Fiscal policy in economic and monetary union theory, evidence, and institutions

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. Fisc...

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Bibliographic Details
Main Author: Buti, Marco
Other Authors: Franco, Daniele
Format: eBook
Language:English
Published: Cheltenham, U.K Edward Elgar 2006
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
Description
Summary: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?
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 supranational nature
Physical Description:xi, 308 p ill
ISBN:9781845420178
1845420179
9781845426712