This research examines the independence and democratic accountability of central banks through a comparative analysis of the European Central Bank (ECB), the US Federal Reserve (FED), and the Bank of England (BoE). The aim is to propose possible reforms to the ECB’s legal framework, drawing inspiration from best practices in the United States and the United Kingdom. Chapter One seeks to provide a comprehensive definition of the two key concepts: independence and democratic accountability. Chapters Two, Three, and Four analyze the legal frameworks of the ECB, the Fed, and the BoE, respectively. Chapter Five concludes the comparative study and outlines three potential future scenarios for European law.
Banca d'Italia, Italy
Book Title
L’indipendenza e l’accountability democratica delle banche centrali
Book Subtitle
Profili comparatistici
Authors
Andrea Catani
Peer Reviewed
Number of Pages
288
Publication Year
2025
Copyright Information
© 2025 Author(s)
Content License
Metadata License
Publisher Name
Firenze University Press
DOI
10.36253/979-12-215-0712-6
ISBN Print
979-12-215-0711-9
eISBN (pdf)
979-12-215-0712-6
eISBN (xml)
979-12-215-0713-3
Series Title
Premio Tesi di Dottorato Città di Firenze