Horn, Gustav A.; Niechoj, Torsten; Tober, Silke; … - 2010
Public debt has increased sharply during the financial and economic crisis. The European stability and growth pact … inadequate. Nonetheless, the current debate about reforming the stability and growth pact is dominated by proposals that endorse … pro-posals and then presents its own concept of a revised stability and growth pact. Here the focus is on current account …