Martin, Andrew - In: International Journal of Economics and Business Research 2 (2010) 1/2, pp. 60-75
economy that cannot be governed with the combination of macroeconomic policy instruments that modern national governments have …. Its exceptionally independent central bank, the ECB, sets monetary policy for the eurozone economy as a whole, but it has … lacks democratic legitimacy as well as the capacity to govern the eurozone economy effectively. …