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18:00 - 19:30 29 May 2013
The Politics of Central Banking - Accountability and Independence in a Complex World
Gustave Tuck Lecture Theatre |
Gower St | London | WC1E 6BT | United Kingdom
Ticketing: Pre-booking essential
Sir John Gieve, Visiting Professor, UCL School of Public Policy
Sir John Gieve, Former Deputy Governor of the Bank of England will give his Inaugural Lecture in his role of visiting Professor at UCL .
The authority and independence of Central Banks had probably never been higher than in 2007 when the financial crisis derailed the Western economy. Five years on they have emerged with additional powers and with their independence confirmed and it is governments which take the flak for languishing economies. Have we got the balance of powers and responsibilities between Banks and Governments right? In a world where inflation targeting has come under question and new economic policies are being developed, what sort of Central Bank independence is appropriate and possible?
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