Governance Benchmarks 2024 – model banks analysis

Additional breakdowns of the data reveal details of central bank powers, staffing and more

Governing a central bank well requires a lot of elements, and different institutions make different structural choices. But some challenges are common to all – staffing, oversight, independence from government, the choice of internal policies.

The model banks analysis highlights how choices across these dimensions differ in advanced economies (AEs), emerging market economies (EMEs) and low income developing economies (LIDCs).

As in other benchmarks, AE central banks appear to have the benefit of

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