Postcommunist central banks: A democratic deficit?
Article Abstract:
Democratic governments grant central banks independence in the name of the greater public good, on the grounds that a monetary authority divorced from the political system can take necessary but unpopular economic measures and yet, these banks possess exceedingly powerful institutional tools. They are the brains of modern capitalist economies, and their policies can affect prices and wages, determine whether an economy grows or stagnates and influence who wins or loses financially.
Publication Name: Journal of Democracy
Subject: Political science
ISSN: 1045-5736
Year: 2006
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Promoting transparency in Angola
Article Abstract:
Angola has suffered from a civil war for three decades and the one-party rule have left the country with a weak and fragmented legal system, entrenched corruption and a zero-accountability government. The combination of homegrown and external pressure has driven Angola's dysfunctional state to take some gradual and genuine steps towards accountability.
Publication Name: Journal of Democracy
Subject: Political science
ISSN: 1045-5736
Year: 2005
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