Munich Personal RePEc Archive

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.

[img]
Preview
PDF
MPRA_paper_63671.pdf

Download (166kB) | Preview

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 .

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.