Governance Benchmarks 2021: governing members presentation

L to R: Christopher Jeffrey and Dan Hardie

Governance is crucial to determining whether a central bank can fulfil its tasks. It also raises fundamental questions about central banks’ relationships with the societies and governments they serve. The Governance Benchmarks 2021 explore many of these issues.

The governance of policy decision-making presents central banks with some difficult questions. While some consensus has emerged in the past few decades regarding monetary policy, with a trend towards operational independence, there

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