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Title:Decision-Making of the ECB: Reform and Voting Power PDF Logo
Authors:Ullrich, Katrin
Issue Date:2004
Series/Report no.:ZEW Discussion Papers 04-70
Abstract:The ECB reform is designed to meet the challenges of an enlarged monetary union in the ECB Council. The reform is assessed by analysing alternatives for the classification of governors into groups of the rotation scheme like the synchronisation of the economic development of the member states. In a second approach, voting power indices are assigned to the governors allocated to the different groups instead of voting weights. Special attention is given to the difference between the political weight of a governor and the economic and population weight of its country of origin.
Subjects:ECB
reform
rotation scheme
voting power indices
JEL:E58
Document Type:Working Paper
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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