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Central Bank Independence: The Case of North African Central Banks
Journal of Central Banking Theory and Practice Pub Date : 2023-09-06 , DOI: 10.2478/jcbtp-2023-0025
Amina Haoudi 1 , Ali Bennagem Touati 1
Affiliation  

The independence of Central Banks is still considered to be a credibility factor in ensuring price stability. Thus, many central banks in transition countries have undergone a change in their statutes in order to achieve greater independence from governments. In this vein, within a decade, North African Central Banks have put in place a new institutional framework for their monetary policy. In this article, we will attempt to assess and measure the legal (de jure) and real (de facto) independence of these Central Banks (Morocco, Algeria, Libya, Tunisia, Egypt).

中文翻译:

中央银行独立性:北非中央银行的案例

中央银行的独立性仍然被认为是确保价格稳定的可信因素。因此,转型国家的许多中央银行都对其章程进行了修改,以实现更大程度的独立于政府。本着这一精神,十年之内,北非中央银行为其货币政策建立了新的制度框架。在本文中,我们将尝试评估和衡量这些中央银行(摩洛哥、阿尔及利亚、利比亚、突尼斯、埃及)的法律(法律上)和真正(事实上)的独立性。
更新日期:2023-09-06
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