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- W2092463345 abstract "The past two decades have seen an immense increase in the importance and role of central banks. Never before have central banks reached the pinnacle position and obtained the widespread interest they now command. Established in a past era when it was not deemed necessary for central banks to be engaged in macro-economic policy-making, they have evolved into key institutions in modern times, where they wield the most important tool for economic stabilisation monetary policy. Having evolved from primarily private institutions before the First World War into mostly nationalised institutions by the end of this century, the independence of these banks, which was threatened at various stages, is currently highlighted as one of the foremost features which should characterise a central bank." @default.
- W2092463345 created "2016-06-24" @default.
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- W2092463345 date "1997-09-01" @default.
- W2092463345 modified "2023-09-25" @default.
- W2092463345 title "Cycles in central bank independence" @default.
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- W2092463345 doi "https://doi.org/10.1080/10113439709511099" @default.
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