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The impact of European Monetary Union enlargement on Central Banks

Publisher
Springer US
Year
2003
Tongue
English
Weight
153 KB
Volume
31
Category
Article
ISSN
0197-4254

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## Abstract In this paper we analyse the ESCB as a federal central bank system. First, the degree of decentralization of the ESCB will be briefly compared with its predecessor, the Deutsche Bundesbank, and its counterweight in the US, the Federal Reserve System. Moreover, the development during the