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Central Bank Independence Requires Accountability

Giugliano Ferdinando, (2017), “Central Bank Independence Requires Accountability”, Bloomberg View, 23 Οκτωβρίου

The appointment of Italy’s new central bank governor has turned into a depressing power struggle. But for all the elements that make this a uniquely Italian affair, it also raises broader questions about how a country should balance independence and accountability in the event of a possible central bank failure.

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