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Central banks’ independence – necessity or redundancy?
14.07.2014 | Grzegorz Poniatowski
***This piece was originally published on Forbes.pl
Since the establishment of the first central bank in 1668 – the Swedish Riskbank – the goals and ways of functioning of central banks have undergone significant evolution. During the past 350 years the mission of central banks has been many a time redefined, and their relationship with governments has been constantly reevaluated.
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