Democratic Legitimation of Central Bank Independence in the European Union

Download Democratic Legitimation of Central Bank Independence in the European Union PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 3030751155
Total Pages : 177 pages
Book Rating : 4.0/5 (37 download)

DOWNLOAD NOW!


Book Synopsis Democratic Legitimation of Central Bank Independence in the European Union by : Cornelia Manger-Nestler

Download or read book Democratic Legitimation of Central Bank Independence in the European Union written by Cornelia Manger-Nestler and published by Springer Nature. This book was released on 2021-05-29 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: This short monograph examines the tense relationship between central bank independence and democratic legitimation, which has changed as the European Central Bank (ECB) has been entrusted with new tasks and faced unprecedented challenges. The financial and sovereign debt crisis, in particular, has affected the ECB's position within the Economic and Monetary Union without substantial changes in the Union's legal framework. However, the evolution of an institution primarily obligated to maintain price stability into an actor involved in sustaining financial stability, performing banking supervision and supporting economic policy raises the question of whether the high level of autonomy granted to the ECB is justified with regard to the principle of democracy that demands adequate accountability and control. This book identifies requirements for the democratic legitimation of central bank action in relation to specific tasks. Further, it analyses other scales of independence encountered in EU law in order to allow readers to gain a better conceptual understanding of central bank independence.

The European Central Bank

Download The European Central Bank PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 023050311X
Total Pages : 272 pages
Book Rating : 4.2/5 (35 download)

DOWNLOAD NOW!


Book Synopsis The European Central Bank by : D. Howarth

Download or read book The European Central Bank written by D. Howarth and published by Springer. This book was released on 2004-12-17 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Independence and Legitimacy in the Institutional System of the European Union

Download Independence and Legitimacy in the Institutional System of the European Union PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0191082449
Total Pages : 300 pages
Book Rating : 4.1/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Independence and Legitimacy in the Institutional System of the European Union by : Dominique Ritleng

Download or read book Independence and Legitimacy in the Institutional System of the European Union written by Dominique Ritleng and published by Oxford University Press. This book was released on 2016-02-12 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: As EU non-majoritarian bodies such as the European Commission, the Court of Justice of the European Union, and the European Central Bank grow in political influence, many have identified the pressing need to keep these bodies accountable to the repositories of the EU's democratic legitimacy. This collection of essays sheds light on the inherent tension between independence and legitimacy in the EU's institutional system and explores the options of reconciling the two. Featuring analysis from both legal and political perspectives, the volume assesses whether, to what extent, and how it is possible to control the various EU independent bodies and make them answerable for what they do, while at the same time upholding their independence.

Central Bank Independence

Download Central Bank Independence PDF Online Free

Author :
Publisher : BRILL
ISBN 13 : 9004481303
Total Pages : 238 pages
Book Rating : 4.0/5 (44 download)

DOWNLOAD NOW!


Book Synopsis Central Bank Independence by : Jan Kleineman

Download or read book Central Bank Independence written by Jan Kleineman and published by BRILL. This book was released on 2021-10-18 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: In December 1999, prior to the forming of a Stockholm Centre for Commercial Law, an international symposium entitled Central Bank Independence was held at the Department of Law at Stockholm University in co-operation with the Swedish Central Bank (The Riksbank) and Queen Mary and Westfield College, London University. The participants were principally political, economic and legal specialists in the field, all with considerable international experience. This led to the topic being examined in detail from many different perspectives. This publication includes contributions by the participants and contains many important facts for those readers who wish to study and understand the different consequences of the yielding of control over financial policymaking by the traditional political organisations to a body of experts. For readers in some countries, who realise that the subject will revolutionise traditional Constitutional and Administrative Law, the topic and therefore this publication, cannot be ignored.

Independence and Legitimacy in the Institutional System of the European Union

Download Independence and Legitimacy in the Institutional System of the European Union PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0191082457
Total Pages : 300 pages
Book Rating : 4.1/5 (91 download)

DOWNLOAD NOW!


Book Synopsis Independence and Legitimacy in the Institutional System of the European Union by : Dominique Ritleng

Download or read book Independence and Legitimacy in the Institutional System of the European Union written by Dominique Ritleng and published by Oxford University Press. This book was released on 2016-02-11 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: As EU non-majoritarian bodies such as the European Commission, the Court of Justice of the European Union, and the European Central Bank grow in political influence, many have identified the pressing need to keep these bodies accountable to the repositories of the EU's democratic legitimacy. This collection of essays sheds light on the inherent tension between independence and legitimacy in the EU's institutional system and explores the options of reconciling the two. Featuring analysis from both legal and political perspectives, the volume assesses whether, to what extent, and how it is possible to control the various EU independent bodies and make them answerable for what they do, while at the same time upholding their independence.

