A central bank needs authority and a sphere of independent action. But a central bank cannot become an unelected czar with sweeping, unaccountable discretionary
Whilst economic, political linkages and relationships constitute the theme of this paper, the paper also attempts to address why central bank independence still
In December 1999, prior to the forming of a Stockholm Centre for Commercial Law, an international symposium entitled Central Bank Independence was held at the D
We argue that the question of whether and when policy reform works should be investigated together with the political economy factors responsible for distortion
Banking on Reform examines the political determinants of recent reforms to monetary policy institutions in the industrial democracies. With these reforms, polit