins of the central banks
7.1 origins of the central banks
7.1. 1 reasons of the production of central bank to unite the currency clearing the lender of last resort financial supervision
7.1.1 reasons of the production of central bank • to unite the currency • clearing • the lender of last resort • financial supervision
7.1.2 the origin and development of central banks Only since the beginning of the twentieth century has the importance of the central banking gained wide Recognition
7.1.2 the origin and development of central banks Only since the beginning of the twentieth century has the importance of the central banking gained wide Recognition
The Bank of Eng l and The bank of England, founded in 1694, was originally a private business and it was nationalized
The Bank of England The Bank of England, founded in 1694, was originally a private business and it was nationalized
Other early central banks the bank of france was established in 1800 the bank of netherlands was established in 1814 the bank of austria was established in 1817
Other early central banks the Bank of France was established in 1800. the Bank of Netherlands was established in 1814 the Bank of Austria was established in 1817
7. 1.3 later central banks The federal reserve system was created in 1913 谁将接替格林斯潘? 现任美联储主席 192+3月6重于日n 194年套绿学士学验 177年逊掌图士掌位 1971年-197射器区 前,有三人作为得科用的屠任人破入们场需 13,如遭人美联情工,当在命被 有针怎为径同洲金主理 生益大掌掌例生能, 0年玉70年糖任增济冈 围大学高学准授,因市养度用 正压吧
7.1.3 later central banks The Federal Reserve System was created in 1913
7.2 The role of central bank Although they are called banks, they are special banks
7.2 The Role of Central bank Although they are called banks, they are special banks. Why?
72. 1 nature of the central bank a central bank is so called because it occupies a central position in the monetary and banking structure of the country in which it operates
7.2.1 nature of the central bank A central bank is so called because it occupies a central position in the monetary and banking structure of the country in which it operates
7.2.2 characteristics of the central bank They are not primarily profit-seeking enterprises They are subject to close control and participation by national governments institutions rather than with the publc S with other banking They carry on most of their transaction
7.2.2 characteristics of the central bank •They are not primarily profit-seeking enterprises. • They are subject to close control and participation by national governments. •They carry on most of their transactions with other banking institutions rather than with the public
