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Rowman & Littlefield Publishers Policy-making in the European Central Bank: The Masters of Europe's Money (Governance in Europe) (Governance in Europe (Hardcover))

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Description

Drawing on numerous interviews with high-ranking and founding members of the European Central Bank (ECB), Karl Kaltenthaler identifies and explains the factors that shape the banks domestic and international monetary strategies. As at all institutions, politics are very much involved in policy-making at the ECB. Kaltenthaler finds that instead of being unconcerned with how the banks policies impact the citizens of the Eurozone, the central bankers desire to keep the economy healthy. This desire is driven by the central bankers two primary personal preferences: to appear competent to as much of society as possible and to maintain broad political support for their operational independence. The policy-making model that offers the best roadmap to a healthy economy is that of the German Bundesbank. To secure the long-term needs of the economy, the decisionmakers in the ECB have created a model that attempts to replicate the Bundesbanks success at the European level and to lend credibility to their own policies. Offering unprecedented access to the internal decisionmaking at the ECB, Policymaking in the European Central Bank will interest readers who want to understand this important European institution.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
17 August 2006
Listed Since
10 December 2006

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