MAS, Ignacio Mas creator text 1995 monographic Discusses the reasons why the institution of an independent central bank may not necessarily bring about its professed benefits. Explores central bank-government relations, concentrating on the potential for conflict between monetary and fiscal policy. Supports the observation that the benefits of central bank independence are less likely to obtain in less developed economies with shallow financial markets. 3/7/00 M2LMGR 20260716043332.0