Policy-Making in the European Central Bank : The Masters of Europe's Money

Drawing on numerous interviews with high-ranking and founding members of the ECB, Karl Kaltenthaler identifies and explains the factors that shape the domestic and international monetary strategies of the European Central Bank (ECB). The policy-making model that offers the best roadmap to a healthy economy is that of the German Bundesbank. To secure the long-term needs of the economy, the decision-makers in the ECB have created a model that attempts to replicate the Bundesbank's success at the European level and to lend credibility to their own policies. Offering unprecedented access to the internal decision-making at the ECB, Policy-Making in the European Central Bank will interest readers who want to understand this important European institution.