Law of Money and Central Banking
About This Course
By the end of the course, paticipants will be able to :
1. Develop a comprehensive understanding of the evolving role of central banks in the global financial landscape, including their expanded responsibilities as guardians of financial stability and emergency managers during crises;
2. Explore the monetary policy operations and legal frameworks that shape the activities of central banks, including the limits and constraints they face in executing their assigned tasks;
3. Analyze the transnational effects of monetary policy operations, examining how actions taken by central banks can have far-reaching impacts beyond their jurisdictions; and
4. Gain insights into the shared principles and differences in the execution of tasks and pursuit of objectives by central banks in different regions, with a focus on the US, Euro-area, Europe, and Asia.
What You'll Learn
This course provides a detailed understanding of the role of central banks, their monetary policy operations, and the legal frameworks that draw limits on their activities. It focuses on the roles that central banks play as guardians of monetary and financial stability and discusses current developments. In its second part, the course analyses the concept of money, the changes to the understanding of money over time, and the current surge of cryptocurrencies and stablecoins as well as the concept of central bank digital currency.
Entry Requirements
A good Bachelor's or Juris Doctor degree in Law