The promises and pitfalls of the ECB’s ‘legitimacy-as-accountability’ towards the European parliament post-crisis

Figures & data

Figure 1. Perceived usefulness of the Monetary Dialogue in the eyes of MEPs. Source: Macchiarelli et al. (2020a) based on data from Collignon and Diessner (2016)

Figures 2(a) and 2(b). Perceived usefulness of the Monetary Dialogue for different audiences and for the audience of the general public in the eyes of MEPs. Source: Macchiarelli et al. (2020a) based on data from Collignon and Diessner (2016)

Figure 3. Perceived usefulness of the Monetary Dialogue in the eyes of MEPs from different groups in the EP. Source: Macchiarelli et al. (2020a) based on data from Collignon and Diessner (2016). Note: Acronyms for parties during the seventh EP legislature; EPP = European People’s Party, S&D = Progressive Alliance of Socialists and Democrats, ALDE = Alliance of Liberals and Democrats for Europe, Greens = The Greens-European Free Alliance, ECR = European Conservatives and Reformists, EFD = Europe of Freedom and Democracy

Figures 4(a) and 4(b). Perceived input from the Monetary Dialogue into the ECB’s decision-making in the eyes MEPs. Source: Macchiarelli et al. (2020a) based on data from Collignon and Diessner (2016)

Figures 5(a) and 5(b). Perceived transparency of the ECB’s decision-making among MEPs from different groups in the EP. Source: Macchiarelli et al. (2020a) based on data from Collignon and Diessner (2016). Note: Acronyms for parties during the seventh EP legislature; EPP = European People’s Party, S&D = Progressive Alliance of Socialists and Democrats, ALDE = Alliance of Liberals and Democrats for Europe, Greens = The Greens-European Free Alliance, ECR = European Conservatives and Reformists, EFD = Europe of Freedom and Democracy

Macchiarelli, C., Monti, M., Wiesner, C., & Diessner, S. (2020a). The growing challenge of legitimacy amid central bank independence. In C. Macchiarelli, M. Monti, C. Wiesner, & S. Diessner (Eds.), The European central bank between the Financial crisis and populisms (pp. 103–121). Palgrave Macmillan.

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Collignon, S., & Diessner, S. (2016). The ECB’s Monetary Dialogue with the European Parliament: Efficiency and accountability during the Euro crisis? JCMS: Journal of Common Market Studies, 54(6), 1296–1312. https://doi.org/10.1111/jcms.12426

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