Central bank independence in Poland from 1924-26

ARTICLE - In an article in Public Budgeting & Finance, Gail Makinen from the Congress Library looks at the success of Poland's 1924-26 stabilisation plan. She concludes that a balanced budget may be more important to achieving price stability than arrangements to foster central bank independence.

An Independent Central Bank and an Independent Monetary Policy: The Role of the Government Budget-The Case of Poland 1924-26

By Gail E. Makinen from Library of Congress

Poland's 1924 stabilization plan

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