Sentences with phrase «with central bank independence»

Not exact matches

The Bank of Canada issued a statement clarifying that Carney did not violate any conflict - of - interest rules, but even the appearance of politics mixing with monetary policy could damage the hard - won credibility and independence the central bank has established over the past couple of decaBank of Canada issued a statement clarifying that Carney did not violate any conflict - of - interest rules, but even the appearance of politics mixing with monetary policy could damage the hard - won credibility and independence the central bank has established over the past couple of decabank has established over the past couple of decades.

These gains were matched in many economies around the world, the result not just of the now widespread practice of having a central bank with instrument independence commit to an implicit or explicit goal of price stability, but also of course of the effects of global economic integration on competition and labor costs.

In a fiscal emergency, especially under fiat money systems, formerly independent central banks tend to lose their independence and begin printing money to pay the government's bills, more money than is consistent with low inflation.

Massa, a former minister under Kirchner, promised central bank independence; Macri, the mayor of Buenos Aires, promised a return to investment grade; and Scioli, a Kirchner ally and occasional critic, agreed with the other two on ending agricultural export restrictions.

Researchers interested in exploring the relationship between macroeconomic performance and the quality of monetary institutions should consider augmenting the Fraser and Heritage data with additional institutional indicators, such as measures of central bank independence, the use of monetary policy rules, freedom to use competing forms of money, and exchange rate regimes.

For a real - world example of how a system of market - chosen monetary policy would work in the absence of a central bank, one need not look to the past; the example exists in present - day Central America, in the Republic of Panama, a country that has lived without a central bank since its independence, with a very successful and stable macroeconomic envircentral bank, one need not look to the past; the example exists in present - day Central America, in the Republic of Panama, a country that has lived without a central bank since its independence, with a very successful and stable macroeconomic envirCentral America, in the Republic of Panama, a country that has lived without a central bank since its independence, with a very successful and stable macroeconomic envircentral bank since its independence, with a very successful and stable macroeconomic environment.