{"product_id":"federal-central-banks-a-comparison-of-the-us-federal-reserve-and-the-european-central-bank-9781907144103","title":"Federal Central Banks: A Comparison of the US Federal Reserve and the European Central Bank","description":"\u003cp\u003e\u003cem\u003eFederal Central Banks\u003c\/em\u003e is a unique study that critically examines the role and impact of central banks in federal and confederal political systems.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eIt conducts a detailed examination of the history, design and operation of central banking in the United States and in the European Union.\u003c\/li\u003e \u003cli\u003eThe contradiction between the centralizing features of banking and monetary policy and the political and economic expectations of pluralist federal democracy is explored.\u003c\/li\u003e \u003cli\u003eRegional economic disparities are seen to be amplified by modern 'independent' central banking.\u003c\/li\u003e \u003cli\u003eThe response of the US Treasury and Federal Reserve to the GFC is rated as superior to immature Eurozone institutions. But both underperformed in not providing adequate fiscal-monetary solutions.\u003c\/li\u003e \u003cli\u003eQuantitative easing rescued the financial sector from collapse, but exacerbated wealth inequalities and failed to provide a sufficiently rapid economic recovery.\u003c\/li\u003e \u003cli\u003eFederal level banking reforms need to go hand in hand with democratic accountability.\u003c\/li\u003e \u003cli\u003eThe Eurozone governance structures are dysfunctional and undemocratic and should be reformed.\u003c\/li\u003e \u003c\/ul\u003e\u003cbr\u003e","brand":"Forumpress","offers":[{"title":"Default Title","offer_id":50857029337362,"sku":"9781907144103","price":17.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_727318ae-2f7e-4a6c-9f5e-ab1c3e6a84a4.jpg?v=1737518446","url":"https:\/\/surprise-castle.myshopify.com\/products\/federal-central-banks-a-comparison-of-the-us-federal-reserve-and-the-european-central-bank-9781907144103","provider":"Surprise Castle","version":"1.0","type":"link"}