With the start of EMU, the Eurosystem has taken over monetary policy for the 11 countries of the Euro-area. But the division of powers within the Eurosystem, between the European Central Bank and the constituent National Central Banks, is not satisfactory. This volume provides an analysis of the strengths and weaknesses of the Eurosystem and offers concrete proposals concerning the decision-making organs, balance sheets and the distribution of seigniorage.
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LORENZO BINI SMAGHI is Deputy Director for International Affairs at the Italian Treasury, Rome.
DANIEL GROS is Deputy Director and Senior Research Fellow, Centre for European Policy Studies, Brussels (CEPS), Head of Economic Policy Programme.
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Zustand: New. With EMU, the Eurosystem now runs monetary policy for the 11 countries of the Euro area. The division of powers between the European Central Bank and the constituent National Central Banks is analyzed here, with concrete proposals on decision making, balance sheets and seigniorage. Num Pages: 218 pages, biography. BIC Classification: 1QFE; KCL; KFFK. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 216 x 140 x 19. Weight in Grams: 424. . 2000. Hardback. . . . . Books ship from the US and Ireland. Artikel-Nr. V9780333779132
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