000			09226nam a22004333i 4500
001			EBC6874848
003			MiAaPQ
005			20240122001520.0
006			m o d |
007			cr cnu||||||||
008			231124s2022 xx o ||||0 eng d
020			_a9789811668272 _q(electronic bk.)
020			_z9789811668265
035			_a(MiAaPQ)EBC6874848
035			_a(Au-PeEL)EBL6874848
035			_a(OCoLC)1298388871
040			_aMiAaPQ _beng _erda _epn _cMiAaPQ _dMiAaPQ
050		4	_aHB172.5
100	1		_aWarjiyo, Perry.
245	1	0	_aCentral Bank Policy Mix : _bHandbook of Central Banking Studies.
250			_a1st ed.
264		1	_aSingapore : _bSpringer Singapore Pte. Limited, _c2022.
264		4	_c�2022.
300			_a1 online resource (286 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
505	0		_aIntro -- The Governor Remarks -- Foreword from Deputy Governor -- Acknowledgements -- Contents -- Contributors -- List of Figures -- List of Tables -- Part I New Paradigm of Central Bank Policy Mix -- 1 Central Bank Policy Mix: Key Concepts and Indonesia's Experience -- Introduction -- What Has the Global Financial Crisis (GFC) Taught Us? -- A Post-GFC Paradigm of Central Bank Policy Mix -- Bank Indonesia's Policy Mix -- What's Next: Dealing with Diminishing Globalisastion and Rising Digitalization -- Closing -- References -- 2 Central Bank Policy Mix: Issues, Challenges, and Policy Responses -- Introduction -- Financial Crisis and Central Bank Policy Challenges -- From ITF to Policy Mix -- Salient Policy Responses: Pro-stability and Pro-growth -- Challenges Ahead -- Closing -- References -- Part II Monetary Theory and Policy -- 3 Monetary Policy Framework -- Introduction -- Concept of Monetary Policy -- Monetary Policy Framework -- Inflation Targeting as a Framework for Monetary Policy -- Closing Notes -- References -- 4 Exchange Rate Policy and Capital Flow Management -- Introduction -- Conceptual and Empirical Dimensions -- Practice of Capital Flow Management -- Several Empirical Issues on Monetary Policy Trilemma -- Closing Notes -- References -- 5 Financial Stability and Systemic Risk -- Introduction -- Understanding the Financial System -- The Anatomy of Systemic Risk -- Interconnectedness, Too Big to Fail and Common Risk Factor -- Procyclicality and Countercyclical Policy -- Materialization and Analysis of Systemic Risk -- Materialization of Systemic Risk -- Monitoring and Analysis of Systemic Risk -- Closing -- References -- Part III Financial Stability and Macroprudential Policy -- 6 Macroprudential Policy and Institutional Arrangement -- Introduction -- The Role of Macroprudential Policy in Maintaining Financial System Stability.
505	8		_aInstitutional Arrangements -- Navigating the Financial System's New Landscape -- Closing -- References -- 7 The Linkage Between Monetary and Financial Stability: Some Policy Perspectives -- Preview of Monetary Stability and the Financial Stability Nexus -- Financial Sector Behaviour and Monetary Policy Effectiveness -- Integration of the Monetary and Financial System Stability Framework -- Policy Instrument Mix as a Key Strategy -- The Objectives -- Policy Mix Variations -- Technical Aspects of Implementation -- Conclusion and Implications -- Adjustment of Mandate and Its Consequences on Policy Governance -- Mandate for the Implementation of Macroprudential and Microprudential Policies -- References -- Part IV Country Experience and Empirical Study -- 8 Bank Indonesia Policy Mix -- Introduction -- Policy Context -- Global -- Domestic -- Policy Challenges and Discussion -- Policy Challenges -- Policy Discussion: Managing Capital Flows -- Monetary Policy Versus Macroprudential Policy -- Policy Discussion -- Policy Response -- Bank Indonesia Policy Mix -- Optimal Policy Response -- Structural Reform: Promoting FDI -- Conclusion -- References -- 9 Central Bank of the Republic of Turkey Policy Mix -- Introduction -- Some Lessons Learned Since the GFC -- Post-crisis Dynamics and Spillovers to the EMES -- A Self-feeding Cycle Amplifies the Effects of Capital Inflows -- Policy Trade-Off Under Standard Inflation Targeting -- Turkey's Policy Mix Experience -- Inflation in Turkey: 2001-2018 -- Monetary Policy Framework -- Financial Stability Committee (FSC): A Significant Step for a Formal Institutional Framework for MaP -- Broad Objectives of Macroprudential Policy -- What Was Achieved? -- Recent Developments in Turkey -- Reversal of the Global Financial Cycle -- Reversal of the Global Financial Cycle and Gradual Normalization of Monetary Policy.
