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The Politics of Monetary Leadership and Followership: Stability in the European Monetary System since the Currency Crisis of 1992

โœ Scribed by Rawi Abdelal

Book ID
108532015
Publisher
John Wiley and Sons
Year
1998
Tongue
English
Weight
525 KB
Volume
46
Category
Article
ISSN
0032-3217

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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