Table of contents

  1. Front Matter
    Pages i-xix
  2. David Howarth, Peter Loedel
    Pages 51-86
  3. David Howarth, Peter Loedel
    Pages 117-142
  4. David Howarth, Peter Loedel
    Pages 143-185
  5. David Howarth, Peter Loedel
    Pages 186-210
  6. Back Matter
    Pages 211-272

About this book


David Howarth and Peter Loedel provide a theoretically inspired account of the creation, design and operation of the European Central Bank. Issues explored include the theoretical approaches to the ECB, the antecedents of European monetary authority, the different national perspectives on central bank independence, the complex organisation of the bank, the issues of accountability and the difficult first years of the ECB in operation.


bank European Central Bank monetary policy money

Authors and affiliations

  • David Howarth
    • 1
  • Peter Loedel
    • 2
  1. 1.The School of Social and Political StudiesUniversity of EdinburghUK
  2. 2.Department of Political ScienceWest Chester UniversityUK

Bibliographic information

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