Oversight, Accountability, or Influence? Understanding the Use of Monetary Dialogues in the European Parliament

The Monetary Dialogue (MD) between the European Central Bank (ECB) and the European Parliament (EP) has received ample research that has offered an insightful discussion on the effectiveness of the dialogue as a forum for ECB accountability. However, most of the literature has focused on what the EC...

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Main Authors: Amie Kreppel, Corinne Tomasi
Format: Article
Language:English
Published: Cogitatio 2025-01-01
Series:Politics and Governance
Subjects:
Online Access:https://www.cogitatiopress.com/politicsandgovernance/article/view/8941
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author Amie Kreppel
Corinne Tomasi
author_facet Amie Kreppel
Corinne Tomasi
author_sort Amie Kreppel
collection DOAJ
description The Monetary Dialogue (MD) between the European Central Bank (ECB) and the European Parliament (EP) has received ample research that has offered an insightful discussion on the effectiveness of the dialogue as a forum for ECB accountability. However, most of the literature has focused on what the ECB is held accountable for or how the ECB engages in the dialogues. Key questions remain, however, regarding the goals and actions of the individual members of the European Parliament (MEPs) that this article seeks to address. First, we develop a theoretical framework that moves beyond a general concept of “accountability” and differentiates between accountability, oversight, and influence. By defining the concepts more precisely, our aim is to distinguish types of engagement and offer a comparative perspective to broaden the discussion of accountability forums. Second, our article contributes to a growing subset of literature on the MD that shifts the focus from what the ECB gets from the dialogues to how MEPs utilize the MD. To achieve this, we analyze and code MEP questions during the quarterly MD and investigate the impact that member state, national party, and EP political group affiliation have on the character of the questions asked by MEPs over time.
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spelling doaj-art-6febd0f1ee17497d819701e0b0bda55f2025-01-30T10:39:25ZengCogitatioPolitics and Governance2183-24632025-01-0113010.17645/pag.89413975Oversight, Accountability, or Influence? Understanding the Use of Monetary Dialogues in the European ParliamentAmie Kreppel0Corinne Tomasi1Department of Political Science, University of Florida, USACenter for European Studies, University of Florida, USAThe Monetary Dialogue (MD) between the European Central Bank (ECB) and the European Parliament (EP) has received ample research that has offered an insightful discussion on the effectiveness of the dialogue as a forum for ECB accountability. However, most of the literature has focused on what the ECB is held accountable for or how the ECB engages in the dialogues. Key questions remain, however, regarding the goals and actions of the individual members of the European Parliament (MEPs) that this article seeks to address. First, we develop a theoretical framework that moves beyond a general concept of “accountability” and differentiates between accountability, oversight, and influence. By defining the concepts more precisely, our aim is to distinguish types of engagement and offer a comparative perspective to broaden the discussion of accountability forums. Second, our article contributes to a growing subset of literature on the MD that shifts the focus from what the ECB gets from the dialogues to how MEPs utilize the MD. To achieve this, we analyze and code MEP questions during the quarterly MD and investigate the impact that member state, national party, and EP political group affiliation have on the character of the questions asked by MEPs over time.https://www.cogitatiopress.com/politicsandgovernance/article/view/8941accountabilityeuropean central bankeuropean parliamentmonetary dialoguesoversight
spellingShingle Amie Kreppel
Corinne Tomasi
Oversight, Accountability, or Influence? Understanding the Use of Monetary Dialogues in the European Parliament
Politics and Governance
accountability
european central bank
european parliament
monetary dialogues
oversight
title Oversight, Accountability, or Influence? Understanding the Use of Monetary Dialogues in the European Parliament
title_full Oversight, Accountability, or Influence? Understanding the Use of Monetary Dialogues in the European Parliament
title_fullStr Oversight, Accountability, or Influence? Understanding the Use of Monetary Dialogues in the European Parliament
title_full_unstemmed Oversight, Accountability, or Influence? Understanding the Use of Monetary Dialogues in the European Parliament
title_short Oversight, Accountability, or Influence? Understanding the Use of Monetary Dialogues in the European Parliament
title_sort oversight accountability or influence understanding the use of monetary dialogues in the european parliament
topic accountability
european central bank
european parliament
monetary dialogues
oversight
url https://www.cogitatiopress.com/politicsandgovernance/article/view/8941
work_keys_str_mv AT amiekreppel oversightaccountabilityorinfluenceunderstandingtheuseofmonetarydialoguesintheeuropeanparliament
AT corinnetomasi oversightaccountabilityorinfluenceunderstandingtheuseofmonetarydialoguesintheeuropeanparliament