Results 261 to 270 of about 7,777 (303)
Some of the next articles are maybe not open access.
The review of the Stability and Growth Pact
Common Market Law Review, 2006info:eu-repo/semantics ...
openaire +2 more sources
The ‘Muting’ of the Stability and Growth Pact
Cambridge Yearbook of European Legal Studies, 2021AbstractThis article proposes the “muting” of the SGP, the framework of rules that the EU has implemented since the coming into being of the European Monetary Union in the fiscal domain. It is argued herein that the system is far from being credible, from the perspective of the law-as-credibility paradigm.
openaire +1 more source
The Dismal Record of the Stability and Growth Pact
2007The seven years of experience since the launching of the European monetary union (EMU) have made clear that the Stability and Growth Pact (SGP) is not functioning as its designers hoped. Though not apparent during the first two years of existence of the Euro zone, thanks to the favourable growth conditions then prevailing everywhere, its defects and ...
Le Cacheux, Jacques +1 more
openaire +2 more sources
The Stability and Growth Pact: Essential and Unfeasible
SSRN Electronic Journal, 2009The arguments for fiscal as well as monetary rules in a monetary union aiming at low inflation, the main weaknesses in the Stability and Growth Pact, and proposals for its reform are reviewed. Our own proposal for reforming the SGP is put forward: a requirement for eurozone Member States to enact entrenched legislation which would forbid budgets that ...
openaire +1 more source
The Political Stability and Growth Pact is Dead: Long Live the Economic Stability and Growth Pact*
JCMS: Journal of Common Market Studies, 2006AbstractEuro area countries suspended the excessive deficit procedure (EDP) of the Stability and Growth Pact in November 2003. Surprisingly perhaps, long‐term European government bond‐holders did not react: yields barely moved. Owing to its political nature, the EDP does not matter for investors.
openaire +1 more source
Reforming the Stability and Growth Pact
IMF Policy Discussion Papers, 2005A rules-based fiscal framework, such as the EU’s Stability and Growth Pact (SGP), can be an important bulwark against short-sighted policies. Although policies have improved following the SGP’s adoption, shortcomings remain. These, however, are rooted in the policies rather than the rules, where few changes seem necessary.
Anthony M Annett +2 more
openaire +2 more sources
Replacing the Stability and Growth Pact?
Atlantic Economic Journal, 2006The Euro Area is unique in its structure, whereby a single, federal monetary system coexists with separate national fiscal and labour market management. Central federal competences in Brussels in these latter fields are much weaker than in other federal systems, such as the United States, Australia, Canada, Germany,and so on.
openaire +1 more source
The Future of the Stability and Growth Pact
International Finance, 2003Books reviewed in this article:Anne Brunila, Marco Buti and Daniele Franco (eds), The Stability and Growth Pact: The Architecture of Fiscal Policy in EMUMarco Buti, Jurgen von Hagen and Carlos Martinez‐Mongay (eds), The Behaviour of Fiscal Authorities: Stabilization, Growth and InstitutionsMarco Buti and Andre Sapir (eds), EMU and Economic Policy in ...
openaire +1 more source
Why has the Stability and Growth Pact Failed?
International Finance, 2004AbstractThis paper evaluates the Stability and Growth Pact. After briefly examining the rules in place and the experience so far, the Pact is analysed from a political economy perspective, focusing on the choice of hard versus soft law and drawing inferences from characteristics of successful fiscal rules at the state level in the USA.
de Haan, J., Berger, H, Jansen, D.J.
openaire +2 more sources
Political work in the stability and growth pact
Journal of European Public Policy, 2022Frédéric Mérand
exaly