Lucrezia Reichlin | Populism and the future of central banking4 min read 30 Dec 2016, 12:44 AM IST
A large question for 2017 is whether central-bank independence should be defended against the coming populist attack
Throughout 2016, populist movements in developed countries have set their sights on central-bank independence. To the populist bull, unelected technocrats wielding policies that have political and distributional consequences may as well be waving a red cape.
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