Accountability Mechanisms of Major Central Banks and Possible Avenues to Improve the ECB's Accountability
Studio
15-09-2020
Independece of monetary authorities is a key tenet of modern central banking. Indepedence, however, must go hand in hand with accountability towards the public and its elected representatives. Four studies were prepared for the ECON Committee by the Monetary Expert Panel, comparing the accountability practices of major central banks in other juristictions (the Bank of England, the Swiss National Bank, the Bank of Japan and the Federal Reserve) with those of the European Central Bank (ECB) and offering recommendations on how to improve the ECB's accoutability framework.
Studio
Autore esterno
Rosa M. LASTRA, Charles WYPLOSZ, Grégory CLAEYS, Marta DOMÍNGUEZ-JIMÉNEZ, Karl WHELAN
Informazioni sul documento
Tipo di pubblicazione
Parole chiave
- Banca centrale europea
- economia monetaria
- FINANZE
- istituzioni dell'Unione europea e funzione pubblica europea
- libera circolazione dei capitali
- politica monetaria unica
- potere esecutivo e amministrazione pubblica
- quadro politico
- separazione dei poteri
- trasparenza amministrativa
- UNIONE EUROPEA
- vigilanza finanziaria
- VITA POLITICA