The period of coverage of the CBIE index is also extended from a historical perspective, as the data presented in this paper start in the year of the first available legislation, i.e. [...] Reforms and trends in central bank independence To assess the number of reforms and trends in central bank independence (CBI), I meticulously gather all central bank charters and their amendments spanning the period from 1923 to 2023. [...] www.suerf.org/publications/ SUERF Policy Brief, No 843 2 New data and recent trends in central bank independence Figure 1: Central Bank legislative reforms (1950-2023) Note: The figure shows the frequency of reforms that increased/decreased the CBIE index, together with the cumulative number of reforms in central bank independence between 1950 and 2023. [...] Figure 3: Evolution of Central Bank Independence (1950-2023) Note: The figure shows the evolution of the CBIE, GMT and CWN indices of central bank independence between 1950 and 2023. [...] Figure 4: Evolution of CBI by level of economic development Note: The figure shows the evolution of the average degree of independence across central banks grouped based on the 2022 World Bank income classification.
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