Monetary and Fiscal Achievements of Bank of England since Independence in 1997

Language: English

Published by GRIN Verlag Feb 2020, 2020

3346080234 / 9783346080233

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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.

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This item is printed on demand - it takes 3-4 days longer - Neuware -Essay from the year 2019 in the subject Business economics - Economic Policy, grade: 90.00, , language: English, abstract: The Bank of England gained operational independence in 1997 (Taaffe, 2017). It functions as the central bank for the United Kingdom. The bank started operations in 1694 as a private institution with the power to raise money for the government through the issuance of bonds. It then accepted deposits like other commercial banks. BoE was first issued with the monopoly of issuing banknotes in England and Wales in 1844. It was then nationalized in 1946 after World War II. In 1997, the functions of monetary policy were relinquished by the government to BoE (King, 2017). Like any other central bank, it has wide range of responsibilities. Since its independence, the bank functions as the lender of the last resort, the United Kingdom's bank, issue currencies, and formulate monetary policy. It also makes policies during periods of economic downturns and increased uncertainty. 16 pp. Englisch.…

Seller Inventory # 9783346080233

Title
Monetary and Fiscal Achievements of Bank of England since Independence in 1997
Author
George Kariuki
Publisher
GRIN Verlag Feb 2020
Publication year
2020
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3346080234
ISBN 13
9783346080233
Item weight
40 grams
Dimensions
210x148x2 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Germany

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AbeBooks seller since January 11, 2012

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BuchWeltWeit Ludwig Meier e.K.

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