The ECB and euro-area enlargement /

The ECB and euro-area enlargement /

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Bibliographic Details
Author / Creator:	Berger, Helge.
Imprint:	[Washington, D.C.] : International Monetary Fund, ©2002.
Description:	1 online resource (54 pages)
Language:	English
Series:	IMF working paper, 2227-8885 ; WP/02/175 IMF working paper ; WP/02/175.
Subject:	European Central Bank. European Central Bank. Monetary unions -- European Union countries. Monetary policy -- European Union countries. Euro. Euro. Monetary policy. Monetary unions. European Union countries.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/13510578

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. European I Department.
ISBN:	1451904088 9781451904086 1462306470 9781462306473 1452792569 9781452792569 1282107844 9781282107847 9786613801197 6613801194
Notes:	Includes bibliographical references (pages 50-54). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
Summary:	The likely enlargement of euro-area membership will radically change the environment under which monetary policy will be made in the euro area. Within less than a decade, the number of member countries in the euro area could more than double, with the vast majority of accession countries being relatively small in economic terms, compared with current members. Absent reforms, such a significant but asymmetric expansion could impede the effectiveness of the institutional policymaking process of the European Central Bank (ECB) and be seen by some as resulting in the overrepresentation of small member countries in the ECB Council. The paper illustrates these issues, describes the principles on which reforms of the ECB statute could build, and discusses four specific institutional reform scenarios. The analysis coincides with the ECB Council being scheduled to present suggestions for reform by late 2002.
Other form:	Print version: Berger, Helge. ECB and euro-area enlargement. [Washington, D.C.] : International Monetary Fund, ©2002
Standard no.:	10.5089/9781451904086.001

Description
Summary:	The likely enlargement of euro-area membership will radically change the environment under which monetary policy will be made in the euro area. Within less than a decade, the number of member countries in the euro area could more than double, with the vast majority of accession countries being relatively small in economic terms, compared with current members. Absent reforms, such a significant but asymmetric expansion could impede the effectiveness of the institutional policymaking process of the European Central Bank (ECB) and be seen by some as resulting in the overrepresentation of small member countries in the ECB Council. The paper illustrates these issues, describes the principles on which reforms of the ECB statute could build, and discusses four specific institutional reform scenarios. The analysis coincides with the ECB Council being scheduled to present suggestions for reform by late 2002.
Physical Description:	1 online resource (54 pages)
Format:	Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:	Includes bibliographical references (pages 50-54).
ISBN:	1451904088 9781451904086 1462306470 9781462306473 1452792569 9781452792569 1282107844 9781282107847 9786613801197 6613801194
ISSN:	2227-8885 ;