The European Central Bank between the Financial Crisis and Populisms

Download The European Central Bank between the Financial Crisis and Populisms PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 3030443485
Total Pages : 197 pages
Book Rating : 4.0/5 (34 download)

DOWNLOAD NOW!


Book Synopsis The European Central Bank between the Financial Crisis and Populisms by : Corrado Macchiarelli

Download or read book The European Central Bank between the Financial Crisis and Populisms written by Corrado Macchiarelli and published by Springer Nature. This book was released on 2020-08-25 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​In light of the handover from the European Central Bank President Mario Draghi to Christine Lagarde in November 2019, this book provides an in-depth analysis of the events which unfolded since the euro area sovereign debt crisis in 2010 up until today. The book focuses on the far-reaching implications of the last decade, shedding light on a wide spectrum of political, economic and financial aspects of the European poly-crises and how monetary policy reacted to these challenges. The book places particular emphasis on the tensions that the supranational central bank was subject to during this period, and on their outcomes in terms of the policies, their legitimacy, and their public reception. As such, this book will be relevant not only to understand the political implications of the past crisis but also, and foremost, in understanding "what is next".

Balance of Power

Download Balance of Power PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226825477
Total Pages : 212 pages
Book Rating : 4.2/5 (268 download)

DOWNLOAD NOW!


Book Synopsis Balance of Power by : Éric Monnet

Download or read book Balance of Power written by Éric Monnet and published by University of Chicago Press. This book was released on 2024-04-23 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central banks now stand between societies and collapse, but are they still democratic? Two decades of financial crises have dramatically expanded central banks’ powers. In 2008, and then again in 2020, unelected banking officials found themselves suddenly responsible for the public welfare—not just because it was necessary but based on an idea that their independence from political systems would insulate them from the whims of populism. Now, as international crises continue and the scope of monetary interventions grows in response, these bankers have become increasingly powerful. In Balance of Power, economist and historian Éric Monnet charts the rise of central banks as the nominally independent—but unavoidably political—superpowers of modern societies. This trajectory, Monnet argues, is neither inevitable nor unstoppable. By embracing the political natures of today’s central banks, we can construct systems of accountability for how they interact with states and societies. Monnet shows that this effort will do more than guard against unjust power; it will put the banks to work for greater, more democratic ends. With existential challenges looming and the work of the Federal Reserve and European Central Bank more important than ever, Balance of Power offers a trenchant case for what this century’s central banks can—and must—become.

The Democratic Accountability of Central Banks

Download The Democratic Accountability of Central Banks PDF Online Free

Author :
Publisher : Hart Publishing
ISBN 13 :
Total Pages : 472 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis The Democratic Accountability of Central Banks by : Fabian Amtenbrink

Download or read book The Democratic Accountability of Central Banks written by Fabian Amtenbrink and published by Hart Publishing. This book was released on 1999-03-19 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: European Monetary Union will lead directly to the transfer of authority over monetary policy from Member States to the European System of Central Banks. This volume explores the implications of such a shift.

Unelected Power

Download Unelected Power PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 0691196303
Total Pages : 662 pages
Book Rating : 4.6/5 (911 download)

DOWNLOAD NOW!


Book Synopsis Unelected Power by : Paul Tucker

Download or read book Unelected Power written by Paul Tucker and published by Princeton University Press. This book was released on 2019-09-10 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tucker presents guiding principles for ensuring that central bankers and other unelected policymakers remain stewards of the common good.

Experts and Democratic Legitimacy

Download Experts and Democratic Legitimacy PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 100074051X
Total Pages : 283 pages
Book Rating : 4.0/5 (7 download)

DOWNLOAD NOW!


Book Synopsis Experts and Democratic Legitimacy by : Eva Krick

Download or read book Experts and Democratic Legitimacy written by Eva Krick and published by Routledge. This book was released on 2020-05-21 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts and Democratic Legitimacy challenges the technocratic reading of expert bodies, such as central banks, advisory committees and regulatory agencies. Expert contributors ask in what way expert bodies are subject to some of the key pressures in contemporary governance, such as democratisation, politicisation and expertisation. Based on empirical studies, the book traces the multiple social ties of expert bodies and refines the common perception of expert bodies as ‘de-politicised’ institutions that are detached from political interference and societal input. It further theorises the tension and reconcilability between reliable, independent expert knowledge on the one hand and the need for accountability and legitimacy in modern policy-making on the other hand. Refining the detached, de-politicised image of non-majoritarian institutions, Experts and Democratic Legitimacy will be of great interest to scholars of European studies, political and social theory, modern governance and policy-making. This book was originally published as a special issue of European Politics and Society.

The Politics of Economic and Monetary Union

Download The Politics of Economic and Monetary Union PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1461560853
Total Pages : 252 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!


