Age of Eurasia

Page 431

Central Bank Activities Supporting Education and Research in Eurasia Levente Horváth – Kristóf Lehmann In the 21st century, finance, technology, innovation and education form the foundations of development, and it is an important role of the state to facilitate this. As economic development is closely linked to the creation of a knowledge-based society, science and education also affect the activities of central banks. The world’s central banks support a wide range of educational activities and research, both internally and externally, in cooperation with various universities and think tank centres. The Magyar Nemzeti Bank is also at the forefront of this process, as it plays a key role in supporting Hungarian science and higher education through its various programmes and initiatives. The aim of this paper is, on the one hand, to present the activities of Asian central banks, which are becoming increasingly important in the Eurasian era, regarding the countries that are considered most relevant to the topic. The second half of the paper focuses on the activities of the Magyar Nemzeti Bank as a case study, creating a basis for comparison with foreign central banks. Journal of Economic Literature (JEL) codes: A20, E58, I20 Keywords: Eurasia, central banks, Magyar Nemzeti Bank, education, research

Levente Horváth is Director of the Eurasia Centre at John von Neumann University. Email: levente.horvath@hotmail.com Kristóf Lehmann is Director for international monetary policy analysis and training of economic sciences at Magyar Nemzeti Bank. Email: lehmannk@mnb.hu The authors thank the researchers of the Eurasia Centre (Alexandra Zoltai, Boglárka Éliás, Meszár Tárik, Péter Klemensits and Szabolcs Veres) for their contribution.

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