The Fear of Freedom : Politicians and the Independence and Accountability of Financial Sector Supervisors »
Series: IMF Working Papers
Author(s): Michael Taylor , Marc Quintyn , and Silvia Ramirez
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2007
Keywords: financial regulation, agency independence, public administration accountability, banking, banking supervision, supervisory agency, central banking, Financial Institutions and Services: Government Policy and Regulation, Public Economics: Miscellaneous Issues: Other, Economics of Regulation,
Compared with the case of central bank independence, independence for financial sector supervisors remains more controversial. This paper analyzes changes in independence and accountability arrangements in a set of...