Snisorenko, P.V. Historical prerequisites of the formation of the institution of the Central Bank

Abstract: This article is devoted to the transformation of the methodology of the monetary regulation from the moment of its formation and till the time, when the first central banks appeared. The author points out the relations between the evolution of forms ofmoney, formation of monetary turnover, development of the banking system, formation of the methodology of the monetary regulation. The author also points out some peculiarities of functioning of the first central banks.

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