Publication details

Analýza nezávislosti České národní banky v kontextu EMU - pojetí a alternativy.

Title in English Analysis of the Czech National Banks independence within the framework of the EMU principle and alternatives


Type Article in Periodical
Magazine / Source Národohospodářský obzor
MU Faculty or unit

Faculty of Economics and Administration

Field Economy
Keywords central banks independence; Czech National Bank; European Central Bank; EMU
Description The paper investigates the position of the Czech National Bank in the economy. Within the framework of the European System of Central Banks the ratio and the structure of the Czech and others national central banks independence are measured. The analysis identifies differences of the central banks managements position (particularly appointment) and puts forward to exploit these differences to change the Czech National Banks position: the governor should be appointed by the government to be an official political representative of the Czech Republic at the European System of Central Banks.
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