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Titlebook: Challenges at the Bank for International Settlements; An Economist‘s (Re)V Elmar B. Koch Book 2007 Springer-Verlag Berlin Heidelberg 2007 B

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The monetary policy transmission mechanism in Russia,ng tide by limiting the creation of new banks through a progressive tightening of entry requirements, liquidating or restructuring banks or placing CBR officials at the helm of those in distress as well as exercising the new regulatory and supervisory powers invested in it in the spring of 1996. The
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,Exchange rates and monetary policy in central Europe – a survey of some issues,entral European countries. This paper attempts to provide some discussion input concerning the recently introduced changes in the domain of exchange rate policy in three central European countries (the Czech Republic, Poland and Hungary), with particular reference to how they relate to the conduct o
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Capital flows in eastern Europe: some lessons from the emerging markets in Latin America and Asia,ion has occurred somewhat later than that of flows into Asia and Latin America. Although events are still unfolding at the time of writing, it may be useful to take a look at emerging capital flow trends in central Europe in the light of the experiences in Latin America and Asia. Section 1 briefly r
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Capital flows in eastern Europe: some lessons from the emerging markets in Latin America and Asia,sues are then addressed in Sect. 5: the effect of inflows on monetary policy (including the issue of sterilisation); whether inflows reflect excessive domestic consumption rather than investment (including the relationship with fiscal policy); and, finally, how far foreign direct investment has been
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Book 2007 too easy to forget what was yesterday’s central ques- on. This volume constitutes a kind of reintroduction to old friends, and that is always a pleasure. The papers in this volume are grouped into four time periods, during each of which Elmar had been given different responsibilities. The in- resti
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