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สถาบันวิจัยเศรษฐกิจป๋วย อึ๊งภากรณ์
Puey Ungphakorn
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Call for Papers: PIER Research Workshop 2025
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PIER Economics Seminarsseminars
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1 July 2025
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Central Bank Reviews

ห้องประชุม Auditorium / Microsoft Teams
Ozer Karagedikli
Central Bank Reviews

What lessons can central banks learn from past reviews to improve future policy design and governance?

Abstract

As part of central bank accountability, many central banks in de­veloped countries have undergone reviews, from the Svensson Review of the Reserve Bank of New Zealand, in 2001, to the Bernanke Review of the Bank of England in 2024. In some cases, central banks' legis­lation requires regular review. This paper analyzes twenty reviews of nine central banks over the past three decades. It outlines the role of independence in contributing to lower inflation, and draws together emerging themes from the reviews considered collectively, including independence, mandate evaluation, framework evaluation, governance structure, additional monetary policy tools, enabling decision-making under uncertainty, and interaction with other policy arms.

เอกสารที่เกี่ยวข้อง

  • เอกสารนำเสนอ
  • Working paper
Ozer Karagedikli
Ozer Karagedikli
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The views expressed in this workshop do not necessarily reflect the views of the Puey Ungphakorn Institute for Economic Research or the Bank of Thailand.
Ozer Karagedikli
Ozer Karagedikli

Puey Ungphakorn Institute for Economic Research

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Phone: 0-2283-6066

Email: pier@bot.or.th

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