Is the ECB sufficiently accountable and transparent ?

  title={Is the ECB sufficiently accountable and transparent ?},
  author={Lorenzo Bini-Smaghi and Daniel Gros},
More than two years after its inception, the ECB is still perceived as lacking transparency by many academics and market participants. 1 Our analysis, based on a series of indicators, suggests instead that the ECB is, at least on paper, one of the most transparent and accountable central banks. The discrepancy between theory and public perception suggests that much remains to be done within the given institutional framework to improve the transparency of the ECB. What is the best way to achieve… CONTINUE READING


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