federal central banks
In January 2020 Christine Lagarde announced that the ECB would be conducting a year long review process of its monetary policy and remit. Much has happened since its last review in 2004, and GPI has responded to Lagarde’s ambitious agenda. The 55 page GPI report[1] reviews the development of ECB monetary policy over the past...
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Open Letter to Christine Lagarde (President-Elect ECB), Ursula von der Leyen (President-Elect EU Commission), Roberto Gualtieri (Chair of EP Economic and Monetary Affairs Committee), Christoph Schmidt (Chair of the German Council of Economic Experts).   Dear President-Elect Madame Lagarde, You will soon be taking up your new post as President of the ECB. At the...
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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.