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The Independence of Central Banks of CIS Countries and Eastern Europe

Author

Listed:
  • Trunin, Pavel

    (Gaidar Institute for Economic Policy)

  • Knyazev, Dmitriy

    (Gaidar Institute for Economic Policy)

Abstract

In the article based on a review of theoretical and empirical studies independence of the Central Bank estimated the independence of central bank governors - former Soviet republics, including Russia and Eastern Europe. In addition, the article turns out, there is a relationship between independence, and such key economic indicators as inflation, economic activity, the budget deficit.

Suggested Citation

  • Trunin, Pavel & Knyazev, Dmitriy, 2010. "The Independence of Central Banks of CIS Countries and Eastern Europe," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 4, pages 176-188.
    • Handle: RePEc:rnp:ecopol:10410
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