Download or read book Central Bank Independence Revisited written by Edward Balls and published by . This book was released on 2018 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: "After the financial crisis, countries around the world significantly expanded the objectives and powers of central banks. As central banks have acquired more powers, the trade-off between independence and accountability has become more complex and as a result, the pre-crisis academic consensus around central bank independence has broken down. Popular discontent towards central banks is growing. A new model of central bank independence is needed."--Abstract.