The Independence of the Central Bank

Published By: Reserve Bank of India, RBI on eSS | Published Date: September, 03 , 2016

Central banking does not mean just rates cuts and rate rising. There are many decisions to be taken sometimes unpopular or hard-to-explain ones, to be made under conditions of extreme uncertainty. There are many reasons as to why we need an independent central bank. [St. Stephen’s College, New Delhi].

Author(s): Raghuram G. Rajan | Posted on: Sep 06, 2016 | Views() | Download (697)


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