Cookies?
Library Header Image
LSE Research Online LSE Library Services

Bundesbank-government relations in Germany in the 1990s: from GEMU to EMU

Duckenfield, Mark (1999) Bundesbank-government relations in Germany in the 1990s: from GEMU to EMU. West European Politics, 22 (3). pp. 87-108. ISSN 1743-9655

Full text not available from this repository.
Identification Number: 10.1080/01402389908425317

Abstract

The Bundesbank's widely-discussed independence ascribes it only discretionary power in the realm of monetary policy, but its influence can extend into other areas of economic policy. Since the government retains the initiative in these policy realms, the Bundesbank's influence consists of being able to mold the form rather than the direction of government policy. To exercise this influence, however, the Bundesbank must have public opinion on its side. An examination of the government-Bundesbank relationship as it touched upon the cases of Economic and Monetary Union in Germany (1990) and Europe (1990-98) reveals the extent and limitations of the Bundesbank's influence over economic policy. It concludes by exploring the consequences of these findings on the influence of the European Central Bank (ECB).

Item Type: Article
Official URL: http://www.tandf.co.uk/journals/titles/01402382.as...
Additional Information: © 1999 Taylor & Francis
Subjects: J Political Science > JZ International relations
J Political Science > JA Political science (General)
J Political Science > JN Political institutions (Europe)
Sets: Departments > International Relations
Date Deposited: 30 May 2008 10:57
Last Modified: 01 Oct 2010 08:54
Funders: Krupp Foundation, Minda de Gunzburg Center for European Studies
URI: http://eprints.lse.ac.uk/id/eprint/5064

Actions (login required)

View Item View Item