Bulletin n. 2/2016
December 2016
INDICE
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Fusaro Paride
    Banche centrali, indipendenza e questione democratica: il caso della BCE
    in Politico (Il) , n. 241, 2016 ,  2016 ,  83-110
    ABSTRACT: The article examines the relationship between independent institutions, as central banks are, and the democratic theory and practice. In particular, the analysis identifies the instruments, such as control mechanisms and accountability measures, that strengthen the democratic legitimacy of the European Central Bank (ECB) that is the principal subject of the essay. In addition to these elements, the article illustrates the presence of some problems linked to the accountability of the ECB, but also states that these issues cannot invalidate the ECB’s democratic legitimacy that is confirmed.
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