X

Reflections on central bank independence

06-May-2019

Review case for central bank independence


Author: Lesetja Kganyago
Looking around the world, there are signs of this trouble in many places – including advanced economies, where institutional stability can no longer be taken for granted. You will all be able to think of examples. The Bank of England has been criticised for warning about the costs of Brexit, which just shows that giving good advice in a polarised political environment is no way to make friends. As for the United States, everyone likes telling the Fed what to do, and as we have seen this urge is not confined to those without authority. Elsewhere, a conflict over the central bank’s reserves has led to a Governors’ resigning. And of course in South Africa, the independence of the Reserve Bank has also come under threat in recent years, which must be why you think I’m the person to discuss this subject.

Tonight, I will briefly review the textbook case for central bank independence.

Rate this article: rating

Back to list of informative financial articles

About Us

EQ-FIN is a company driven by a purpose: we want to secure the future dreams, aspirations and plans everyone has for themselves and their loved ones.

Top of mind in the business are the key stakeholders - clients, financial advisors, staff, Liberty colleagues and our shareholder Liberty.

More About EQ-FIN

Liberty Group Limited is an Authorised Financial Services Provider (Licence No: 2409)

Articles
  • Making property work for you

    Liberty has always been synonymous with top property investments. Read more...
  • Liberty Real Estate Portfolio

    View the impression portfolio of properties from Liberty. Read more...