Risks and threats of the functioning of central bank

О. І. Baranovskyi

Abstract


Reviewed the effect of risks on the central banks’ activity as such, as well as the risks caused by the inefficiency of the central banks’ activity, on the operation of commercial banks, non-bank financial institutions and enterprises of the real sector of the economy, livelihood of the population and the state as a whole. Was detected the threats to functioning of central banks. This article analyzes the views of scientists on the evolution of the banking system and financial markets. The role and importance of lender of last resort in the regulation of the banking sector in terms of different concepts. Also, the analysis tools to regulate the money market and the banking system in particular. Based on the analysis of the international experience and a way out of the crisis the European Central Bank offered appropriate tools.

Keywords


central bank; creditor of last resort; interest policy; risk; threat

References


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DOI: https://doi.org/10.18371/fcaptp.v1i16.27656

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