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: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
2006
|
| Series: | IMF Working Papers
Working Paper No. 06/116 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | 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 |
| Physical Description: | 1 Online-Ressource (34 p) |
| ISBN: | 1451863764 9781451863765 |
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| spelling | Annett, Anthony Verfasser aut Enforcement and the Stability and Growth Pact How Fiscal Policy Did and Did Not Change Under Europe'S Fiscal Framework Annett, Anthony Washington, D.C International Monetary Fund 2006 1 Online-Ressource (34 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/116 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 Online-Ausg http://elibrary.imf.org/view/IMF001/02056-9781451863765/02056-9781451863765/02056-9781451863765.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Annett, Anthony Enforcement and the Stability and Growth Pact How Fiscal Policy Did and Did Not Change Under Europe'S Fiscal Framework |
| title | Enforcement and the Stability and Growth Pact How Fiscal Policy Did and Did Not Change Under Europe'S Fiscal Framework |
| title_auth | Enforcement and the Stability and Growth Pact How Fiscal Policy Did and Did Not Change Under Europe'S Fiscal Framework |
| title_exact_search | Enforcement and the Stability and Growth Pact How Fiscal Policy Did and Did Not Change Under Europe'S Fiscal Framework |
| title_exact_search_txtP | Enforcement and the Stability and Growth Pact How Fiscal Policy Did and Did Not Change Under Europe'S Fiscal Framework |
| title_full | Enforcement and the Stability and Growth Pact How Fiscal Policy Did and Did Not Change Under Europe'S Fiscal Framework Annett, Anthony |
| title_fullStr | Enforcement and the Stability and Growth Pact How Fiscal Policy Did and Did Not Change Under Europe'S Fiscal Framework Annett, Anthony |
| title_full_unstemmed | Enforcement and the Stability and Growth Pact How Fiscal Policy Did and Did Not Change Under Europe'S Fiscal Framework Annett, Anthony |
| title_short | Enforcement and the Stability and Growth Pact |
| title_sort | enforcement and the stability and growth pact how fiscal policy did and did not change under europe s fiscal framework |
| title_sub | How Fiscal Policy Did and Did Not Change Under Europe'S Fiscal Framework |
| url | http://elibrary.imf.org/view/IMF001/02056-9781451863765/02056-9781451863765/02056-9781451863765.xml |
| work_keys_str_mv | AT annettanthony enforcementandthestabilityandgrowthpacthowfiscalpolicydidanddidnotchangeundereuropesfiscalframework |