Friday, September 18, 2009

Independent Central Bank III


"Lanoviy said that the structure of the National Bank needs to be changed so that the supervisory council and board are not controlled by businessmen, or their representatives. “In France’s National Bank, for example, the supervisory board consists of people who work at scientific or educational institutions,” he said. “When bankers, members of parliament or government are appointed, it opens the door to abuse and lobbying of business interests.”


I already volunteered to provide some hints for possible candidates some posts ago!

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