On the meaning of central bank independence

This article aims to clarify the meaning of the multifaceted term central bank independence. Such independence cannot be understood in an absolute sense, because the elected government in a democratic society remains the highest authority in respect of economic policy-making too. Nevertheless, centr...

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Bibliographic Details
Main Author: G. M. Wessels
Format: Article
Language:English
Published: AOSIS 1998-06-01
Series:South African Journal of Economic and Management Sciences
Online Access:https://sajems.org/index.php/sajems/article/view/1879