Evaluation du degré d’indépendance de la Banque Centrale de Tunisie

mhamdi, ghrissi (2009): Evaluation du degré d’indépendance de la Banque Centrale de Tunisie.

Abstract

The search for the credibility of monetary policies during the recent decades this is materialized , among other things, changes in the laws that govern the activities of the Central Bank, supposed main guarantor of the proper conduct of monetary policy. These changes are aimed , essentially the establishment of an independent Central Bank power policy. This need stems from the fear that the opportunism of the rulers conducted before the election periods , to use discretion to monetary weapon to increase their chances of re-election, but without taking account the adverse effects of such a policy on price stability above all in developing countries . In this article and in the same path as that followed by Cukierman , Webb and Neyapti (1992) and Jacome (2001) the objective is to assess the degree of independence of the Central Bank of Tunisia .

• Item Type: MPRA Paper
• English Title: Independence degree of Tunisian central bank
• Language: French
• Keywords: Indépendance de la Banque Centrale, Inflation
• Subjects: E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies

References

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Bade, R., et Parkin, M., 1982. Central Bank laws and monetary policy. University of Western Ontario, department d’économie, Mémoire