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Operation of the central bank

PostPosted: Mon May 22, 2017 2:06 am
by Hrafn
Law: Government policy concerning the operation of the central bank (if a central bank exists)

Category: Economy

Options:
1. The central bank is an independent organ.
2. The government appoints the executive board of the central bank, but does not directly interfer in its operation.
3. The central bank is under the direct control of the Head of State.
4. The central bank is under the direct control of the Ministry of Finance.
5. The central bank is under the direct control of the legislature.

Re: Operation of the central bank

PostPosted: Sat Jun 03, 2017 5:35 am
by Auditorii
Hrafn wrote:Law: Government policy concerning the operation of the central bank (if a central bank exists)

Category: Economy

Options:
1. The central bank is an independent organ.
2. The government appoints the executive board of the central bank, but does not directly interfer in its operation.
3. The central bank is under the direct control of the Head of State.
4. The central bank is under the direct control of the Ministry of Finance.
5. The central bank is under the direct control of the legislature.


If I might make some suggestions:

Law name: Policy on Central Bank oversight and regulation (if a central bank exists)
Law category: Economics

The central bank is an entirely independent agency of the government
The government appoints the head of the central bank and an executive board to manage the central bank and does not interfere in its operations
The government appoints the head of the central bank and an executive board to manage the central bank and can interfere with its operations
The central bank is underneath the direct oversight of the head of state
The central bank is underneath the direct oversight of the head of government
The central bank is underneath the direct oversight of the Ministry of Finance (Default value)
The central bank is underneath the direct oversight of the national legislature

Large increase in decentralization, large increase in regulation
Small increase in centralization, large increase in regulation
Moderate increase in centralization, large increase in regulation
Small increase in centralization, small increase in regulation
Small increase in centralization, small increase in regulation
Small increase in centralization, small increase in regulation
Small increase in centralization, small increase in regulation

Re: Operation of the central bank

PostPosted: Mon Jul 03, 2017 8:31 pm
by Axxell
More the options more the fun! Me too agree with Auditorii And these proposals about the banking system are fantastic!