Central Bank Independence and the Future of the Euro PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Central Bank Independence and the Future of the Euro PDF full book. Access full book title Central Bank Independence and the Future of the Euro by Panicos O. Demetriades. Download full books in PDF and EPUB format.

Central Bank Independence and the Future of the Euro

Author: Panicos O. Demetriades
Publisher:
ISBN: 9781788211550
Category : BUSINESS & ECONOMICS
Languages : en
Pages :

Book Description

Central Bank Independence and the Future of the Euro

Author: Panicos O. Demetriades
Publisher:
ISBN: 9781788211550
Category : BUSINESS & ECONOMICS
Languages : en
Pages :

Book Description

Central Bank Independence and the Future of the Euro

Author: Panicos O. Demetriades
Publisher:
ISBN: 9781788211536
Category : Euro
Languages : en
Pages : 0

Book Description
Over the past decade central banks have taken on new and expanded roles in an attempt to manage the global financial crisis. Panicos Demetriades, former governor of the Central Bank of Cyprus during the country's bailout in 2013, examines the role of the ECB and its adoption of these new powers.

The European Central Bank

Author: D. Howarth
Publisher: Springer
ISBN: 023050311X
Category : Business & Economics
Languages : en
Pages : 272

Book Description
David Howarth and Peter Loedel provide a theoretically inspired account of the creation, design and operation of the European Central Bank. Issues explored include the theoretical approaches to the ECB, the antecedents of European monetary authority, the different national perspectives on central bank independence, the complex organization of the bank, the issues of accountability and the difficult first years of the ECB in operation.

The European Central Bank

Author: Jakob De Haan
Publisher: MIT Press
ISBN: 0262262452
Category : Business & Economics
Languages : en
Pages : 277

Book Description
An examination of the debates on European Central Bank monetary policy, focusing on issues of transparency, credibility, and accountability and the effect of the ECB's decentralized structure. The adoption of the euro in 1999 by 11 member states of the European Union created a single currency area second in economic size only to the United States. The euro zone's monetary policy is now set by the European Central Bank (ECB) and its Governing Council rather than by individual national central banks. This CESifo volume examines issues that have arisen in the first years of ECB monetary policy and analyzes the effect that current ECB policy strategy and structures may have in the future. After a detailed description and assessment of ECB monetary policy making that focuses on such issues as price stability and the predictability of policy decisions, the book turns to two important issues faced by European central bankers: the transparency and credibility of decision making and the ECB's decentralized structure. After showing that transparency in decision making enhances credibility, the book discusses the ECB's efforts at openness, its political independence as guaranteed by law, and its ultimate accountability. The book then considers the effects of the decentralized ECB structure, focusing on business cycle synchronization, inflation differentials, and differences in monetary policy transmission in light of the enlargement of the monetary union. The book also discusses options for ECB institutional reforms, including centralization, vote weighting, and cross-border regional banks.

The Future of the Euro Currency

Author: Paul-Jacques Lehmann
Publisher: John Wiley & Sons
ISBN: 1786303132
Category : Business & Economics
Languages : en
Pages : 192

Book Description
The advent of the euro was a revolution for the 340 million people who exchanged their former currencies – considered a fundamental element of national sovereignty – for this new single currency. Encouraged by some who believe that its introduction gives more cohesion and strength to Europe in an increasingly globalized economy, the euro is criticized by others who believe that the constraints it imposes are a source of austerity and favor northern European countries at the expense of countries in the south. The Future of the Euro Currency traces the evolution of the monetary policy which the European Central Bank instituted at a time when economic, monetary and financial crises were legion. The book presents, as objectively as possible, the advantages and disadvantages of this new currency, while considering the improvements that could promote its durability.

Central Bank Independence and the Legacy of the German Past

Author: Simon Mee
Publisher: Cambridge University Press
ISBN: 1108499783
Category : Business & Economics
Languages : en
Pages : 373

Book Description
A study of the power struggle between Germany's central bank and the West German government to control monetary policy in the post-war era.

Do Central Banks Serve the People?

Author: Peter Dietsch
Publisher: John Wiley & Sons
ISBN: 1509525807
Category : Philosophy
Languages : en
Pages : 140

Book Description
Central banks have become the go-to institution of modern economies. In the wake of the 2007 financial crisis, they injected trillions of dollars of liquidity – through a process known as quantitative easing – first to prevent financial meltdown and later to stimulate the economy. The untold story behind these measures, and behind the changing roles of central banks generally, is that they have come at a considerable cost. Central banks argue we had no choice. This book offers a powerfully original examination of why this claim is false. Using examples from Europe and the US, the authors present and analyse three specific concerns about the way central banks in developed economies operate today. Firstly, they show how unconventional monetary policies have created significant unintended negative consequences in terms of inequalities in income and wealth. They go on to argue that central banks may have become independent of governments, but have instead become worryingly dependent on financial markets. They then proceed to analyse how central bankers, despite being the undisputed experts on monetary policy, can still err and suffer from multiple forms of bias. This book is a sobering and urgent wake-up call for policy-makers and anyone interested in how our monetary and financial system really works.