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AB 2000 studies

Alain Boublil Blog


Archives July 7, 2022

Central banks : the end of the independence ?

The succession of crisis which have hurt the Western Countries for fifteen years with successively the sub-primes, the risk of explosion of the euro zone, the Covid-19 pandemic and at last the invasion of Ukraine by Russia has, each time, put the central banks at the heart of the measures devised by the governments to soften their economic consequences. Even when their status was explicitly or not guaranteeing their independence and their freedom of action and when their mandates were fixing the price stability as their main objective, their policies had to be in keeping with a context of international ...

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