Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/299083 
Year of Publication: 
2023
Citation: 
[Journal:] Journal of Central Banking Theory and Practice [ISSN:] 2336-9205 [Volume:] 12 [Issue:] 3 [Year:] 2023 [Pages:] 61-85
Publisher: 
Sciendo, Warsaw
Abstract: 
The independence of Central Banks is still considered tobe a credibility factor in ensuring price stability. Thus, many centralbanks in transition countries have undergone a change in their stat-utes in order to achieve greater independence from governments. Inthis vein, within a decade, North African Central Banks have put inplace a new institutional framework for their monetary policy. Inthis article, we will attempt to assess and measure the legal (de jure)and real (de facto) independence of these Central Banks (Morocco,Algeria, Libya, Tunisia, Egypt).
Subjects: 
Central Bank Independence
monetary policy
NorthAfrica
JEL: 
E42
E58
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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