Banks, Central Banks, and Banking Regulations in Peace Agreements

Banks, Central Banks, and Banking Regulations in Peace Agreements

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Summary: A comprehensive post-conflict political settlement may often need provisions on some form of financial governance. The need for financial regulation is often exacerbated by the circumstances of the conflict-affected area itself, as in cases of complete destruction of the institutions that regulate the economy, or when new states require a new set of such institutions. Even if no comprehensive peace settlement is produced in the peace process, other types of agreements can be expected to occasionally contain provisions on banks and banking, at least to the extent that they are part of a process that aims to create conditions for regular functioning of the society and the economy.

Keywords: Peace Processes, PA-X Database, Economics

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