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Three Ideas to Improve the International Role of the ECB
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Corporate Editor
Forschungsinstitut der Deutschen Gesellschaft für Auswärtige Politik e.V.
Abstract The ECB has been forced - in part by the COVID-19 crisis - to review its bilateral arrangements with foreign central banks. But the recent changes made by the ECB fall short of the European Commission’s ambitions to boost the international role of the euro. We suggest the ECB should put in place an ... view more
The ECB has been forced - in part by the COVID-19 crisis - to review its bilateral arrangements with foreign central banks. But the recent changes made by the ECB fall short of the European Commission’s ambitions to boost the international role of the euro. We suggest the ECB should put in place an alternative three-pillar framework to improve the international role of the ECB and cement its pivotal role in the international financial system.... view less
Keywords
European Central Bank; EU; Euro; bilateral relations; fiscal policy
Classification
Financial Planning, Accountancy
European Politics
Document language
English
Publication Year
2021
City
Berlin
Page/Pages
5 p.
Series
DGAP Commentary, 4
ISSN
1864-3477
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0