Central banking in challenging times

Central banking in challenging times

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Central banking in challenging times

BIS Working Papers | No 829 | 17 December 2019by Claudio BorioPDF full text (270kb) | 29 pagesFocusThe essay focuses on the threefold challenge central banks have been facing post-crisis - economic, intellectual and institutional. It pays special attention to central bank independence.ContributionThe essay examines these issues from a historical perspective.

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