Special issue: Central banking in the 21st century - A crisis of accountability?

Baerg, Nicole; Cross, James

doi:10.1016/j.ejpoleco.2022.102294

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The Political Problem Of Ecb Communication With the European...1

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2023

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Cited by 6 publications

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“…The political conundrum of ECB communication with the EP stems from the inherent tension between the central bank's far-reaching legal independence, on the one hand, and the normative requirement for accountability in representative democracies, on the other (Amtenbrink & van Duin 2009;Baerg & Cross 2022;Bongardt & Torres 2022: ch. 10;Grünewald & van 't Klooster 2023;Schonhardt-Bailey 2022).…”

Section: The Political Problem Of Ecb Communication With the European...mentioning

confidence: 99%

On the Monetary Dialogue between the European Central Bank and the European Parliament: From monetary monologue to dialogue—and beyond?

Diessner

2023

Preprint

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This essay traces the evolution of the communication between the European Central Bank (ECB) and the European Parliament (EP) over the past 25 years of Monetary Dialogues between the two supranational institutions. The essay begins with a reflection on the political problem of central bank communication. It then sketches out three distinct phases of ECB-EP relations over time. The main contention is that ECB communication with the EP has started, and should continue, to move from a one-way street to a multi-way street, in the interest of further improving the democratic credentials of EMU.

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Section: The Political Problem Of Ecb Communication With the European...mentioning

confidence: 99%