Those latest developments remind us that two quite different models of central banking prevailed in the past. One sees a country ... as the Bank of England sought during the late 1980s and early 1990s ...

Tensions over central banking stewardship have emerged in other countries, including Argentina, Hungary, Malawi, Mauritius, Venezuela and Zambia. In India, the independence of the Reserve Bank of ...

Does that mean central bank independence is a good thing? Economists overwhelmingly think so. In developed countries, protecting the monetary authority from politics is so widely seen as desirable ...