Role of Central Bank Independence in Banking and Financial Stability Ensuring

Dudchenko, Viktoriia Yuriivna

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Title	Role of Central Bank Independence in Banking and Financial Stability Ensuring
Authors	Dudchenko, Viktoriia Yuriivna
ORCID	http://orcid.org/0000-0002-0054-8362
Keywords	центральний банк центральный банк central bank независимость незалежність independence банківська стабільність банковская стабильность banking stability фінансова стабільність финансовая стабильность financial stability непрацюючі позики неработающие ссуды non-performing loans розвинуті країни развитые страны developed countries
Type	Article
Date of Issue	2020
URI	https://essuir.sumdu.edu.ua/handle/123456789/79286
Publisher	Sumy State University
License	In Copyright
Citation	Dudchenko, V. (2020). Role of Central Bank Independence in Banking and Financial Stability Ensuring. Financial Markets, Institutions and Risks, 4(2), 115-121. https://doi.org/10.21272/fmir.4(2).115-121.2020.
Abstract	This paper is devoted to defining the role of the central bank in ensuring banking and financial stability. The main purpose of the study is to assess the direction and strength of the impact of central bank independence in terms of its individual aspects on the parameters of banking and financial stability for different groups of countries. Systematization of literature sources and the results of existing empirical research has shown that the expected effects of increasing the independence of the central bank are to improve banking and financial stability.
Appears in Collections:	Financial Markets, Institutions and Risks (FMIR)