Open Issues in European Central Banking

Open Issues in European Central Banking
Author :
Publisher : Springer
Total Pages : 218
Release :
ISBN-10 : 9780333981887
ISBN-13 : 033398188X
Rating : 4/5 (88X Downloads)

Book Synopsis Open Issues in European Central Banking by : L. Smaghi

Download or read book Open Issues in European Central Banking written by L. Smaghi and published by Springer. This book was released on 2000-01-04 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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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