Publication details
Alternativní pojetí nezávislosti ČNB po vstupu do EMU - institucionální přístup
| Title in English | Alternative way of CNBs independence after the EMU accesion - institutional approach |
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| Authors | |
| Year of publication | 2003 |
| Type | Article in Proceedings |
| Conference | Hospodářská politika v tranzitivních ekonomikách IV. |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | central banks independence; CNB; EMU; ESCB; ECB |
| Description | The article solves the question of the optimal rate of the Czech National Banks independence from the point of view of the EMU accession. The CNB enjoys very high level of the political as well as economic rate of independence, which came right during the process of the economic transition. Being a member of the European Central Bank System presuppose very high rate of independence as well, nevertheless there is open question of the responsibility of national central banks. The analysis of the European central banks rate of independence is made in the article, and then the recommendation for the Czech National Bank is done. |
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