1st Edition

Central Banking Systems Compared The ECB, The Pre-Euro Bundesbank and the Federal Reserve System

By Emmanuel Apel Copyright 2003
    238 Pages
    by Routledge

    240 Pages
    by Routledge

    This new study provides a comprehensive survey of the recently established European financial system in comparison to previous European systems and the US Federal Reserve. This well-written contribution to financial economics should be of interest to academics as well as professionals concerned with financial systems around the world.

    1. Historical Background and Basic Institutional Features2. Objectives, Independence, Transparency and Accountability3. Monetary Policy: Strategy, Instruments and Actions4. Economic Policy Coordination in the Eurozone


    Emmanuel Apel is Associate Professor of Economics at the University of Ottawa, Canada.