A central bank needs authority and a sphere of independent action. But a central bank cannot become an unelected czar with sweeping, unaccountable discretionary

Papers from Central Bank Governance and Oversight Reform: A Policy Conference, held May 21, 2015, at the Hoover Institution, Stanford University.

This report by the Central Bank Governance Group presents information intended to help decision-makers set up governance arrangements that are most suitable for

Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the internation

How to assess securities clearance and settlement systems, based on international standards and best practices.