The New European Central Bank: Taking Stock and Looking Ahead Beukers Thomas
The New European Central Bank: Taking Stock and Looking Ahead Beukers Thomas The European Central Bank (ECB) was first introduced in the European legal order on the occasion of the Treaty of…
Specifikacia The New European Central Bank: Taking Stock and Looking Ahead Beukers Thomas
The New European Central Bank: Taking Stock and Looking Ahead Beukers Thomas
The European Central Bank (ECB) was first introduced in the European legal order on the occasion of the Treaty of Maastricht (1992). Part 1 examines the substantive changes to monetary policy introduced by the ECB as a consequence of the financial and sovereign debt crisis by considering their legal basis. An official EU institution which is governed by EU law, the ECB of modern times differs vastly from its inception in 1998, which manifests in three main ways: monetary policy options, consideration of concerns other than low inflation in its policy-making, and its role in the Banking Union.This edited collection offers a retrospective and prospective account of the ECB, charting its evolution in detail with chapters written by leading academics and practitioners.
Part 2 moves beyond monetary policy by shifting to the new roles that the ECB has been called upon to play,