Chapter 1: Introduction -- Chapter 2: EMU’s Asymmetrical Institutional Design -- Chapter 3: Enhancing EMU’s Fiscal Arm: Towards Stronger Regulatory Surveillance -- Chapter 4: Building Central Financial Assistance Capacities -- Chapter 5: Developing an Emu Lending Of Last Resort Capacity --...

"Fiscal federalism refers to the division or distribution of fiscal powers between different levels of government. In the context of the European Union, it provides a framework to explore the foundations and evolution of the Union's (limited) fiscal powers across different areas of EU...

This open access book delivers a much-needed analysis of the relationship between the EU's financial constitution and European integration.The economic rescue package NextGenerationEU has multiplied the EU's financial volume and thereby raised the question of the state of European integration...

This volume contributes to empirical research on the role of national fiscal rules and institutions in shaping fiscal policies. It provides original, policy-oriented analysis on a number of questions and gives illuminating conclusions about the devices which promote sound and sustainable policy....