Is Central Bank Independence Under Threat?
Syed Bukhari is an International Management student, interested in global affairs and political economy. He is a member of Chatham House. [www.linkedin.com/in/syed-qamar-bukhari] Introduction For much of the last four decades, central bank (CB) independence was vital to economic policy globally. Governments gave control over monetary policy to technocratic institutions with clear instructions, limited tools, and protection from day-to-day politics (e.g. through staggered terms). The aim was...
