European Central Bank
Media commentators’ concern over the German Constitutional Court (BVG) ruling on the European Central Bank’s (ECB) Public Sector Purchase Programme (PSPP) appears to have been replaced by concerns over the consideration by the Bank of England over the potential introduction of negative interest rates, another of the ECB’s monetary policy instruments. However, the implications of...
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Following its comparative analysis of the US Federal Reserve and the European Central Bank, published in 2018, fellows at GPI London are responding to Christine Lagarde’s call for submissions to the ECB’s own review that is to be completed end of 2020. The GPI team have split their efforts into an economic review and a...
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Federal Central Banks is a unique study that critically examines the role and impact of central banks in federal and confederal political systems. It has been written and compiled by members of the Banking and Monetary Committee of the Global Policy Institute. It conducts a detailed examination of the history, design and operation of central banking...
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About the GPI

The Global Policy Institute is a research institute on international affairs. It is based in the City of London, and draws on both a rich pool of international thinkers, academics as well as policy and business professionals. The Institute gives non-partisan guidance to policymakers and decision takers in business, government, and NGOs.