Turkey shows why a central bank’s independence is central
Mar 22, 2021
2 minutes
One relatively new pillar among democratic nations, cemented as a global norm only in the 1990s, is an independent central bank. These official guardians of market stability are deliberative bodies of experts with long-term views, wielding financial tools such as the setting of interest rates. For elected leaders with
You’re reading a preview, subscribe to read more.
Start your free 30 days