Artikel
Central Bank Independence – The Case of the Central Bank of Montenegro
In recent decades, there has been a trend in increasing the level of independence of central banks. The key factor that has contributed to a growing interest in this concept is grounded in economic theory that confirms the link between a lower inflation rate and a greater level of central bank independence. For this reason, in many countries, the existing regulations relating to central bank have been modified to protect its position from the absolute influence of the executive power of the state. This trend was particularly prevalent in transition countries, which was conditioned primarily by the EU accession criteria. The aim of this paper is to analyse independence of the Central Bank of Montenegro through the prism of functional, institutional, financial, and personal independence, and to assess the level of its legal independence by using appropriate indices.
- Sprache
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Englisch
- Erschienen in
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Journal: Journal of Central Banking Theory and Practice ; ISSN: 2336-9205 ; Volume: 7 ; Year: 2018 ; Issue: 3 ; Pages: 25-40 ; Warsaw: De Gruyter Open
- Klassifikation
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Wirtschaft
Monetary Policy
Central Banks and Their Policies
- Thema
-
central bank independence
indices
Montenegro.
- Ereignis
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Geistige Schöpfung
- (wer)
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Radovic, Milivoje
Radonjic, Milena
Djuraskovic, Jovan
- Ereignis
-
Veröffentlichung
- (wer)
-
De Gruyter Open
- (wo)
-
Warsaw
- (wann)
-
2018
- DOI
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doi:10.2478/jcbtp-2018-0021
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Radovic, Milivoje
- Radonjic, Milena
- Djuraskovic, Jovan
- De Gruyter Open
Entstanden
- 2018
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