strategy and decision making at the European Central Bank /
Otmar Issing [and others].
New York :
Cambridge University Press,
2001.
1 online resource (x, 199 pages) :
illustrations
Includes bibliographical references (pages 179-193) and index.
Money, output and prices: the scope of monetary policy -- Monetary policy making: strategies and rules -- The euro area: an overview -- The ECB strategy: defining price stability -- The role of money -- A broadly based assessment -- The ECB strategy: an overall view -- The operational framework -- Accountability and transparency -- The single monetary policy in 1999.
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How and for whose benefit the European Central Bank (ECB) will work is the most important issue facing Europe. A team from the ECB, including Otmar Issing it's Chief Economist, here present a non-technical analysis of the ECB's monetary policy strategy, institutional features and procedures.