Concept information
...
business and management
international business
international finance
international monetary system
Preferred term
central banks
Definition
- Modern central banks are public, nonprofit, economic, and political institutions, with special functions derived from their command over monetary resources. They shape monetary policy, have a strong influence on exchange rates, and are the guardians of financial stability. [Source: International Encyclopedia of Political Science; Central Banks]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/central_banks
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}