This book, written by a multinational team of experts, explores the changing face of central banking in Eastern Europe in the light of modern macroeconomic thinking, providing important and novel insights into the design of monetary policy institutions. With its authoritative content, this book will interest students and academics involved with money and banking, macroeconomics and Eastern European studies. Professionals working for financial institutions will also find plenty that will appeal within these pages. ÍNDICE: 1. The Changing Role of Central Banks in Market Economics 2. Theoretical Perspectives on Central Bank Independence 3. Central Bank Independence and Macroeconomic Performance: A Survey of the Evidence 4. The Background to Reform: Central Banking in a Command Economy 5. Central Bank Independence in Poland 6. Central Bank Independence in the Czech Republic 7. Central Bank Independence in Romania 8. Central Bank Independence in Bulgaria 9. Independent Central Banks around the World 10. Central Bank Independence and Economic Performance in Eastern Europe: An Overview