Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-27658
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dc.contributor.authorHartwell, Christopher Andrew-
dc.date.accessioned2023-04-19T14:17:32Z-
dc.date.available2023-04-19T14:17:32Z-
dc.date.issued2023-01-25-
dc.identifier.issn2152-2820de_CH
dc.identifier.issn2194-6051de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/27658-
dc.description.abstractIn July 2021, the European Central Bank (ECB) published a new monetary policy strategy, the first time in 17 years that it had undertaken a review of its monetary policy. In the intervening time, the world – and the economic challenges facing the ECB – have changed immensely but partly as a result of the ECB’s own maneuvering. In particular, monetary policy has been relied upon for every single malaise facing the global economy, including and up to the coronavirus pandemic. This paper argues that a review of central banks as an institutional mechanism in general, and in particular the ECB, was overdue but should not have been limited to policies; instead, an opportunity was missed to have an institutional review to examine whether or not it has been performing as intended. In particular, the vast experiment of unconventional monetary policy/issuance should have been more scrutinized from an institutional level as it appears to have contributed to the current problems the European economy faces. Europe and the ECB would be well served by taking stock of its actions over the past two decades and especially during the era of unconventional monetary policy to find a sustainable route forward.de_CH
dc.language.isoende_CH
dc.publisherDe Gruyterde_CH
dc.relation.ispartofAccounting, Economics, and Law: A Conviviumde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subjectEuropean Central Bankde_CH
dc.subjectMonetary policyde_CH
dc.subjectInstitutionde_CH
dc.subjectUncertaintyde_CH
dc.subjectCentral bank independencede_CH
dc.subject.ddc332.1: Bankende_CH
dc.titleWhat is the European Central Bank supposed to do?de_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitInternational Management Institute (IMI)de_CH
dc.identifier.doi10.1515/ael-2020-0035de_CH
dc.identifier.doi10.21256/zhaw-27658-
zhaw.funding.euNode_CH
zhaw.issue2de_CH
zhaw.originated.zhawYesde_CH
zhaw.pages.end242de_CH
zhaw.pages.start217de_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.volume13de_CH
zhaw.embargo.end2024-01-25de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
Appears in collections:Publikationen School of Management and Law

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Hartwell, C. A. (2023). What is the European Central Bank supposed to do? Accounting, Economics, and Law: A Convivium, 13(2), 217–242. https://doi.org/10.1515/ael-2020-0035
Hartwell, C.A. (2023) ‘What is the European Central Bank supposed to do?’, Accounting, Economics, and Law: A Convivium, 13(2), pp. 217–242. Available at: https://doi.org/10.1515/ael-2020-0035.
C. A. Hartwell, “What is the European Central Bank supposed to do?,” Accounting, Economics, and Law: A Convivium, vol. 13, no. 2, pp. 217–242, Jan. 2023, doi: 10.1515/ael-2020-0035.
HARTWELL, Christopher Andrew, 2023. What is the European Central Bank supposed to do? Accounting, Economics, and Law: A Convivium. 25 Januar 2023. Bd. 13, Nr. 2, S. 217–242. DOI 10.1515/ael-2020-0035
Hartwell, Christopher Andrew. 2023. “What Is the European Central Bank Supposed to Do?” Accounting, Economics, and Law: A Convivium 13 (2): 217–42. https://doi.org/10.1515/ael-2020-0035.
Hartwell, Christopher Andrew. “What Is the European Central Bank Supposed to Do?” Accounting, Economics, and Law: A Convivium, vol. 13, no. 2, Jan. 2023, pp. 217–42, https://doi.org/10.1515/ael-2020-0035.


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