La justification ordo-libérale de l'indépendance des banques centrales

Eric Dehay

Revue Française d'Économie, 1995, vol. 10, issue 1, 27-53

Abstract: [fre] Ce texte présente quelques éléments de la théorie ordo-libérale qui symbolise le renouveau de la pensée économique allemande, notamment pendant les années cinquante. Il se focalise essentiellement sur les problèmes monétaires en cherchant à situer les propositions ordo-libérales en matière d'organisation des institutions monétaires par rapport au récent débat sur l'indépendance des banques centrales. [eng] This text describe the monetary conceptions of German Neo-Liberals who symbolise the revival of German economic thinking during and after the fifties. A theoretical justification of cental bank independence appears of this conception: the independence is seen as an element of the separation of powers in the State. In the perspective of construction of an independent European central bank, this argument seems to be important for examining the question of independence from different points of view.

Date: 1995
Note: DOI:10.3406/rfeco.1995.971
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