Policymaking in the European Central Bank

Drawing on numerous interviews with high-ranking and founding members of the European Central Bank (ECB) Karl Kaltenthaler identifies and explains the factors that shape the bank's domestic and international monetary strategies. The policy-making model that offers the best roadmap to a healthy economy is that of the German Bundesbank. To secure the long-term needs of the economy the decisionmakers in the ECB have created a model that attempts to replicate the Bundesbank's success at the European level and to lend credibility to their own policies. Offering unprecedented access to internal decisionmaking at the ECB <I>Policymaking in the European Central Bank</I> will interest readers who want to understand this important European institution.