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A note on the independence of central banks in the Czech Republic, Hungary and Poland

A note on the independence of central banks in the Czech Republic, Hungary and Poland
A note on the independence of central banks in the Czech Republic, Hungary and Poland
This essay evaluates the legal independence of central banks in three Eastern European countries: the Czech Republic, Hungary and Poland. It provides a descriptive account of monetary policy making in these countries and interprets the relevant central bank charters in light of arguments for central bank independence. Information found in the legal documents is summarized in quantitative indices. The main finding is that the three central banks exhibit a similar degree of legal independence, which does not differ from that of the Bundesbank.
central bank independence, transition in Eastern Europe
34
University of Southampton
Ratfai, Attila
b9e8f335-83a7-44be-a4f4-e8010fc0caf7
Ratfai, Attila
b9e8f335-83a7-44be-a4f4-e8010fc0caf7

Ratfai, Attila (2000) A note on the independence of central banks in the Czech Republic, Hungary and Poland (Discussion Papers in Economics and Econometrics, 34) Southampton, UK. University of Southampton 18pp.

Record type: Monograph (Discussion Paper)

Abstract

This essay evaluates the legal independence of central banks in three Eastern European countries: the Czech Republic, Hungary and Poland. It provides a descriptive account of monetary policy making in these countries and interprets the relevant central bank charters in light of arguments for central bank independence. Information found in the legal documents is summarized in quantitative indices. The main finding is that the three central banks exhibit a similar degree of legal independence, which does not differ from that of the Bundesbank.

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Published date: 2000
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Keywords: central bank independence, transition in Eastern Europe

Identifiers

Local EPrints ID: 33132
URI: http://eprints.soton.ac.uk/id/eprint/33132
PURE UUID: 1ed594d2-317a-489d-ac19-0f26efdc6315

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Date deposited: 19 Jul 2006
Last modified: 15 Mar 2024 07:42

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Author: Attila Ratfai

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