| Policymaking in the European Central Bank: The Masters of Europe's Money Contributor(s): Kaltenthaler, Karl (Author) |
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ISBN: 0742553663 ISBN-13: 9780742553668 Publisher: Rowman & Littlefield Publishers OUR PRICE: $141.57 Product Type: Hardcover - Other Formats Published: August 2006 Annotation: 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 bank's domestic and international monetary strategies. 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 Bundesbank's success at the European level and to lend credibility to their own policies. Offering unprecedented access to internal decisionmaking at the ECB, Policymaking in the European Central Bank will interest readers who want to understand this important European institution. |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Comparative - Political Science | Public Policy - Economic Policy - Business & Economics | Money & Monetary Policy |
| Dewey: 339.530 |
| LCCN: 2006007403 |
| Series: Governance in Europe (Hardcover) |
| Physical Information: 0.63" H x 6" W x 9" (1.04 lbs) 204 pages |
| Descriptions, Reviews, Etc. |
| Publisher 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 bank's 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 bank's 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 Bundesbank's 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. |