Central Banks in the Age of the Euro: Europeanization, Convergence, and Power
Author(s): Kenneth Dyson (Editor), Martin Marcussen
Publisher: Oxford University Press
Publication Date: October 4, 2009
Edition: 1st
Language: English
Print length: 474 pages
ISBN-10: 0199218234
ISBN-13: 9780199218233
Book Description
This book brings together a range of recognized academic specialists to examine the main political aspects of this question. How, and in what ways, has the euro Europeanized central banks (members and non-members of the Euro Area)? What have been its effects on the power of central banks and their use of power? Has the euro generated convergence or divergence in central banking? The book offers the first, in-depth and systematic political analysis of central banks in the first decade of the euro. It places the euro in its global and European contexts, including the US Fed and the Australasian central banks, patterns of differentiated integration in European central banking, and the European Central Bank. It offers a set of case studies of its effects on a representative sample of EU central banks (euro ‘insiders’ and ‘outsiders’) and looks at four main thematic areas (monetary policy, financial market supervision, accountability and transparency, and research).
Editorial Reviews
Review
The age of the euro has cast central banks in a newly prominent role in European integration and in macro-economic policy making in Europe. This book examines the effects of the euro as the new European single currency on the central banks of the member states of the European Union.
Book Description
The age of the euro has cast central banks in a newly prominent role in European integration and in macro-economic policy making in Europe. This book examines the effects of the euro as the new European single currency on the central banks of the member states of the European Union.
From the Publisher
Professor Kenneth Dyson is Research Professor in European Politics in the School of European Studies, Cardiff University, Wales. He is a Fellow of the British Academy; an Academician of the Learned Societies of the Social Sciences; and a Fellow of the Royal Historical Society. He was awarded the German Federal Service Cross (first class) and is co-editor of the journal German Politics.
Martin Marcussen is Associate Professor of Politics at Copenhagen University.
About the Author
Professor Kenneth Dyson is Research Professor in European Politics in the School of European Studies, Cardiff University, Wales. He is a Fellow of the British Academy; an Academician of the Learned Societies of the Social Sciences; and a Fellow of the Royal Historical Society. He was awarded the German Federal Service Cross (first class) and is co-editor of the journal German Politics.
Martin Marcussen is Associate Professor of Politics at Copenhagen University.