http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
1 online resource (xxiv, 485 pages) : illustrations, maps, charts
“This book documents important milestones in the epic journey traversed by the Central Bank of Kenya over the last 50 years, putting into perspective the evolution of central banking globally and within the East African region, and contemplating future prospects and challenges. The book is timely, mainly because the global financial landscape has shifted. Central bankers have expanded their mandates, beyond the singular focus on inflation and consider economic growth as their other important objective. Financial crises have continued to disrupt the functioning of financial institutions and markets, the most devastating episodes being the global financial crisis, which broke out in 2008 and from which the global financial system has not fully recovered, and the unprecedented challenges posed by the global coronavirus pandemic. Bank regulation has moved from Basel I, to Basel II, and somehow migrated to Basel III, although some countries are still at the crossroads. The book originated from the wide-ranging discussions on central banking, from a symposium to celebrate the 50 year anniversary on 13 September 2016 in Nairobi. The participants at the symposium included current and former central bank governors from Kenya and the Eastern Africa region, high-level officials from multilateral financial institutions, policy-makers, bank executives, civil society actors, researchers and students. The book is an invaluable resource for policy-makers, practitioners, and researchers, on how monetary policy and financial practices in vogue today in Kenya have evolved through time and worked very well, but also about some pitfalls”--Publisher's description.
Monetary policy and the future of central banking: implications for Africa / Mitsuhiro Furusawa -- Reflections on central banking / Patrick Njoroge, Victor Murinde -- Central bank independence: what are the key issues? / Patrick Njoroge, Désiré Kanga, Victor Murinde -- Evolution of central banking: some observations / Federica Branca, Ixart Miquel-Flores, Francesco Paolo Mongelli -- Financial stability and bank supervision in the twenty-first century / Babak Abbaszadeh -- Financial innovation and financial inclusion: insights from a practitioner / Bob Collymore -- Do central banks have a role in financial inclusion? / David Ferrand, Ignacio Mas -- Central banking and financial inclusion: some key issues / John Rwangombwa -- Mobile money / Tavneet Suri -- East African Monetary Union: what lies ahead? / Louis A. Kasekende -- The early days of the Central Bank of Kenya / Mahesh Gheewala -- Central banking in Kenya: evolution, challenges, and future prospects / Maureen Were, Charles Koori, Julius Bett -- Dynamics of monetary policy in Kenya / Esman Nyamongo, Isaya Maana, Anne Kamau -- Evolution of the financial sector in Kenya / Cappitus Chironga, Matu Mugo, Daniel Tallam -- Powering financial inclusion through innovative payment systems / Matu Mugo, Kilonzo Evelyne, Anne W. Mariga -- Development of the government securities market in Kenya / Leonard Thotho, Caroline Wanjiku, Daniel Amanja -- The structure of the interbank market in Kenya: prospects and challenges / Lydia Ndirangu, Kethi Ngoka-Kisinguh, Esther Kariuki.
edired by Patrick Njoroge and Victor Murinde.
Includes bibliographical references and indexes.