G2TT
来源类型Book
规范类型其他
ISBN9781898128632
Preparing the ECB for Enlargement
其他题名CEPR Policy Paper #6
Richard E. Baldwin; Francesco Giavazzi; Erik Berglöf; Mika Widgren
发表日期2002-02-01
出版者Center for Economic Policy Research, February 1, 2002
出版年2002
语种英语
摘要
preparing_ecb_enlarge

As the European Monetary Union begins to add member nations, central bank governors of each new member will become entitled to a vote on the European Central Bank’s (ECB) key decisionmaking body, the Governing Council. Euroland’s interest-setting body will thus expand from its current 18 members to 30 or more. The Bank’s decisionmaking structure has worked well so far, having proved its mettle in a series of challenges—the Russian and LTCM crises, the oil and food price hikes, the stock market tech-wreck and the U.S. economic slowdown. But is the ECB ready for the challenge of enlargement? This report argues that the substantial increase of voters in the Governing Council will adversely affect the efficiency of the Bank’s decisionmaking structure. The authors believe that this potential enlargement is a matter of urgent concern, and challenge the ECB and/or the European Commission to formulate a response to this challenge.

URLhttps://www.brookings.edu/book/preparing-the-ecb-for-enlargement/
来源智库Brookings Institution (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/285395
推荐引用方式
GB/T 7714
Richard E. Baldwin,Francesco Giavazzi,Erik Berglöf,et al. Preparing the ECB for Enlargement. 2002.
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