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Why Too Much Transparency is a Bad Thing: The WarshReview on Transparency in the BoE’s Monetary PolicyCommittee

Schonhardt-Bailey, Cheryl (2014) Why Too Much Transparency is a Bad Thing: The WarshReview on Transparency in the BoE’s Monetary PolicyCommittee. British Politics and Policy at LSE (11 Dec 2014). Website.

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Abstract

Following the review of the Monetary Policy Committee’s (MPC) transparency practices and procedures, the Bank of England today published a report by former Federal Reserve Board Governor Kevin Warsh. Warsh makes five broad recommendations for creating a balance between the demand for greater transparency and the intrinsic defence of genuine deliberation as the foundation for sound policymaking. Cheryl Schonhardt-Bailey finds the report is a novel approach to the conundrum that transparency poses to good public policy in the face of uncertainty.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy
Additional Information: © 2014 The Author(s) CC BY-NC-ND 3.0; Online
Divisions: LSE
Subjects: J Political Science > JF Political institutions (General)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Sets: Collections > British Politics and Policy at LSE
Date Deposited: 03 May 2017 09:07
Last Modified: 30 Jun 2020 23:11
URI: http://eprints.lse.ac.uk/id/eprint/75133

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