European Parliament Library

La Banque Centrale européenne et la politique monétaire

Summary
The European Central Bank announced last December that it would review the current monetary framework which was finalised and presented to the public on May, 8th. The objective of this paper is to contribute to an ongoing debate on the European Central Bank and its monetary policy, by assessing the main features of the current system and pointing out some ideas that could make the current framework more efficient in transparency and policy effectiveness. In order to reach that goal, I shall start by briefly describing the historical perspective with the aim of explaining the main steps that were taken to reach that current system. Following that, I will illustrate the composition of the ECB and its mandate as defined by the treaty. Some of the criticisms to the way price stability is supposed to be achieved will be mentioned
Literary Form
non fiction
Physical Description
1 online resource (30 p.)
Form Of Item
online

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