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proposes that in order to promote judicial legitimacy in a democracy, consideration should be given to a civil service … framed tension has been about the relative importance of judicial independence and judicial accountability in a democracy …, the underlying issue has been about which structure better promotes the legitimacy of the judiciary. An institution has …
Persistent link: https://www.econbiz.de/10014116608
and constitutional choices facing Ukraine. The main lesson is that legitimacy is needed for constitution-building, which …
Persistent link: https://www.econbiz.de/10011855611
The legitimacy of central banking -- The challenge to the technocracy -- The culture of central banking -- Experts and … the public -- Towards financial citizenship and a new legitimacy narrative -- A program for action -- Between the last …
Persistent link: https://www.econbiz.de/10011855405
analysis on the value of democracy as one of the seminal determinants of the legitimacy of regulatory actors and the norms they …, but is rarely defined in contemporary scholarship on global governance: the notion of legitimacy. The authors center their … adopt. They further focus on the democratic legitimacy of norms adopted by global private actors. A specific breed of such …
Persistent link: https://www.econbiz.de/10013114902
Some academic literature maintains that high independent central banks are characterised by low democratic accountability. In this paper, we try to improve previous studies' evidence, using an alternative central bank independence index, which we suggest, in the updated measurement of a larger...
Persistent link: https://www.econbiz.de/10013098244
I construct a quarterly dataset on political pressure faced by 118 central banks from 2010 to 2018 using country-level reports. I code whether each central bank is reportedly succumbing to pressure, resisting pressure, or not facing pressure. About 10% of central banks reportedly face political...
Persistent link: https://www.econbiz.de/10012911739
Persistent link: https://www.econbiz.de/10012979619
Persistent link: https://www.econbiz.de/10012656707
Private entities have recently attempted to invade the realm of central banking activities. This Article identifies this activity as “Shadow Central Banking,” and draws analogies with the previous emergence of “shadow banking” more generally. The “shadow banking” system emerged as a...
Persistent link: https://www.econbiz.de/10012859315
Persistent link: https://www.econbiz.de/10003424397