No epistocracy without representation? The case of the European Central Bank
Bibliographic Data
| ID | 7989557 |
|---|---|
| Authors | Christopher Lord (0000-0003-1963-8541, University of Oslo, corresponding author) |
| Year | 2018 |
| Volume | 20 |
| Issue | 1 |
| Pages | 1-15 |
| Publication date | 2018-09-03 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | European Politics and Society (JOURNAL) |
| Journal identifiers | ISSN: 2374-5126 • E-ISSN: 2374-5118 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/23745118.2018.1515868 |
| OpenAlex | W2891027662 |
| Language | EN |
| Citations received | 2 |
| References cited | 31 |
I argue the European Central Bank shows how mutually defining are i) the epistemic assumptions of independent central banking; ii) the powers of a central bank; iii) the political order in which it operates and iv) representative claims. I identify three ‘representative turns’ whose effects have cumulated over the history of the ECB: the first towards including representative claims in justifications for independent central banking; the second, towards a monetary dialogue between the ECB and the European Parliament; the third, towards providing the ECB with some means of discussing with parliaments how it should act in emergencies.\nThis is an Accepted Manuscript of an article published by Taylor & Francis, available online: http://www.tandfonline.com
Central bank · Economics · Financial system · Keynesian economics · Law and economics · Monetary policy · Order (exchange · Parliament · Political economy · Political science · Politics · Representation (politics · European Monetary and Fiscal Policies · European Union Policy and Governance · Global Financial Crisis and Policies · Law · Finance
Reputation and Power
Making the European Monetary Union
The Politics of the Euro-Zone
Political Institutions
The Optimal Degree of Commitment to an Intermediate Monetary Target
Expectations and the neutrality of money
Capitalism, Socialism and Democracy
Weber
Capitalism, Socialism and Democracy
Republicanism
A “Selection Model” of Political Representation
Rules Rather than Discretion
The euro and its threat to the future of Europe
The European Parliament
Existential crisis, incremental response
The euro and political union
The Eurosystem
The European Parliament in the Economic Governance of the European Union
The Political Economy of the Euro
Justice as fairness
The 'Sense and Nonsense of Maastricht' Revisited
The Multilevel Parliamentary Field
Between Facts and Norms
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,25 |
| Citation span | 2018 - 2020 (3) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |