نتایج جستجو برای: central bank independence
تعداد نتایج: 565327 فیلتر نتایج به سال:
Plans for European Monetary Union are based on the conventional postulate that increasing the independence of the central bank can reduce inflation without any real economic effects. However, the theoretical and empirical bases for this claim rest on models of the economy that make unrealistic information assumptions and omit institutional variables other than the central bank. When the signali...
In many open-rich financially developed countries, the central bank (CB) plays an important role in the development of a sound and effective financial system in particular, and economic development and stabilization of the economy in general. In these countries, the governance of the CB is based on the three main principles of New Public Management (NPM) known as the three ‘pillars’, which incl...
This paper analyses how the central bank's role in the monetary institutional setting can affect the unification process of the overall financial supervision architecture. Using indicators of monetary commitment and central bank independence, we claim that these legal proxies show an inverse link with financial supervision unification. Therefore, the trade off still holds between the supervisor...
The central bank is working to reform the structure of the banking system to bring the banking network in line with world standards. The banking network should strive to adapt itself to the modern world in terms of technology, procedures, and operations. The main prerequisite for this is central bank independence and structural reform of the country's budget. In the current situation, the Centr...
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