Accountability Mechanisms of Major Central Banks and Possible Avenues to Improve the ECB's Accountability
Étude
15-09-2020
Independece of monetary authorities is a key tenet of modern central banking. Indepedence, however, must go hand in hand with accountability towards the public and its elected representatives. Four studies were prepared for the ECON Committee by the Monetary Expert Panel, comparing the accountability practices of major central banks in other juristictions (the Bank of England, the Swiss National Bank, the Bank of Japan and the Federal Reserve) with those of the European Central Bank (ECB) and offering recommendations on how to improve the ECB's accoutability framework.
Étude
Auteur externe
Rosa M. LASTRA, Charles WYPLOSZ, Grégory CLAEYS, Marta DOMÍNGUEZ-JIMÉNEZ, Karl WHELAN
À propos de ce document
Type de publication
Mot-clé
- Banque centrale européenne
- cadre politique
- FINANCES
- institutions de l'Union européenne et fonction publique européenne
- libre circulation des capitaux
- politique monétaire unique
- pouvoir exécutif et administration publique
- surveillance financière
- séparation des pouvoirs
- transparence administrative
- UNION EUROPÉENNE
- VIE POLITIQUE
- économie monétaire