THE EUROPEAN CENTRAL BANK The New European Leviathan? David J. Howarth and Peter Loedel

Availability: Now In Stock From Palgrave Macmillan Pub date: Jul 2003 256 pages Size 5 1/2 x 8 1/4

Description
David Howarth and Peter Loedel provide a theoretically inspired account of the creation, design, and operation of the European Central Bank, (ECB). Issues explored include the theoretical approaches to the ECB, the antecedents of European monetary authority, the different national perspectives on central bank independence, the complex organization of the bank, the issues of accountability and the difficult first years of the ECB in operation.


Author Bio
David J. Howarth is Lecturer in European Politics, Queen Mary College, University of London.

Peter Loedl is Associate Professor and Chair, West Chester University, Pennsylvania.


Praise for European Central Bank
'Probably the best theoretical and historical introduction to the ECB yet published...should be compulsory reading for any newspaper editor tempted to run a scaremongering euro horror story.' - Eurobusiness


Table of contents
Preface: The European Central Bank; A New European Leviathan? Analytical and Theoretical Approaches to the Study of the European Central Bank The Long and Winding Road to the ECB: European Monetary Authority in the Prehistory of EMU Managing Europe's Money: The Organization, Powers and Functions of the ECB The Independence of the ECB A Question of Credibility: A Short History of ECB Monetary Policy Conclusion: The ECB and the Future of Europe