E-Book, Englisch, Web PDF
Reihe: Finance Matters
ISBN: 978-1-78821-296-0
Verlag: Agenda Publishing
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
This book sets out the history, development and day-to-day workings of this key institutional pillar of the European Union. It assesses its work, independence, the policies and instruments at its disposal and the evolution of its role during, and after, the eurozone crisis of 2010. Incomplete monetary union, Germany's hegemonic ambitions and different economic policies from individual member countries are shown to pose formidable challenges to the ECB's macroeconomic management.
Autoren/Hrsg.
Weitere Infos & Material
1. Introduction: European integration
2. From Bretton Woods to European Monetary Union
3. The Maastricht Treaty and the Stability and Growth Pact
4. The ECB’s structure and its political and legal framework
5. Preconditions for a stable monetary union
6. The failure of the 2-pillar strategy of the ECB and the revival of Wicksell
7. Increasing economic fragility before the financial market crisis
8. Monetary policy and the Great Recession
9. Monetary policy and the escalation of the euro crisis up to 2012
10. The ECB holds the euro together
11. The fiscal policy framework in the ECB
12. Financial market supervision, banking union and financial market regulation
13. Prospects for European policy making and the EMU