Central banking in Malaysia : a study of the development of the financial system and monetary management / Lee Hock Lock
Digitised Book 216.73.216.10 (0)
1987
Information About
A comprehensive study on central banking in Malaysia, this book traces the origins of the establishment of Bank Negara Malaysia, and examines its objectives and functions, as well as its impact on the banking and financial system in the country. It also examines the policies and actions of the central bank and its powerful influence on Malaysian monetary developments and public policies.
Additional Details
- Title
- Central banking in Malaysia : a study of the development of the financial system and monetary management / Lee Hock Lock
- Creators
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- Lee, Hock Lock
- Subject
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- Publisher
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- Butterworths, 1987
- National Library Board Singapore, 1987
- Digital Description
- application/pdf, xv, 504 p.
- Table of Contents
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- Preface -- Tables -- ch. 1. Origin and historical development. 1.1 Introduction. 1.2 Recommendations of the World Bank Mission 1954. 1.3 Recommendations of the Watson-Caine Report. 1.4 Debate on the establishment of a Central Bank. 1.5 The Central Bank of Malaya as finally conceived. -- ch. 2. Objectives and functions. 2.1 Introduction. 2.2 Issuing currency and safeguarding the value of the currency. 2.3 As the government's financial adviser, banker and agent. 2.4 Promoting monetary stability. 2.5 Promoting a sound financial structure. 2.6 Influencing the credit situation -- ch. 3. Powers over commercial banks. 3.1 Introduction. 3.2 Control of bank credit. 3.3 Developing and strengthening banking facilities. 3.4 Protecting depositors' interests -- ch.4. Powers over finance companies, merchant banks, Islamic banks and other deposittakers. 4.1 Introduction. 4.2 Finance companies. 4.3 Merchant banks. 4.4 Islamic banks. 4.5 Other deposit-takers -- ch. 5. Issue of currency. 5.1 Introduction. 5.2 Currency arrangement on establishment of the Central Bank. 5.3 Assessment of the Currency Board System of issuing currency. 5.4 Transitional currency arrangement. 5.5 Efforts to work out a common currency and banking arrangement with Singapore. 5.6 Issue of currency by the Central Bank and efforts to adjust to a separate currency. 5.7 The Central Bank and external value of the Malaysian currency. -- ch. 6. Monetary policy - regulating the quantity of credit. 6.1 Introduction. 6.2 The preparatory phase of monetary policy (1959-68). 6.3 The active phase of monetary policy (1969 and after)-- ch.7. Monetary policy - regulating the direction of credit. 7.1 Introduction. 7.2 Raising and maximizing the domestic utilization of resources mobilized. 7.3 Directing resources towards the financing of public sector expenditures. 7.4 Directing resources towards the financing of certain activities and groups in the private sector -- ch. 8. Other policies - developing an adequate and healthy system of commercial banks. 8.1 Introduction. 8.2 Developing indigenous banking. 8.3 Expanding the network of banking offices. 8.4 Arrangements, institutions and instruments to enhance effective operation of banking system. 8.5 Ensuring a strong banking system -- ch. 9. Other policies - developing an adequate and strong system of other financial institutions and markets. 9.1 Introduction. 9.2 Finance companies. 9.3 Merchant banks. 9.4 Islamic banks. 9.5 Money market. 9.6 Capital market. 9.7 Foreign exchange market -- Appendix I. List of finance companies as at end of 1985. Appendix II. List of merchant banks as at end of 1985 -- ch. 10. Relationship with the government. 10.1 Introduction. 10.2 Responsibilities of Central Bank in public policies. 10.3 As adviser to the government. 10.4 As a major source of funds. 10.5 Provision of financial services to the government. 10.6 Performing certain functions on behalf of the government -- Select bibliography -- Index.
- Copyright
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- All Rights Reserved. National Library Board Singapore 2009.