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Fiscal Harmonization or Fiscal Union in Eurozone?

2015
The aftermath of the financial crisis and following debt crisis that the European Monetary Union faced in 2008 required re-examining the architecture of the Euro area and a cost/benefit assessment of the monetary union. When one examines the causes of the crises, one sees that EMU's financial architecture stands out. Although there is a common monetary
Durmuş Çağrı Yıldırım   +2 more
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Fiscal or Bailout Union: Where is the EU/EMU's Fiscal Integration Heading? [PDF]

open access: possibleSSRN Electronic Journal, 2013
The European debt crisis triggered a debate on the lacking components of the EU and EMU integration architecture. Many believe that a common currency requires closer fiscal and political integration as a condition for its survival. This opinion is not necessarily supported by the experience of other monetary unions, especially those created by ...
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Fiscal Unions

2022
Abstract Building on recent research comparing the EU and the USA and drawing on Riker’s theory of federalism, this book explores the origins of fiscal unions. It investigates early American history to argue that an internal threat—e.g. a sovereign debt crisis leading to social unrest—triggers the emergence of federal taxing powers—i.e ...
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Fiscal Union by Force

Survival, 2011
What happened over the past two years was the imposition of fiscal union by the force of the markets. The crisis has changed the eurozone, and the EU, forever.
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DALLA UNIONE DOGANALE ALLA UNIONE FISCALE

2015
Il lavoro si propone di analizzare lo stato della Unione doganale, le criticità e le prospettive di riforma della sua governance. Partendo dalla analisi della Proposta di direttiva per armonizzare il quadro delle infrazioni e delle sanzioni doganali, si volge uno sguardo più generale sul diritto tributario europeo, sui tributi armonizzati, sul bilancio
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Fiscal Union by other Means?

2023
Abstract When considering fiscal integration in the European Union, the picture that emerges is a piecemeal one: an incomplete framework with only certain elements in place. This is a multi-level system with very unequal distribution of fiscal powers between the EU and national levels.
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Do independent fiscal institutions cause better fiscal outcomes in the European Union?

Economic Systems, 2022
Bogdan Căpraru   +2 more
semanticscholar   +1 more source

What kind of fiscal union? [PDF]

open access: possible, 2011
This policy brief argues that the euro area's shortcomings have become abundantly clear. It was set up without powers of strict surveillance over macroeconomic imbalances, crisis management and resolution instruments, or adequate banking supervision and resolution tools.
Sapir, André   +2 more
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