Democratic Legitimation of Central Bank Independence in the European Union - Couverture souple

Manger-Nestler, Cornelia; Gentzsch, Markus

 
9783030751173: Democratic Legitimation of Central Bank Independence in the European Union
Couverture souple
ISBN 10 : 3030751171 ISBN 13 : 9783030751173
Editeur : Springer, 2022

Synopsis

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. 

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

​Dr. Cornelia Manger-Nestler, LL.M. (Eur. Int.), is full professor of German and International Economic and Business Law at the Faculty of Business Administration and Industrial Engineering at Leipzig University of Applied Sciences (HTWK Leipzig).

Markus Gentzsch was research assistant at the chair of German and International Economic and Business Law at the Faculty of Business Administration and Industrial Engineering at Leipzig University of Applied Sciences (HTWK Leipzig) and is now desk officer at the Federal Ministry of Finance.


Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Springer
Date d'édition
2022
Langue
anglais
ISBN 10 
3030751171
ISBN 13 
9783030751173
Reliure
Broché
Nombre de pages
184
Coordonnées du fabricant
ProductSafety@springernature.com
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Poststr. 9
Darmstadt
64293
Allemagne

Autres éditions populaires du même titre

9783030751142: Democratic Legitimation of Central Bank Independence in the European Union

Edition présentée

ISBN 10 :  3030751147 ISBN 13 :  9783030751142
Editeur : Springer Nature Switzerland AG, 2021
Couverture rigide