After fifty years the Deutsche Bundesbank - the central bank that dominated European monetary affairs - has stepped down to entrust monetary policy to the European Central Bank (ECB). This is the first research work to thoroughly explore the lessons to be learned from the Bundesbank by the ECB, in areas such as price stability and political interference.
'The authors in this book are all experts in this field, and their perspective is refreshingly interdisciplinary, linking political science and economics. In this book they fill a marked gap in research literature.' - European Foundation For Management Development
'This volume is a truly rich source for further studies.' - Weltwirtschaftliches Archiv