Central Bank of Central Bank for Economic Development

Essay 15 Running Head: Essay [Name] [Institute] [Date] Introduction 3 Importance of Central Bank for Economic Development 3 Financial Institution Development 4 Adjustment of Demand and Supply of Money 5 Affordable Interest Rate Policies 6 Management of Debts 6 Controlling Credit Rates 7 Balance Payments Problems 9 Influences of Central Bank for the Economy 9 Macroeconomic Influences 10 Microeconomic Influences 10 Political Independence and Power of Central Banks 11 The Financial Stability Objective in a Crisis for a Central Bank 12 Conclusion 12 References 14