Results 11 to 20 of about 8,769 (329)
The Stability and Growth Pact: Crisis and Reform [PDF]
SSRN Electronic Journal, 2011 The sovereign debt crisis in the euro area is a symptom of policy failures and deficiencies in – among other things – fiscal policy coordination. The first nine years of the euro were not used effectively in order to improve public finances, while the Stability and Growth Pact was watered down.
Ludger Schuknecht +3 more
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The application of the European Union fiscal rules in the COVID-19 pandemic crisis [PDF]
Zbornik Radova Pravnog Fakulteta u Nišu, 2022 The paper examines the application of the European Union fiscal rules in the conditions of disturbances caused by the COVID-19 pandemic. Faced with a severe economic crisis, the European Union (EU) institutions for the first time activated a "general ...
Golubović Srđan
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Stability and Growth Pact: Too Young to Die, Too Old to Rock ‘n’ Roll
Journal of Risk and Financial Management, 2022 This paper discusses the future of the Stability and Growth Pact (hereafter SGP). Although Neoclassical economic models argue that strict fiscal and monetary rules minimize moral hazard and crowding out, in practice many governments adopt fiscal ...
Patroklos Patsoulis +2 more
semanticscholar +1 more source
Steps towards a European Fiscal Union: Has the revised Stability and Growth Pact delivered so far?
Journal of Contemporary European Research, 2021 Since 2008-09, the European Union (EU) experienced two major economic crises revealing all the flaws of the existing model of economic governance. By leaving the majority of the countries with high levels of deficit and public debt, the two crises have ...
Marin Mileusnic
semanticscholar +1 more source
Measuring fiscal guidance transparency
Public Sector Economics, 2022 The public disclosure of medium-term fiscal plans - “fiscal guidance” - represents an increasingly important, yet understudied element of fiscal transparency frameworks.
Claudio Columbano
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The Euro Area Periphery Debt Conundrum
Intereconomics, 2022 There are many reasons to reform the Stability and Growth Pact, but that reform is no panacea. This is because the euro area periphery has increasingly entered a debt conundrum.
Robin Brooks, Jonathan Pingle
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The Stability and Growth Pact in Need of Reform [PDF]
Intereconomics, 2005 The failure of an increasing number of countries to comply with the rules of the Stabilityand Growth Pact has given fresh impetus to the debate on the appropriateness of the Pact in its present form. This Forum deals with the deficiencies of the present design of the Pact and with possible ways of improving it, including the pertinent proposals by the ...
Boonstra, Wim +3 more
openaire +1 more source
On a Reformed Stability and Growth Pact [PDF]
Intereconomics, 2005 In March 2005, the Council of Economics and Finance Ministers (Ecofin) presented its own suggestions for a possible Stability and Growth Pact (SGP) reform in a Report to the European Council. The Council Report divides its proposals into three parts, namely improving governance, strengthening the preventive arm and improving the implementation of the ...
openaire +5 more sources
Stability and Growth Pact – critical analysis and perspectives of the future development
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2004 This working paper seeks to define perspectives of the functioning of the Stability and Growth Pact as a tool for regulation of national fiscal policies through analysis and description of legal acts regarding the Pact and through analysis and ...
Robert Plaga, Hubert Smekal
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Fiscal aspects of the European monetary integration [PDF]
Zbornik Radova Pravnog Fakulteta u Nišu, 2014 Along with the introduction of the euro as a single currency, importance of respecting the fiscal aspects which determine longevity of the monetary arrangement is recognized.
Golubović Srđan
doaj +1 more source