Fiscal policy in Economic and Monetary Union : theory, evidence and institutions /

Fiscal policy in Economic and Monetary Union : theory, evidence and institutions /

"This book explores the origins, rationale, problems and prospects of the European fiscal policy framework. It provides the reader with a roadmap to EMU's budgetary framework by exploring its theoretical and empirical foundations, uncovering its historical roots and emphasising its suprana...

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Bibliographic Details
Main Author: Buti, Marco
Other Authors: Franco, Daniele, 1953-
Format: Book
Language:English
Published: Cheltenham : Edward Elgar, c2005.
Subjects:
Economic and Monetary Union.
Fiscal policy > Europe.
European Union countries > Economic integration.
Table of Contents:
  • Contents: 1. EMU's fiscal rules in a historical perspective
  • 2. The Maastricht Treaty and the stability and growth pact
  • 3. Medium-term fiscal targets
  • 4. Cyclical stabilization
  • 5. Interactions between monetary and fiscal policies
  • 6. Public investment
  • 7. Long-term sustainability
  • 8. Fiscal federalism
  • 9. Politics and the pact
  • 10. Fiscal rules and statistics
  • 11. Reforming EMU's fiscal rules
  • 12. National budgets and the EU budget
  • 13. Postscript : a new stability and growth pact?

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