The Urgent Need for a Review of the ECB's Monetary Policy Strategy: Towards an Institutional Review
Eingehende Analyse
15-11-2019
It has been sixteen years since the European Central Bank has undertaken a review of its monetary policy. In the intervening time, the world – and the economic challenges facing the ECB – have changed immensely. This paper argues that a review is overdue but that it should not be limited to policies; instead, an institutional review is needed. This would consist of a backward-looking assessment of outcomes versus mandates, coupled with a forward-looking scenario planning exercise. This document was provided by Policy Department A for the European Parliament's Committee on Economic and Monetary Affairs.
Eingehende Analyse
Externe Autor
Christopher A. HARTWELL
Über dieses Dokument
Art der Veröffentlichung
Politikbereich
Schlagwortliste
- Bankenaufsicht
- einheitliche Währungspolitik
- Euro-Währungsgebiet
- EUROPÄISCHE UNION
- Europäische Zentralbank
- Finanzaufsicht
- FINANZWESEN
- Freier Kapitalverkehr
- Geld- und Kreditwesen
- Geldwirtschaft
- Institutionen der Europäischen Union und Europäischer Öffentlicher Dienst
- Preis
- Preisstabilität
- WIRTSCHAFT
- Wirtschaftsanalyse
- Wirtschaftsanalyse
- Währungsbeziehungen