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This book, edited by J.B. Zulu, Ian S. McCarthy, Susana Almuiña, and Gabriel Sensenbrenner, presents the proceedings of the special Joint Meetings on Central Banking Technical Assistance held in St. Petersburg, Russia in 1994, and provides detailed information on important issues in central banking, including a comparative sample of 31 countries. The arrangements concerning such issues as the size and composition of the policymaking board, the role of the central bank in monetary and exchange rate policy, resolution of conflict between the central bank and the government, public accountability, relations with the markets, and credit to the government are reviewed.
The Georgian financial system is small by international standards and by comparison with countries in the region. The vulnerabilities and policy challenges in the Georgian financial system are closely linked to the transitional stage of the economy. The legal framework governing the financial sector needs improvement. The assessment of compliance with the Basel Core Principles (BCP) for Effective Banking Supervision (EBS) found that while substantial advances in bank supervision have occurred during the past two to three years, there are several areas in need of improvement.
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Edited by V. Sundararajan, Peter Dattels, and Hans Blommestein, this volume outlines strategies for managing public debt, developing government securities markets, and coordinating those activities with monetary management through legal, administrative, and operational arrangements. Both transition and market economies are surveyed. The analysis draws partly on the literature on the microstructure of markets and auction systems and on selected country experiences.
This paper examines the experience of implementing indirect instruments of monetary policy. The experiences of country studies illustrate the variety of circumstances under which indirect instruments of monetary policy have been introduced. Case Studies are presented for Chile, Egypt, Ghana, Indonesia, Mexico, New Zealand, and Poland.
The works of Cormac McCarthy have been critically studied as literature of the South and of the Border Southwest. Largely ignored is the omnipresence and presentation of animals in McCarthy's works. Yet the abundant representations of animals depict a part of the ceaseless battle for survival that is inherent in many of his writings. McCarthy's animals exist within the framework of a fictional natural world driven by biological determinism: Wild animals prey upon feral and domestic animals, horses exist as warriors, and the hunt is a ballet between man and hunting hound. Proximity to humans results in mistreatment and death, while distance results in survival and fitness. McCarthy also utili...
Directory of foreign diplomatic officers in Washington.
Maj. William Macnaughton of the Canadian army and Maj. John Bowles of O.S.S. lead a team into occupied Yugoslavia. Captured on Christmas 1944, the team's enlisted men are mercilessly beheaded while Bowles and Macnaughton are held as bargaining chips in case Germany loses the war. Tortured by the SS, and then liberated at the end of the war--Bowles and Macnaughton hunt for their captors across four continents to bring them to justice. The book delves into how the United States actually helped some Nazi war criminals escape, including the Nazi who helped put Neil Armstrong on the moon even though he had killed a bunch of GIs in an underground V-2 factory because one of them allegedly stole a l...
The White Paper, 'Delivering a sustainable railway' (Cm. 7176, ISBN 9780101717625) published on July 2007 and set the Government's general vision for the railways for the next thirty years. Network Rail's engineering overruns at New Year 2008 caused tremendous inconvenience to passengers across the country and inevitably shaped the Committee's oral evidence sessions. The Committee's investigation, along with analyses from the Office of Rail Regulation (ORR) have led them to believe that the engineering overruns are symptonatic of crucial system flaws which have to be resolved if there is to be any hope of getting a sustainable railway, as promised in the White Paper. This report covers both subjects