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Independence of the European Central Bank
Cambiar vista de pantalla: Dr. Antony Mueller January 28, 2004 | Universidad Francisco Marroquín | Duración:..
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Dr. Antony P. Mueller was born in Germany where he obtained his doctorate in economics from the University of Erlangen-Nuremberg. He is currently professor at the Federal University of Sergipe (UFS) in Brasil and academic director of the Instituto Mises Brasil. Antony Mueller is the founder of “The Continental Economics Institute” ( www.continentaleconomics.com) and an adjunct scholar of the Ludwig von Mises Institute USA. He maintains the blog Cash & Currencies ( www.cashandcurrencies.blogspot.com). Write e-mail to antonymueller@yahoo.com.
Source: www.ufm.edu
Last update: 05/08/2010
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Credits
Independence of the European Central Bank
Dr. Antony Mueller
Universidad Francisco Marroquín
Guatemala, January 28th 2004
A New Media - UFM production. Guatemala, 2004
Camera: Jorge Samayoa; edición digital: Rebeca Zúñiga; index: Inés Zúñiga; plublication: Pedro David España
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  Content
 | Initial credits |
| Introduction |
 | The reason of the Central Bank's independence
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| Gold standard |
| Bretton Woods |
| European currency system |
| Single currency |
| The Euro
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| The ramification of the Euro |
| The risky experiment |
| The inflation rate in Europe |
| Why did the Central Bank accept this task and how can it achieve it? |
| Institutions of the European Union
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| Four European Union institutions
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| The Council of the European Union |
| The European Commission |
| The European Parliament |
| The European Court |
| The three major instruments of policy
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| Regulations |
| Directives |
| Decisions |
| Different policy levels
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| Single policy |
| Common policy |
| Major elements to safeguard the independence
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| Maastricht Treaty |
| Four major articles
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| Maintaining price level stability |
| Prohibition to instruct or suggest the European Central Bank |
| Prohibition to give credits to individual national governments |
| The exchange rate policy under the priority of the aim of price stability |
| Other elements of the Central Bank
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| No reappointment |
| It has its own budget |
| It has only reporting obligations |
| The problem of the political process of countries |
| The importance of January 13th 2004 |
| End |
| Credits |
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