Average of the following components: Payment of the initial capital of the central bank, Authorized capital of the central bank, Central bank financial autonomy, Arrangements for automatic recapitalization, Transfers of money from the treasury, Central bank approves its annual budget, Central bank adopt its annual balance sheet, Auditing agency, Allocation of net profits, Allocation of profits to a general reserve fund, Partial payments of dividends before the end of the fiscal year, Unrealized profits included in the calculation of distributable profits.
The index ranges from 0 to 1 where 0 corresponds to the lowest level of independence to 1, the highest level.
Type of variable: Continuous
Downloaded by QoG on: 2023-10-20 Last updated by source: 2022-03-04