505	8		_aMacroprudential Measures -- Concluding Remarks -- Empirical Study -- Why Turkey? -- Global Liquidity and the Impairment of Local Monetary Policy Transmission -- Reserve Requirements, Liquidity Risk and Bank Lending Behavior -- Liquidity Channel: Reserve Requirements and Funding from CBRT -- Foreign Currency Risk, Systemic Externalities and Real Effects -- References -- 10 Reserve Bank of India Policy Mix -- Introduction -- Issue 1: Growth Versus Inflation -- Monetary Policy Framework: Recent Experience of Flexible Inflation Targeting (FIT) -- Why Did RBI Shift to FIT? -- Outcomes Under FIT -- Monetary Policy Operating Procedure -- Issue II: Interaction Between Monetary Policy and External Sector -- Liquidity Management -- Direct Investment and Portfolio Investment -- Equity and Debt Flows -- Exchange Rate Movement -- Drivers of Liquidity Management -- Issue III: Liquidity Management Versus Nonbanking Sector -- Issue IV: Monetary Policy Versus Fiscal Policy -- Government Market Borrowing -- Transmission -- Issue V: Surplus Transfer to the Government -- Relevance of Capital for Central Banks -- Special Issue: Asset Quality of Indian Banking System -- Asset Quality Review (AQR) -- Regulatory Steps -- Restructuring -- Prompt Corrective Action (PCA) -- Central Repository of Information on Large Credits (CRILC) -- Functionalities in CRILC -- The Insolvency and Bankruptcy Code 2016 -- Outlook: India in the World Economy -- Macroprudential Regulations -- Part V Case Study on Central Bank Policy Mix -- 11 Policy Mix Case Development -- Introduction -- Learning Objectives -- Target Audience -- Key Issues -- Case Description -- Identification of the Case -- Supporting Evidence and Policy Issues -- Activities -- Case Questions and Policy Exercises -- Base Line Policy Exercises -- Exercises with a Menu of Monetary and Macroprudential Policy Mix.
505	8		_aGuide for Policy Exercise -- The Model Structure and Feedback-Loop Mechanism -- References -- 12 Policy Mix Case Discussion -- Introduction -- Group 1 -- Group 2 -- Group 3 -- Group 4 -- Baseline Scenario: No Feedback Loop-No Shocks (2) -- Baseline Exercise 1: No Feedback Loop-No Shocks (3) -- Baseline Exercise 2: Feedback Loop-Shocks (1) -- Policy Mix Exercise-No Feedback Loop (Near Term) -- Policy Mix Exercise-Feedback Loop (Long Term) -- Policy Mix Exercise -- Group 5 -- Baseline Exercise 1: No Feedback Loop-No Shocks -- Baseline Exercise 2-With Feedback Loop and Shocks -- Group 6 -- How Close Are Monetary Stability and Financial Stability? -- Baseline Policy with No Feedback Loop and No Shocks -- Baseline Policy with Feedback Loop and Shocks -- References -- 13 Central Banking Practices in the Digital Era: Salient Challenges, Lessons, and Implications -- Introduction -- Digital Transformation: Challenges and Opportunities in the New Era -- New Realities and Lessons Learned -- Conclusion and Implications -- References -- Correction to: Central Bank Policy Mix: Issues, Challenges, and Policy Responses -- Correction to: P. Warjiyo and S. M. Juhro (eds.), Central Bank Policy Mix: Issues, Challenges, and Policy Responses, https://doi.org/10.1007/978-981-16-6827-2 -- Bibliography -- Index.
588			_aDescription based on publisher supplied metadata and other sources.
590			_aElectronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2023. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
655		4	_aElectronic books.
700	1		_aJuhro, Solikin M.
776	0	8	_iPrint version: _aWarjiyo, Perry _tCentral Bank Policy Mix: Issues, Challenges, and Policy Responses _dSingapore : Springer Singapore Pte. Limited,c2022 _z9789811668265
797	2		_aProQuest (Firm)
856	4	0	_uhttps://ebookcentral.proquest.com/lib/bacm-ebooks/detail.action?docID=6874848 _zClick to View
999			_c309046 _d309046