A common criticism of central banks in developing nations led by despotic dictatorships is that they lack

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Central banks that lack independence from political influence are susceptible to government pressure to print more money or manipulate interest rates for political gain. This can lead to inflation and other economic problems. It is important for central banks to be able to make decisions based on economic considerations without political interference. Control by political parties, corruption, and understanding of economics are also important factors, but lack of independence is the most significant issue that can undermine the effectiveness of a central bank.

A Common Criticism of Central Banks in Developing Nations Led