What Role Do Hrm Practices Play in Business Decision to Expand Internationally

Central bank is one of a financial institution, they control monetary policy of country and also has several mandates are involve issue national currency, control credit supply, ensure financial system stability and preserve the currency value. Central bank can act as government of banker and lender to other banks (Central Bank Guide, 2015).

5 different central banks
Name | Japan | United Kingdom | Australia | New Zealand | Malaysia |
Governor | Haruhiko Kuroda | Mark Carney | Glenn Stevens | Graeme Wheeler | Zeti Akhtar Aziz |
Established | June 1882 | July 1694 | January 1960 | 1934 | January 1959 |
Currency | Japanese Yen | Pound Sterling | Australian Dollar | New Zealand Dollar | Malaysia Ringgit |
Mission | Bank of Japan creates the missions including international activities; provide settlement services and ensuring the stability of the financial system; compilation of data, research activities, and economic; management of banknotes and issuance; government securities- related operations; and implementation of monetary policy. | The main mission for Bank of England is to encourage the good of people in United Kingdom by stability financial and maintaining monetary. | Australia’s missions are stability financial system and focus on policy responses, stability of the currency, economic prosperity, maintenance of full employment and welfare of the people. | Reserve central bank of New Zealand are promoting a sound and efficient financial system and keeping foreign reserves. | The mission of Bank Negara Malaysia is to remained economic growth for the benefit of the nation, committed to good in stability financial system and promoting monetary and bring up a sound and progressive financial sector. |
5 central bank for comparison analysis
Country | Monetary Policy | Fiscal Policy |
Japan | Japan released quantitative and qualitative monetary easing to introduction of the quantitative easing and low interest rate policy to overcome...