The responsibility and accountability are therefore immense........Central banking is therefore not for the faint of heart.” We cannot, therefore, make the excuse of being small central banks, as a limiting factor to our research capabilities, because the responsibility and accountability we play in our small economies are immense.
Our business is about bringing value and benefits to our citizens as policy making institutions and while research allows us as policymakers to do our job better, good research lends credibility and improves the quality of our policy. So we ask the question, what is necessary to produce good research at the central bank?