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Democratic legitimation of Central B...
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Manger-Nestler, Cornelia.
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Democratic legitimation of Central Bank Independence in the European Union
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Democratic legitimation of Central Bank Independence in the European Union/ by Cornelia Manger-Nestler, Markus Gentzsch.
作者:
Manger-Nestler, Cornelia.
其他作者:
Gentzsch, Markus.
出版者:
Cham :Springer International Publishing : : 2021.,
面頁冊數:
xiv, 167 p. :ill., digital ;24 cm.
內容註:
Introduction -- Central Bank Independence and Democracy -- Dimensions of Independence in the Various Tasks of the ECB -- Independence as a Structural Characteristic of European Union Law -- Democratic Legitimation and Control of Central Bank Action -- Conclusion.
Contained By:
Springer Nature eBook
標題:
Banks and banking, Central - European Union countries. -
電子資源:
https://doi.org/10.1007/978-3-030-75115-9
ISBN:
9783030751159
Democratic legitimation of Central Bank Independence in the European Union
Manger-Nestler, Cornelia.
Democratic legitimation of Central Bank Independence in the European Union
[electronic resource] /by Cornelia Manger-Nestler, Markus Gentzsch. - Cham :Springer International Publishing :2021. - xiv, 167 p. :ill., digital ;24 cm.
Introduction -- Central Bank Independence and Democracy -- Dimensions of Independence in the Various Tasks of the ECB -- Independence as a Structural Characteristic of European Union Law -- Democratic Legitimation and Control of Central Bank Action -- Conclusion.
This short monograph examines the tense relationship between central bank independence and democratic legitimation, which has changed as the European Central Bank (ECB) has been entrusted with new tasks and faced unprecedented challenges. The financial and sovereign debt crisis, in particular, has affected the ECB's position within the Economic and Monetary Union without substantial changes in the Union's legal framework. However, the evolution of an institution primarily obligated to maintain price stability into an actor involved in sustaining financial stability, performing banking supervision and supporting economic policy raises the question of whether the high level of autonomy granted to the ECB is justified with regard to the principle of democracy that demands adequate accountability and control. This book identifies requirements for the democratic legitimation of central bank action in relation to specific tasks. Further, it analyses other scales of independence encountered in EU law in order to allow readers to gain a better conceptual understanding of central bank independence.
ISBN: 9783030751159
Standard No.: 10.1007/978-3-030-75115-9doiSubjects--Corporate Names:
819096
European Central Bank.
Subjects--Topical Terms:
695324
Banks and banking, Central
--European Union countries.
LC Class. No.: HG2980.5.A7 / M35 2021
Dewey Class. No.: 332.11094
Democratic legitimation of Central Bank Independence in the European Union
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