Independence lower where central banks face legal issues
Financial independence a bigger problem where central banks say law is inappropriately worded
Central banks report lower scores for independence – especially financial independence – where they also face problems with their governing legislation, benchmarking data shows.
The Governance Benchmarks 2026 show nearly one in five respondents (18.8%) view their jurisdiction’s central bank law as inappropriate in “scope or wording”.
A separate section of the benchmarks asks respondents to give scores to their independence in different areas on a scale of one to five, where one is no
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