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The Stability and Growth Pact

2001-09-20 Business & Economics
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Release : 2001-09-20
Genre : Business & Economics
Kind : eBook
Book Rating : 261/5 ( reviews)

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Book Synopsis The Stability and Growth Pact by : A. Brunila

Download or read book The Stability and Growth Pact written by A. Brunila. This book was released on 2001-09-20. Available in PDF, EPUB and Kindle. Book excerpt: The Stability and Growth Pact (SGP) encompasses the legislative text and political resolutions regulating fiscal policy and public finances in EMU. The contributions in this volume analyse the institutional, legal, theoretical and empirical aspects of the SGP, examine its development and evaluate its main implications. The authors include academic economists, who provide insightful analysis, and policy makers who have contributed to the shaping of the pact and have a direct responsibility for its implementation. This book is the definitive source of reference on the SGP for academics, policy makes and economists.

Ruling Europe

2010-03-18 Business & Economics
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Release : 2010-03-18
Genre : Business & Economics
Kind : eBook
Book Rating : 503/5 ( reviews)

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Book Synopsis Ruling Europe by : Martin Heipertz

Download or read book Ruling Europe written by Martin Heipertz. This book was released on 2010-03-18. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the fraught history and politics of the Stability and Growth Pact from its origins to the present economic crisis.

Reforming the Stability and Growth Pact

2005-02-01 Business & Economics
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Release : 2005-02-01
Genre : Business & Economics
Kind : eBook
Book Rating : 481/5 ( reviews)

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Book Synopsis Reforming the Stability and Growth Pact by : Mr.Michael Deppler

Download or read book Reforming the Stability and Growth Pact written by Mr.Michael Deppler. This book was released on 2005-02-01. Available in PDF, EPUB and Kindle. Book excerpt: A rules-based fiscal framework, such as the EU’s Stability and Growth Pact (SGP), can be an important bulwark against short-sighted policies. Although policies have improved following the SGP’s adoption, shortcomings remain. These, however, are rooted in the policies rather than the rules, where few changes seem necessary. Specifically, the Excessive Deficit Procedure needs a stronger focus on policies rather than outcomes, while staying operationally simple and transparent. Furthermore, reforms are needed to foster time-consistent national policies, budgetary transparency, and ownership of the Pact. Accordingly, parliaments should debate national Stability Programs and national fiscal councils should review these programs for parliaments.

Second-Generation Fiscal Rules

2018-04-13 Business & Economics
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Release : 2018-04-13
Genre : Business & Economics
Kind : eBook
Book Rating : 936/5 ( reviews)

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Book Synopsis Second-Generation Fiscal Rules by : Luc Eyraud

Download or read book Second-Generation Fiscal Rules written by Luc Eyraud. This book was released on 2018-04-13. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal rule frameworks have evolved significantly in response to the global financial crisis. Many countries have reformed their fiscal rules or introduced new ones with a view to enhancing the credibility of fiscal policy and providing a medium-term anchor. Enforcement and monitoring mechanisms have also been upgraded. However, these innovations have made the systems of rules more complicated to operate, while compliance has not improved. The SDN takes stock of past experiences, reviews recent reforms, and presents new research on the effectiveness of rules. It also proposes guiding principles for future reforms to strike a better balance between simplicity, flexibility, and enforceability. Read the blog

Between Growth and Stability

2008-01-01 Business & Economics
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Release : 2008-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 509/5 ( reviews)

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Book Synopsis Between Growth and Stability by : Leila Simona Talani

Download or read book Between Growth and Stability written by Leila Simona Talani. This book was released on 2008-01-01. Available in PDF, EPUB and Kindle. Book excerpt: Very comprehensive and based on a detailed economic and political analysis, Between Growth and Stability is clearly a vital book for both students and seasoned economists. . . Thomas Bauwens, Bibliothèque Européenne Combining economic and political science perspectives, this timely and important book describes and analyses the circumstances and events leading to the demise and subsequent reform of the Stability and Growth Pact (SGP). Between Growth and Stability aims to find a solution to the dilemmas posed by fiscal policy coordination in the context of a single currency area, as well as contrasting the alternative heuristic frameworks and theoretical perspectives employed. It focuses particularly on the question of credibility, its definition and its meaning in the day-to-day workings of economic and monetary union. The book examines the actual performance of the SGP and proposes ways in which the integrity of European fiscal rule making might be improved in the future. This book will be essential reading for policymakers, politicians, members of European institutions and international organizations. The in-depth analysis will also be invaluable to scholars of international relations and economics, as well as undergraduate and postgraduate students in international relations, political science and economics.

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