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3 X 2 Concrete Proposals for Strengthening the Eurosystem

In: Open Issues in European Central Banking

Author

Listed:
  • Lorenzo Bini Smaghi

    (Italian Treasury)

  • Daniel Gros

    (Centre for European Policy Studies)

Abstract

The first six chapters of this book discussed the strengths and weaknesses of the Eurosystem. The overall picture that emerges is that of an institution whose foundations are still weak. Our analysis suggests that reforms are required in several areas. We summarize them here under six concrete proposals. These recommendations should be seen as a stimulus for further discussion. We do not pretend to offer a solution to all the problems. Nevertheless, we believe that the issues that we have identified are of concern even for the achievement of the ECB’s primary objective. It is imperative therefore that a solution be found.

Suggested Citation

  • Lorenzo Bini Smaghi & Daniel Gros, 2000. "3 X 2 Concrete Proposals for Strengthening the Eurosystem," Palgrave Macmillan Books, in: Open Issues in European Central Banking, chapter 7, pages 171-175, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-98188-7_8
    DOI: 10.1057/9780333981887_8
    as

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