Central Bank Independence, Accountability, and Transparency: A Global Perspective by B. Laurens

Central Bank Independence, Accountability, and Transparency: A Global Perspective

EditorB. Laurens

Hardcover | June 10, 2009

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This book explores three key areas of central banking and governance -- autonomy, accountability and transparency -- and looks at links between the areas, as well as assessing the impact of central bank autonomy on macroeconomic performance. The issues are approached from theoretical and empirical perspectives.

About The Author

BERNARD LAURENS is at the International Monetary Fund.   MARCO ARNONE is at the Catholic University and CeMaFir, Milan.
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Details & Specs

Title:Central Bank Independence, Accountability, and Transparency: A Global PerspectiveFormat:HardcoverDimensions:256 pages, 8.5 × 5.51 × 0.04 inPublished:June 10, 2009Publisher:Palgrave Macmillan UKLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230201075

ISBN - 13:9780230201071

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Extra Content

Table of Contents

Foreword
Acknowledgements
Introduction
PART I: SURVEY OF MODELS AND INDICATORS OF INDEPENDENCE
Introduction
Base indicators of independence
Subsequent literature and empirical studies on base indicators
Conclusions
PART II: SURVEY OF MODELS AND INDICATORS OF ACCOUNTABILITY
Responsibility and accountability
The concept of accountability in the literature
Accountability indices: comparison of empirical results
PART III: SURVEY OF MODELS AND INDICATORS OF TRANSPARENCY
Introduction
Rationale for transparency
The concept of transparency in the literature
Indicators and measures in the literature
Conclusions
PART IV: NEW INDICATORS OF INDEPENDENCE, ACCOUNTABILITY AND TRANSPARENCY
Methodology for assessing central bank independence
Methodology for assessing central bank accountability and transparency
PART V: RELATIONSHIPS BETWEEN INDEPENDENCE, ACCOUNTABILITY AND TRANSPARENCY
Accountability and Transparency
Accountability and Independence
Transparency and Independence
Conclusions
PART VI: INDEPENDENCE AND INFLATION PERFORMANCE: NEW EMPIRICAL EVIDENCE
PART VII: GLOBAL TRENDS AND POLICY LESSONS
Global trends in central bank independence
Global trends in central bank accountability and transparency
Global trends in central bank governance
Lessons from global trends
References