A central bank needs authority and a sphere of independent action. But a central bank cannot become an unelected czar with sweeping, unaccountable discretionary
This paper discusses key legal issues in the design of Board Oversight in central banks. Central banks are complex and sophisticated organizations that are chal
This report by the Central Bank Governance Group presents information intended to help decision-makers set up governance arrangements that are most suitable for
This paper argues that nonfinancial risk management is an essential element of good governance of central banks. It provides a funnelled analysis, on the basis
This paper identifies issues to consider when designing the structure, size, and composition of the governing boards and management of a central bank. While cen
