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Central banks are the most competent institutions for maintaining and sustaining their countries’ economic stability. Central banks in Africa, including Bank of Zambia are changing as the continent develops increasingly integrated with the global financial system It is imperative that central banks have legal independence besides their actual sense of the independence, but others may dispute stating that the central bank and government should coordinate their action for the purpose of achieving some specific priority macro-economic objective. Therefore, this essay will critically discuss whether the Bank of Zambia is independent.
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- Mukosha Mutenta (Autor:in), 2019, Is the Bank of Zambia independent?, München, GRIN Verlag, https://www.grin.com/document/490360
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