POLICY OF THE CENTRAL BANK AND FINANCIAL SECURITY OF A STATE Cover Image

POLITYKA BANKU CENTRALNEGO A BEZPIECZEŃSTWO FINANSOWE PAŃSTWA
POLICY OF THE CENTRAL BANK AND FINANCIAL SECURITY OF A STATE

Author(s): Ireneusz Kraś
Subject(s): Economic policy
Published by: Uniwersytet Adama Mickiewicza
Keywords: central bank; financial security

Summary/Abstract: This article concerns functioning of the central bank in the financial safety net of the country. It is characterized by the concept of security, financial security and its objectives. The author then presents the central bank as the main entity of the financial security of the network by presenting its main activities. They are the subject of discussion in the following part of in this article. These include: the function of lender of last resort, the function of preventing destabilizing the financial system (banking supervision), attention to safety and efficiency of the payment system, conducting the information policy. The author refers to the experience of the ECB, the NBP, the Bank of Sweden and the Federal Bank of Germany related to the atcivities of the financial safety net of the country. In conclusion, the author states that the central bank should play an active role in the financial safety net of the country.

  • Issue Year: III/2013
  • Issue No: 1
  • Page Range: 185-200
  • Page Count: 16
  • Language: Polish