Financial Independence of Central Bank through the Balance Sheet Prism
The main reason for central bank independence lies in the fact that it is necessary to clearly distinguish spending money from the ability of making money. Independence of central banks is now a characteristic of almost all developed and highly industrialized countries. In this respect, it represent...
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| Format: | Article |
| Language: | English |
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Sciendo
2014-05-01
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| Series: | Journal of Central Banking Theory and Practice |
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| Online Access: | https://doi.org/10.2478/jcbtp-2014-0010 |