tailieunhanh - Climate Risks and Adaptation in Asian Coastal Megacities

There are also papers suggesting that the link between central bank finances and policy outcomes is not straightforward, and that other aspects are crucial, too. For example, Ueda (2004) wrote: “Summing up the experiences of insolvent central banks, my conclusion is that the maintenance of a sound balance sheet is, in general, neither a necessary nor a sufficient condition for fulfilling a central bank’s responsibility, but there have been cases where an unhealthy balance sheet became a major obstacle to price stability.” In a similar vein, Cukierman (2011) acknowledged the role of the central bank’s capital for preserving its. | Climate Risks and SYNTHESI Adaptation in Asian REPOR Coastal Megacities Climate Risks and Adaptation in Asian Coastal Megacities A Synthesis Report THE WORLD .