Study On The Function Of Central Banks In Financial Stability

According to the World Bank statistics,the global systemic crisis has erupted more than 100 times over the past thirty years,spread widely and caused serious economic loss.A heavy price brought by financial instability made?People aware of only financial stability can help to develop the economic sustainably and healthy.Therefore, the governments and financial organizations have made a great effort to keep the stability of the financial system,and the research of the stability has gradually unfolded all over the world.The central bank is the bank which regulates all other banks,it has the natural function of maintaining financial stability and legal functions.To keep the currency stable, promoting the coordinated development of the national economy is its policy objectives. During the financial crisis, financial institutions or financial liquidity into the market as a "lender of last resort" is the embodiment of the functions of.For now,not only the WTO protection enjoyed by our country has ended,but also the financial industry will meet a more competitive market environment,and the degree of openness will further widen then.Therefore,research on the problem of financial stability is a pressing matter of the moment for the present situation of our country.What are the deep-seated meanings to solve good financial stability,and what kind of roles the central bank plays in the course of maintaining financial stability,how to coordinate the relationship between the central bank and stabilize the relevant functional departments to ensure realize of financial stability can help the central bank itself have a accurate orientation of responsibility and obligation in the process of maintaining the financial stability,and also can push the central bank’s work about the financial stability more effectively.This article studies the basic theory about financial stability.On the basis of the experience of the domestic and foreign researches,the author put forward his own understanding of the concept for this.Through analysing the mechanism of action between the meaning of stability and stability in the areas of Currency,Bank and Macro- economy by the same time.This help to test the theory,and also clarify the people’s Bank of the exercise of the functions of maintaining stability.Then carries on the analysis from two dimensions.At vertical aspect,the article study how the steps changed that country maintains financial stability functions during the past years,also narrates respectively the characteristics of the four stages and their advantages and disadvantages.The article learned and compared America, Britain,Germany, Russia and other countries to perform the experience of the stability function.It also based on the experience of EU and international the supervision organization to get a reference for our country.Then taking BZ as an example,it analyzes the case that basic level of central bank maintains the financial stability function,lists the various current maintenance.The final comprehensive consideration,at present our country central bank is performing the function of financial stability in question,such as the existence of the difficult part of the legal provisions or interoperability is not strong,the lack of supervision coordination problems.Homologous,it puts forward constructive suggestions from the aspects of the corresponding safe guard mechanism and performing the functions introduced in practical play the role of coordination mechanisms.At the same time,aiming at the deficiency of existing operating duty difficulties at business level Municipal Bank branch in the performance of their duties,effectively monitoring difficulty and personnel relative lag.Correspondingly from speeding up the construction of financial stability work and do a good job of the grass-roots talent cultivation perspective,improve their capability of grass-roots level of central bank.