Subscription | Search
Go
Home
Euro-zone
Academics
EMUStats Briefing
The Bernacer Prize
From the OBCE
About
Sponsored by
Home > Euro-zone
POLICY DEBATE: THE STRATEGY REVIEW

The ECB Strategy

Press seminar on the evaluation of the ECB's monetary policy strategy, by ECB, May 2003.

Presentation by O.Issing

In the Right Direction, But Not Enough: The Modification of the Monetary-Policy Strategy of the ECB, by L. Svensson, May 2003.

New Inflation Targets for the ECB, by IFO, May 2003.
The Central Bank That Has Missed The Point by P. de Grauwe in Financial Times, May 2003.

An assessment of the recent review of the ECB's monetary policy strategy, by Peter Bofinger (pdf)
The ECBs monetary policy strategy review by Guillermo de la Dehesa (pdf)

The ECB' monetary policy strategy and structural reforms, by Jean-Paul Fitoussi (pdf)

Assessment of the Recent Review of the ECB's Monetary Policy Strategy, by Gustav Adolf Horn (pdf)

The New Monetary Policy Strategy of the ECB by Anne Sibert (pdf)

The Strategy Review by Charles Wyplosz (pdf)

Also: Background studies related to the ECB's definition of price stability

POLICY DEBATE: : UK AND THE EURO
UK and The Euro
Statement by the Chancellor of the Exchequer on UK Membership of the Single Currency, june 9.

UK Membership of the single currency: An assessment of the five economic tests. The five economic tests provide a framework for analysing the UK Government's decision on membership for Economic and Monetary Union (EMU).
Executive summary

Source:FT
Introduction.

Chapter 1: Convergence. Chapter 2: Flexibility. Chapter 3: Investment. Chapter 4: Financial services. Chapter 5: Growth, stability and employment. Chapter 6: Conclusions. June 2003, by HS Treasury.

Submissions on EMU and EMU from leading academics , June 2003, by HS Treasury.

Reaction: Key quotes, by BBC news.June 2003

Britain's six wasted years FT, by FT june 2003

The perfect result for a sceptical nation, by Martin Wolf, june 2003.

ECONOMIC REPORTS

July 2003 Ifo Business Climate: Third Increase in Succession - IFO (Html)

July 2003 Monthly report - Bundesbank (PDF)

July 2003- Monthly Bulletin- ECB (PDF)

July 2003- Euro area growth continued to fall in May- CEPR Eurocoin (Html)

July 2003- Monetary Policy Report to the Congress- Federal Reserve Board (PDF)

July 2003- Leading Index for Germany Continues its Downward Trend- Conference Board (Html)

July 2003- Leading Index for France Continues to Gain Moderately- Conference Board (Html)

July 2003- Weakness in the U.K. Leading Index Appears to be Coming to an End- Conference Board (Html)

July 2003- Leading Index for Spain Continues Increasing- Conference Board (Html)

July 2003- Adjusting to Leaner Time: Annual Report of the Macroeconomic Policy Group- CEPS (PDF)

July 2003- Germany: Concluding Statement of the IMF Mission- IMF (Html)

July 2003- Economic Survey France 2003- OECD (Html)

July 2003- German Economic Monthly- Commerzbank (PDF)

July 2003- Eurozone: Can we narrowly avoid a recession- Commerzbank (PDF)

July 2003 - Quarterly report on the Euro Area- European Commision (PDF)

June 2003 - The German Economy in 2003/2004- IFO (PDF)

June 2003- Euro area growth continued to fall in May – CEPR EuroCoin (Html)

June 2003- Ifo Business Climate: Recovery Continues – IFO (Html)

June 2003- Germany Leading Index Increases Slightly- Conference Board (Html)

June 2003- Spain Leading Index Gains- Conference Board (Html)

June 2003 - U.K. Leading Index Declines for Seventh Consecutive Month- Conference Board (Html)

June 2003- France Leading Index Rebounds- Conference Board (Html)

June 2003 Quarterly Bulletin - Bank of England (Html)

June 2003 US Quarterly Economic Update – Royal Bank of Scotland (PDF)

June 2003 Deflation Low Probability High Cost – Deutsche Bank (PDF)

June 2003 Global Fund Manager Survey – Merrill Lynch (PDF)

June 2003 Short term economic analisys – INSEE (PDF)

June 2003 Euro Area: No Recovery visible yet – Commerzbank (PDF)

June 2003 –German Economic Monthly – Commerzbank (PDF)

June 2003 Economic Outlook – OECD (PDF)

June 2003- Composite Leading Indicator – OECD (PDF)

June 2003 Euro Coincident Indicator – CEPR (HTML)

June 2003 Monthly report - Bundesbank (PDF)

June 2003 Monthly Bulletin – ECB (PDF)

June 2003 Beige Book - Federal Reserve (Html)

May 2003 Concluding Statement on Euro Area Policies – IMF (HTM)

May 2003 Eurozone: Economy at the crossroads - Commerzbank (PDF)

May 2003 Spain: Slight lull in economic activity - Commerzbank (PDF)

May 2003 France: Waiting for the second half - Commerzbank (PDF)

May 2003 Italy: Weaker first half (May 2003) - Commerzbank (PDF)

May 2003 Survey of Professional Forecasters - Fed.R. Philadelphia (PDF)

May 2003 Monthly Bulletin – ECB (PDF)

Eurozone Quarterly Economic Update - RBScotland (PDF)

May 2003 German Economy Monthly - Commerzbank (PDF)

Spring 2003 Report - European Forecasting Network (HTML)

April 2003 Quarterly Report- Netherlands Bureau for economic Policy analisys

April 2003 Monthly report - Bundesbank (PDF)

April 2003 Economic Outlook - OECD (PDF)

April 2003 World Economic Outlook - IMF (PDF)

April 2003 Monthly Bulletin- ECB (PDF)

Spring 2003 Economic Forecasts - European Commision (PDF)

April 2003 Bank of Finland Bulletin - Bank of Finland.

1Q 2003 Inflation Report - Bank of Sweden. (PDF)

1Q 2003 BIS Quarterly Review - BIS (PDF)

March 2003 Economic Bulletin - Bank of Italy

Spring 2003 Bulletin - Central Bank of Ireland (PDF)

February 2003 World Trade Monitor - CPB (PDF)

Febr 2003 France Short Term Economic - INSEE (PDF)

Febr 2003 The Spanish Economy - Min. of Economy (PDF)

Febr 2003 Global Financial Stability Report - IMF (PDF)

 
News
FT.com
FAZ
Handelsblatt.com
European Voice

Markets
FT
Handelsblatt

Useful links
FT's ECB watch
Bloomberg EMU
Update

Corsetti's Euro Home page


Copyright ©2002 OBCE. Paseo de la Castellana, 66. 28046, Madrid. Spain. Tel: 34-91-3373819  Fax: 34-91-3373834.