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accounts when the central bank undertakes quasi-fiscal operations and the government falls short of providing full coverage of …
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In the 1990s, the issues of central banking and central bank independence have gained increasing attention, in part … owing to the role of the future European central bank, but also owing to the emergence of transition countries and the role …
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some positive correlation between greater central bank autonomy and higher average real growth, after the initial period of …
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Since 1991, the 15 countries under review - have to varying degrees, been pursuing reforms whose broad objectives have been to achieve market-based determination of interest rates and exchange rates, manage banking system liquidity through market operations with indirect instruments, and provide...
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