Do you think the current procedures for appointing members to the Board of Governors are consistent with

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Do you think the current procedures for appointing members to the Board of Governors are consistent with the principles of good central bank design?

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14.* Currently, all the national central banks in the Eurosystem are involved with the implementation of monetary policy. What do you think the advantage would be of centralizing the conduct of these day-to-day interactions with fi nancial markets at the ECB in Frankfurt? Are there any disadvantages you can think of?

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Akshay Agarwal

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