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基本説明
Explores three key areas of central banking and governance - autonomy, accountability and transparency.
Full Description
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.
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