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50 Years of Central Banking in Kenya (Hardcover)
Loot Price: R3,560
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50 Years of Central Banking in Kenya (Hardcover)
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Documenting important milestones in the epic journey traversed by
the Central Bank of Kenya (CBK) over the last 50 years, 50 Years of
Central Banking in Kenya puts into perspective the evolution of
central banking globally and within the East African region, and
contemplates future prospects and challenges. The volume is timely,
mainly because within the last 50 years the global financial
landscape has shifted. Central bankers have expanded their
mandates, beyond the singular focus on inflation, and consider
economic growth as their other important objective. Bank regulation
has moved from Basel I, to Basel II, and some countries have fully
migrated to Basel III while some are still at the cross-roads. 50
Years of Central Banking in Kenya captures the wide-ranging
discussions on central banking, from a symposium to celebrate the
50 year anniversary on 13 September 2016 in Nairobi. The
participants at the symposium included current and former central
bank governors from Kenya and the East Africa region, high level
officials from multilateral financial institutions, policy makers,
executives of commercial banks in Kenya, private sector
practitioners, civil society agents, executives and researchers
from think tanks based in Kenya and the Africa region, leading
academics in banking and finance, and university students. Beyond
the symposium, the volume highlights the evolution of specific
functions of CBK over the last 50 years (such as monetary policy,
bank regulation, and payments system), as well as developments in
Kenya's financial system which strongly relate to the functionality
of CBK, such as financial innovation, the evolution of financial
markets, and non-bank financial institutions in Kenya.
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