The Stability and Growth Pact: Fiscal Policy in the EMU

2003 ◽  
pp. 101-115 ◽  
Author(s):  
Michael J. Artis
Keyword(s):  
Fiscal Policy ◽  
Stability And Growth Pact ◽  
Growth Pact ◽  
The Stability

scholarly journals Das Kaninchen vor der Schlange

2001 ◽  
Vol 31 (125) ◽  
pp. 637-648
Author(s):  
Hansjörg Herr
Keyword(s):  
Fiscal Policy ◽  
Euro Area ◽  
World Economy ◽  
Western World ◽  
Stability And Growth Pact ◽  
Growth Pact ◽  
Liberal Ideology ◽  
The Usa ◽  
The Stability ◽  
Monetary And Fiscal Policy

The terrorattack hit the western world in a situation of a sharp cyclical downturn in the USA, Europe and Japan. Mainly because of increased uncertainty the downturn will be intensified by the attack. Immediately after the attack US monetary and fiscal policy became even more expansive. In Europe monetary policy reacted very reluctantly. Active fiscal policy in the Euro-area is nearly not existing as the Stability and Growth Pact as well as neo-liberal ideology prevents fiscal measures. The inactive economic policy in the Euro-area is not only dangerous for Europe but also a depressing factor for the world economy.

Fiscal Policy Coordination

2019 ◽  
pp. 14-25
Author(s):  
Charlotte Rommerskirchen
Keyword(s):  
Fiscal Policy ◽  
Historical Context ◽  
Policy Coordination ◽  
Economic Recovery ◽  
Stability And Growth Pact ◽  
Growth Pact ◽  
Legal Power ◽  
The Stability ◽  
Key Aspects ◽  
Fiscal Policy Coordination

This chapter sets the scene for this study by providing historical context and introducing the key aspects, processes, and players of fiscal policy coordination. In so doing it charts key developments of pre-crisis fiscal policy coordination, before turning to the creation of the European crisis agreement, the European Economic Recovery Plan (EERP), and finally the reform packages post-crisis. Despite impressions to the contrary, the procedures for fiscal policy coordination are extensive, albeit enforced and reinforced with little political and legal power. Although there is persistent continuity for some ideas and procedures—the Stability and Growth Pact (SGP) and its fear of stability free riding chief among them—new innovations and reforms have made inroads.

Brunila, A. - Buti, M. - Franco, D., The Stability and Growth Pact: The Architecture of Fiscal Policy in EMU

2002 ◽  
Vol 20 (2) ◽  
pp. 191-193
Author(s):  
Marco Ciaffi
Keyword(s):  
New York ◽  
Fiscal Policy ◽  
Stability And Growth Pact ◽  
Growth Pact ◽  
The Stability

Abstract Brunila, A. - Buti, M. - Franco, D. (eds), 2001, The Stability and Growth Pact: The Architecture of Fiscal Policy in EMU, New York, Palgrave, pp. 438, hardcover, ISBN<italic/> 0-333-96145-5, US$69.95.

Sign in / Sign up

Export Citation Format

Share Document