The democratic accountability of the European Central Bank

The European Central Bank (ECB) is considered to be an institution with a high level of accountability compared with other central banks. However, the matter has yet to be investigated in practice. Accountability of the ECB will have to be checked by governing bodies both within and outside the ECB...

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Bibliographic Details
Main Author: L. BINI-SMAGHI
Format: Article
Language:English
Published: Associazione Economia civile 1998-06-01
Series:PSL Quarterly Review
Subjects:
Online Access:http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10593/10477
Description
Summary:The European Central Bank (ECB) is considered to be an institution with a high level of accountability compared with other central banks. However, the matter has yet to be investigated in practice. Accountability of the ECB will have to be checked by governing bodies both within and outside the ECB as well as the public. A survey is undertaken of the main reasons for central bank accountability, especially for the ECB.
ISSN:2037-3635
2037-3643