Study Of Central Bank Independence

Regarding the contemporary Central Bank, independence is its most important nature, because this directly relates to whether a country's Central Bank is truly " worthy of the reputation", whether truly has the formulation and the execution of monetary policy authority, whether regards the price stability achievement as the monetary policy goal. Although research on the Central Bank independence only was recently more than 20 years matter, but it's influence to the various countries central banking system choice was very big, many countries all carried on enhancing the Central Bank Independence reform. In our country, since "People's Bank Law" has promulgated from 1995, discussion on the Central Bank independence also throughout is a hot topic. Then, enhancing the Central Bank Independence whether really has the economical rationality? The theory about Enhancing the Central Bank Independence whether has in the practice stratification plane? Whether China's Central Bank does have the independence? How effective enhances our country Central Bank independence? This is precisely a goal which this article's subject and research goal.This article altogether divides into three chapters, the first chapter summarizes the definition of Central Bank independence (CBI) and index measuring CBI, and measures China's CBI; Second chapter is the Central Bank Independence theory, the empirical analysis and the concrete practice analysis. Based on the theory, links to the Chinese reality, Third Chapter carries on the analysis to China's Central Bank Independence, and above this foundation proposes tentative plan to enhance our country's Central Bank Independence.First chapter, the Central Bank independent connotation and its measuring index. Central Bank's independence refers to that a country...