Considering the criticism about the ECB’s governance and its democratic legitimacy, propose an alternative, more democratic governance structure for the ECB in 3,000 words.

Assignment Brief

Considering the criticism about the ECB’s governance and its democratic legitimacy, propose an alternative, more democratic governance structure for the ECB in 3,000 words.
Tasks:
Critically reflect on the feasibility of your proposal in the context of the EVB’s policy mission.
Include reflections on alternative monetary policy instruments and goals in the context of the proposal.

Marking Criteria
EU Economy 2020 (2)
Criteria Pts
This criterion is linked to a learning outcome
Clarity of Introduction
Is there an introduction? Does the introduction provide a clear outline of the aim and focus of the essay? Are conclusions/policy recommendations offered in the introduction? 15 pts
This criterion is linked to a learning outcome
Demonstration of core theories relevant for the topic
Is there a clear and concise presentation and comparison of theoretical frameworks and interpretation of their implications? Does the essay appreciate the complexity and a wide range of issues? Are they justified in their importance? Does the work reveal a theoretically driven understanding of the analysed topic. 35 pts
This criterion is linked to a learning outcome
Evaluative discussion and critical analysis
Is the argument is developed in a coherent and appropriate way. Are critical reflections offered? Is the essay covering factual background and relates it to theories? Is an understanding of contemporary issues and themes demonstrated? Are there links to relevant data if possible, is the data explained and does it relate to the topic? Is it credible? Are key facts presented in an original, succinct, and analytical manner? 45 pts
This criterion is linked to a learning outcome
Referencing and structure
Clarity of explanation, language, use of academic style, referencing (Harvard style? Correctly applied? Uses a range of academic sources?), well presented and structured? Are sections/paragraphs clearly linked? 5 pts