Fondata da Bruno Leoni
a cura del Dipartimento di Scienze politiche e sociali
dell'Università degli Studi di Pavia
Editrice Giuffrè (fino al 2005)
dal 2006 Editrice Rubbettino
dal 2019 Editrice PAGEPress

Abstract


Autore:
Fusaro Paride

Titolo:
"Banche centrali, indipendenza e questione democratica: il caso della BCE"

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.