Book Synopsis The Politics of Economic and Monetary Union by : Petri Minkkinen

Download or read book The Politics of Economic and Monetary Union written by Petri Minkkinen and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: If the plans concerning EMU will be realised, by 2002 national currencies will be replaced by the Euro and national central banks will be partially replaced by the European Central Bank. The Politics of Economic and Monetary Union starts with the argument that EMU is more a political than an economic project. It develops this theme by addressing five different questions. First, precisely what is the general role of EMU in the globalising political economy? Second, how EMU will change the power relations and the relationship between `political' and `economic'? Third, what effects will EMU have on generally accepted values - including for example efficiency, self-determination, and democracy? Fourth, how does the EMU-related politics of symbols - including money - take part in constructing political identities? And last, but certainly not least, what effects EMU will have on the social and political dimension of the Union and thus also on its legitimacy? The politics of EMU includes many dimensions. The book tries to explain the hegemony of the neoliberal and German vision of Europe in the context of recent development in the global political economy. It assesses the consequences of this hegemony and the possibility for alternatives from a variety of perspectives. In many chapters, it is also argued that the legitimation problems of the Union may turn into an acute crisis also because of EMU. We should expect an actualised crisis to lead to a transformation of the Union.

The European Central Bank

Download The European Central Bank PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262262452
Total Pages : 277 pages
Book Rating : 4.2/5 (622 download)

DOWNLOAD NOW!


Book Synopsis The European Central Bank by : Jakob De Haan

Download or read book The European Central Bank written by Jakob De Haan and published by MIT Press. This book was released on 2005-04-15 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 European System of Central Banks

Download The European System of Central Banks PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis The European System of Central Banks by : Barbara Dutzler

Download or read book The European System of Central Banks written by Barbara Dutzler and published by . This book was released on 2003 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the communitarisation of monetary policy and the establishment of a European Central Bank (ECB), the idea of insulating a central bank from the political process was realised to a degree yet undreamed of. The result, the asymmetric construction of Economic and Monetary Union (EMU), makes it difficult to democratically legitimise the exercise of power by the autonomous actor ECB. In this regard, EMU can be conceived as a parable for the respective difficulties of the European Union. As a still rare example for a combination of juridical and economic point of view, this volume makes this challenge subject of discussion. By means of comparison with the American central banking system, the book probes the ECB's institutional design, attempts to define the ECB's status in EMU, and looks for ways towards a more democratically legitimated economic and monetary policy.

Legal Aspects of the European System of Central Banks

Download Legal Aspects of the European System of Central Banks PDF Online Free

Author :
Publisher :
ISBN 13 : 9789291817016
Total Pages : 414 pages
Book Rating : 4.8/5 (17 download)

DOWNLOAD NOW!


Book Synopsis Legal Aspects of the European System of Central Banks by : Liber Amicorum

Download or read book Legal Aspects of the European System of Central Banks written by Liber Amicorum and published by . This book was released on 2005 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The book contains a collection of articles on the European Union and the European System of Central Banks (ESCB), the Eurosystem, monetary law, central bank independence and central bank statutes as well as on financial law. The authors are current or former members of the Legal Committee of the ESCB (LEGCO). This book commemorates ten years of work by the Working Group of Legal Experts of the European Monetary Institute and by the LEGCO. It is dedicated to Mr Paolo Zamboni Garavelli, former Head of the Legal Department at the Banca d'Italia and member of LEGCO, who died in 2004."--Editor.

The Politics of the Euro-zone

Download The Politics of the Euro-zone PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0199241643
Total Pages : 322 pages
Book Rating : 4.1/5 (992 download)

DOWNLOAD NOW!


Book Synopsis The Politics of the Euro-zone by : Kenneth H. F. Dyson

Download or read book The Politics of the Euro-zone written by Kenneth H. F. Dyson and published by Oxford University Press. This book was released on 2000 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended for scholars and Students of Politics, European Union Politics, 20th Century European History, Public Policy, Economic History, Journalists, Political Analysts, and Policy Makers.

Central Bank Independence and the Future of the Euro

Download Central Bank Independence and the Future of the Euro PDF Online Free

Author :
Publisher :
ISBN 13 : 9781788211536
Total Pages : 0 pages
Book Rating : 4.2/5 (115 download)

DOWNLOAD NOW!


Book Synopsis Central Bank Independence and the Future of the Euro by : Panicos O. Demetriades

Download or read book Central Bank Independence and the Future of the Euro written by Panicos O. Demetriades and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Financial Crisis Management and Democracy

Download Financial Crisis Management and Democracy PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 3030548953
Total Pages : 372 pages
Book Rating : 4.0/5 (35 download)

DOWNLOAD NOW!


Book Synopsis Financial Crisis Management and Democracy by : Bettina De Souza Guilherme

Download or read book Financial Crisis Management and Democracy written by Bettina De Souza Guilherme and published by Springer Nature. This book was released on 2020-12-09 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism. The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America.