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Open Issues in European Central Banking

Open Issues in European Central Banking

Hardcover

AccountingEconomics

ISBN10: 0333779134
ISBN13: 9780333779132
Publisher: Palgrave
Published: Jan 5 2000
Pages: 209
Weight: 0.94
Height: 0.63 Width: 5.50 Depth: 8.50
Language: English
With the start of EMU, the Eurosystem has taken over monetary policy for the 11 countries of the Euro-area. But the division of powers within the Eurosystem, between the European Central Bank and the constituent National Central Banks, is not satisfactory. This volume provides an analysis of the strengths and weaknesses of the Eurosystem and offers concrete proposals concerning the decision-making organs, balance sheets and the distribution of seigniorage.

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