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  1. The Capital Needs of Central Banks

    Edited by Sue Milton, Peter Sinclair

    Series: Routledge International Studies in Money and Banking

    Central banks have evolved over many years, and sometimes centuries, as policy-making, not profit-making, institutions, and yet they are structured legally and financially like ‘for-profit’ companies of the twenty-first century. The question is what is an appropriate level of equity, or capital,...

    Published November 11th 2013 by Routledge

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