BERNARD LAURENS is at the International Monetary Fund. | |MARCO ARNONE is at the Catholic University and CeMaFir, Milan.
In the context of the current global financial crisis, where central banks have taken a key role in preserving systemic stability, this book brings together the three pillars of central bank governance and provides a joint analysis of central bank independence, accountability and transparency. It offers a comprehensive review of the literature, and proposes new indices and calculates new measures of the three pillars of central bank governance, which are afterwards appl...
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