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 report by the Central Bank Governance Group presents information intended to help decision-makers set up governance arrangements that are most suitable for

Experts analyze the recent emphasis on central communication as an additional policy and accountability device.

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

Changes in the field of central banking over the past two decades have been nothing short of dramatic. Moreover, they have spanned the globe. They include the i