"A charter member of the Executive Board of the European Central Bank discusses the evolution of that institution, the upcoming rollout of the euro in 12 European countries and how the ECB and the Fed compare, among other issues.
Arthur J. Rolnick - Senior Vice President and Director of Research, 1985-2010He has been called the "intellectual impetus" behind the euro and the "founding father" of the new currency, and soon his progeny will be freely circulating throughout Europe and the rest of the world. For Tommaso Padoa-Schioppa, a charter member of the Executive Board of the European Central Bank (ECB), these are interesting times, to say the least—not only must the nascent ECB deal with important policy questions in a rather uncertain era, but the beginning of the new year finds the introduction of a unified European currency, something very few thought possible just 10 years ago. ..."
Source: http://www.minneapolisfed.org/publications_papers/pub_display.cfm?id=3423
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