Theoretical concept of Central Bank independence and legal status of the National Bank of Serbia
The modern theoretical concept of independence is crucial for the establishment of institutional arrangements relating to monetary authority. It is theoretically demonstrated and empirically verified that a central bank can function effectively only if it is provided with institutional independence....
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Format: | Article |
Language: | English |
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Association of Serbian Banks
2017-01-01
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Series: | Bankarstvo |
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Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2017/1451-43541702032I.pdf |