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Why Central Bank Independence Matters (Английский)

Deep economic crises, the global financial crisis and the Coronavirus (COVID-19) pandemic have put some strains on, and rekindled an older debate about the costs and benefits of central bank Independence. Central banks have been accorded more independence since the 1970s, which has helped bring down and keep inflation low and reduced the risk of fiscal crises. However, as their interventions in the economy with unconventional policies expand...
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