Policymaking in the European Central Bank
Regular price
€62.99
A01=Karl Kaltenthaler
Author_Karl Kaltenthaler
Category=KCP
Category=KFFK
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Product details
- ISBN 9780742553675
- Weight: 313g
- Dimensions: 152 x 229mm
- Publication Date: 17 Aug 2006
- Publisher: Bloomsbury Publishing Plc
- Publication City/Country: US
- Product Form: Paperback
Secure
checkout
Fast Shipping
Easy returns
Drawing on numerous interviews with high-ranking and founding members of the European Central Bank (ECB), Karl Kaltenthaler identifies and explains the factors that shape the bank's domestic and international monetary strategies. As at all institutions, politics are very much involved in policy-making at the ECB. Kaltenthaler finds that instead of being unconcerned with how the bank's policies impact the citizens of the Eurozone, the central bankers desire to keep the economy healthy. This desire is driven by the central bankers' two primary personal preferences: to appear competent to as much of society as possible and to maintain broad political support for their operational independence. The policy-making model that offers the best roadmap to a healthy economy is that of the German Bundesbank. To secure the long-term needs of the economy, the decisionmakers in the ECB have created a model that attempts to replicate the Bundesbank's success at the European level and to lend credibility to their own policies. Offering unprecedented access to the internal decisionmaking at the ECB, Policymaking in the European Central Bank will interest readers who want to understand this important European institution.
Karl Kaltenthaler is faculty fellow in the Bliss Institute for Applied Politics at the University of Akron. He also teaches in the Department of Political Science at Case Western Reserve University.
