Central Bank Independence in Transition Economies

3.2. Previous Works on CBI in Transition Countries 

Although the problem of CBI in transition economies seems to be an interesting 

research area, there were only few attempts to examine this topic so far. Because of the 

limited access to previous results

6

, I will discuss only two works in details. 

                                              

6

 Cukierman (1992) gives references to various papers presented on the conference on the 

Constitutional Status of Central Banks in Eastern Europe and to Hinton-Braaten (1994) where 

---