Establishing a Central Bank: Issues in Europe and Lessons from the U.S.

Much recent discussion has focused on the prospects for monetary unification in Europe and the possible creation of a European central bank. This book discusses in detail the possible structure and operational procedures of such a bank and investigates their implications for the community's member states and for the global economy. Presented at a conference organized jointly by the Centre for Economic Policy Research, Georgetown University's Center for German and European Studies and the In...