Enforcement and the stability and growth pact : how fiscal policy did and did not change under Europe's fiscal framework /
The Stability and Growth Pact has been a success in numerous EU countries, especially in guiding them toward underlying fiscal balance ahead of population aging. These countries tend to be smaller, subject to greater macroeconomic volatility, and reliant on a form of fiscal governance that emphasize...
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| Main Author: | |
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| Corporate Author: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund, European Dept.,
2006.
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| Series: | IMF working paper ;
WP/06/116. |
| Subjects: | |
| Online Access: |
Full text (Emmanuel users only) |
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| 100 | 1 | |a Annett, Anthony, |e author. | |
| 245 | 1 | 0 | |a Enforcement and the stability and growth pact : |b how fiscal policy did and did not change under Europe's fiscal framework / |c [prepared by] Anthony Annett. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, European Dept., |c 2006. | ||
| 300 | |a 1 online resource (32 pages) : |b illustrations | ||
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| 490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/06/116 | |
| 504 | |a Includes bibliographical references. | ||
| 505 | 0 | |a Contents -- I. INTRODUCTION -- II. THE POLITICAL ECONOMY OF FISCAL FRAMEWORKS -- III. DEVELOPMENTS UNDER THE FISCAL FRAMEWORK -- IV. EXPLAINING DIVERGENT COUNTRY EXPERIENCES: EMPIRICAL RESULTS -- V. CONCLUSION -- REFERENCES | |
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| 520 | |a The Stability and Growth Pact has been a success in numerous EU countries, especially in guiding them toward underlying fiscal balance ahead of population aging. These countries tend to be smaller, subject to greater macroeconomic volatility, and reliant on a form of fiscal governance that emphasizes targets and contracts. Most of the new members share these characteristics. For the countries less compatible with the Pact, domestic governance reforms that increase the reputational costs for noncompliance can be useful complements to the fiscal framework. | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
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| 546 | |a English. | ||
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| 588 | 0 | |a Print version record. | |
| 650 | 0 | |a Fiscal policy |z European Union countries |x Econometric models. | |
| 650 | 0 | |a Monetary unions |z European Union countries |x Econometric models. | |
| 710 | 2 | |a International Monetary Fund. |b European Department. | |
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| 776 | 0 | 8 | |i Print version: |a Annett, Anthony. |t Enforcement and the stability and growth pact. |d [Washington, D.C.] : International Monetary Fund, European Dept., 2006 |w (OCoLC)74115332 |
| 830 | 0 | |a IMF working paper ; |v WP/06/116. | |
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