Central bank independence (CBI) has often been presented as a superior institutional arrangement demonstrated by economists in the 1980s for achieving a common good in a non-partisan manner. In this article, we argue that this view must be challenged. The growing gap between theory and practices makes plausible a further shift of the institutional arrangement towards a democratization of monetary policy.
The objective of the conference was to improve our understanding of the interaction between climate and innovation policies in this multi-layer governance landscape by bringing together scholars in economics working on innovation policies, multilateral agreements, and sectoral climate policies.