Arbeitspapier

Fiscal policy in EMU: Towards a sustainability and growth pact?

[Introduction ...] The goal of this contribution is to take stock of the academic and policy discussions on the fiscal institutions of EMU, to confront the framework in place with what is known of the desirable properties of fiscal policy in a monetary union, and to discuss possible improvements. It is organised as follows. In section 2, we discuss the EMU fiscal framework. In section 3, we describe EMU fiscal policy since 1999 and we assess the effectiveness of the SGP. In section 4, we outline a “Sustainability and Growth Pact” with a view to putting flesh on the revised Pact and we draw our conclusions.

Language
Englisch

Bibliographic citation
Series: Bruegel Working Paper ; No. 2005/01

Classification
Wirtschaft
Subject
Finanzpolitik
Eurozone
Europäischer Stabilitätsmechanismus
EU-Staaten

Event
Geistige Schöpfung
(who)
Coeuré, Benoît
Pisani-Ferry, Jean
Event
Veröffentlichung
(who)
Bruegel
(where)
Brussels
(when)
2005

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Coeuré, Benoît
  • Pisani-Ferry, Jean
  • Bruegel

Time of origin

  • 2005

Other Objects (12)