Central Banking

The Politics of Central Banks

With the independence, accountability and transparency of the European Central Bank (ECB) constantly in the news, this book could not come at a better time. It deals with the interaction between the power of the government and the central bank. After focusing on the relationships of the Bank of England and the Banque de France and their respective governments throughout the ages, the authors conclude with an examination of the role of the ECB.

Elgie and Thompson believe that the fundamental

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