Politically-aligned governors more likely to 'survive', research finds

budapest

Central bank governors with similar political affiliations to the government in power tend to be allowed to continue in their posts for substantially longer than those that sympathise with the opposition, according to a paper published this month.

Laurenz Ennser-Jedenastik, a political scientist at the University of Vienna, studied 30 European countries from 1945 to 2012 to see which central bank governors were removed from their jobs early, either by forced resignation or not being reappointed

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