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

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

byB. Laurens

Hardcover | June 10, 2009

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This book explores three key areas of central banking and governance - autonomy, accountability and transparency. It 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.
BERNARD J. LAURENS is currently Deputy Chief, Monetary and Capital Markets Department, International Monetary Fund, US. He began his career in the IMF in 1992. During his tenure, he has been extensively involved in domestic and external financial sector issues, and modernization and liberalization of countries monetary frameworks and e...
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Title:Central Bank Independence, Accountability, and Transparency: A Global PerspectiveFormat:HardcoverDimensions:270 pages, 8.5 × 5.51 × 0.81 inPublished:June 10, 2009Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230201075

ISBN - 13:9780230201071

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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