Who guards the guardians of monetary stability and financial stability? That is the key question behind the debate about the accountability of the Bank of England

Lastra, R. M. (2011). Who guards the guardians of monetary stability and financial stability? That is the key question behind the debate about the accountability of the Bank of England.
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Rosa Lastra unpicks the debate surrounding the accountability of the increasingly powerful Bank of England. She argues that the Bank of England should be made accountable to Parliament, and calls for a better understanding of how we should assess the Bank’s role in creating financial stability.

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