Generally, central banks are formally accountable to the legislative or executive branch of government, depending on the constitutional delegation of ... |
An autonomous central bank is ultimately accountable to the general public, but may be directly accountable to the executive branch or the legislature. Often ... |
In our view the concept of central bank accountability has three main features: 1. decisions about the ultimate objectives of monetary policy;. 2. transparency ... |
25 нояб. 2019 г. · Independence and accountability are also needed to ensure good governance and the prevention of institutional decay over the long term. Poor ... |
In general, the central bank may not (only) be directly accountable to parliament but (also) to government, which is, in turn, accountable to parliament. In ... |
11 сент. 2020 г. · This paper analyses the accountability mechanisms of the. European Central Bank and of the Bank of England and focuses on parliamentary ... |
10 июн. 2024 г. · In democratic regimes, the law must ensure that the powers of the central bank are clearly delineated and carried out in a manner that is ... |
Two aspects of accountability are considered. The first one is transparency of actual monetary policy, the second aspect is the question of who bears final ... |
Central bank accountability is identified as having three distinct features, namely, the explicit definition and ranking of the objectives of monetary policy, ... |
The ECB is accountable for its actions to the European Parliament as the body composed of the elected representatives of the EU's citizens. |
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