January 26, 2021
Jeremy Leaman, Loughborough University
Macroeconomic policy within the so-called advanced economies has, for more than four decades, been dominated by “central bankism” and its ideological cousins, monetarism, ordo-liberalism and supply-sidism.
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The Hegemony of Central Bankism and Authoritarian Neoliberalism as Obstacles to Human Progress and Survival”
January 18, 2021
Agnieszka Smoleńska, European Banking Institute
How to assure sufficient democratic control of central banks, in particular those in advanced economies?.
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Opening up ECB’s Black Box and Painting it Green – the Monetary Policy Mandate in the Age of New Challenges and Uncertainty”
January 18, 2021
Brigitte Young, University of Münster
An important and still contested issue is the introduction of unconventional monetary policies of central banks in high-income countries. Quantitative Easing (QE) was first introduced in Japan in the 1980s to stimulate the economy.
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The Distributive Impact of Central Banks’ Quantitative Easing Program”
January 18, 2021
Jamee K. Moudud, Sarah Lawrence College
In recent years a number of authors have argued that in order to achieve vital social and environmental goals such as the Green New Deal, legislatures must democratize the banking system including the central bank which is at the heart of the financial system.
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Money and the Debunking of Myths”
January 18, 2021
Sebastian Diessner, European University Institute and London School of Economics
The European Central Bank is in the process of reviewing its strategy, having vowed to ‘leave no stone unturned’ in a quest to render its monetary policy framework ‘fit for years to come’.
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Post-Crisis Central Banking and the Struggle for Democratic Oversight in Europe – a Trilemma and a Paradox”
January 18, 2021
Jens van't Klooster, KU Leuven
The European Central Bank is not in an easy spot. It is expected to do much more than before 2008, but also stay within a mandate conceived in the 1980s.
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The ECB, the climate and the interpretation of “price stability””
January 4, 2021
Marco Dani, University of Trento, Edoardo Chiti, Sant'Anna Scuola Universitaria Superiore Pisa, Joana Mendes, University du Luxembourg, Agustín José Menéndez, Universidad Complutense de Madrid, Harm Schepel, University of Kent, Michael A. Wilkinson, London School of Economics
Asked recently whether the European Central Back (ECB) would provide debt relief to Eurozone Member States by cancelling their bonds that it holds, President of the ECB Christine Lagarde replied categorically that it would not, because the Treaty forbids it.
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Beneath the Spurious Legality of the ECB’s Monetary Policy”
January 4, 2021
Annelise Riles, Northwestern University
In a recent interview with the Financial Times, Vladimir Putin declared liberalism has become obsolete.
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Rekindling Public Trust in Central Bankers in an Era of Populism”
November 19, 2020
Will Bateman, Australian National University
Unconventional monetary policies, particularly quantitative easing (QE), have pushed central banks into unchartered territories, triggering anxieties about (hyper-)inflation, asset bubbles and central bank credibility.
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Will Bateman, Quantitative Easing, Quasi-Fiscal Power and Constitutionalism”