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Licensed Unlicensed Requires Authentication Published by De Gruyter November 17, 2018

The European Central Bank, Italy and the Next Eurozone Crisis

  • John Ryan EMAIL logo
From the journal The Economists’ Voice

Abstract

The European Central Bank (ECB) is the least accountable central bank among advanced nations. Its degree of independence has only one precedence: the German Reichsbank, a central bank with one of history’s most disastrous records. The lessons of German history do not seem to be interpreted correctly by the ECB.

References

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Werner, Richard A. 2006. “A Comparative Analysis of the Independence of the ECB, the Bundesbank and the Reichsbank.” International Finance Review 6: 1–16.Search in Google Scholar

Published Online: 2018-11-17

©2018 Walter de Gruyter GmbH, Berlin/Boston

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