THE ROLE OF CENTRAL BANKS IN FACILITATING TRADE & INVESTMENT

Authors

  • W. A. WIJEWARDENA W. A. WIJEWARDENA

Abstract

A unique feature that can be observed in the statutes creating central banks has been the restriction, or sometimes the total prohibition, imposed on them in getting directly involved in economic activities. This restriction has stemmed from another unique feature inherent with central banks: the power to acquire assets by raising their liabilities at will.

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Published

2006-07-01

Issue

Vol. 2 No. 2 (2006): Market Forces Research Journal Volume 2 No 2

Section

Articles

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