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The European Central Bank, Italy and the next Eurozone crisis

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  • Ryan, John

Abstract

The European Central Bank (ECB) is the least accountable central bank among advanced nations. Its degree of independence has only one precedence: the German Reichsbank, a central bank with one of history’s most disastrous records. The lessons of German history do not seem to be interpreted correctly by the ECB.

Suggested Citation

  • Ryan, John, 2018. "The European Central Bank, Italy and the next Eurozone crisis," LSE Research Online Documents on Economics 91314, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:91314
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    More about this item

    Keywords

    Bundesbank; European Central Bank; Eurozone;
    All these keywords.

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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