Showing 1 - 10 of 34
Persistent link: https://www.econbiz.de/10003953085
Persistent link: https://www.econbiz.de/10009310310
The current system for the financing of the EU needs to be reformed. This paper puts forth a reform proposal with two … important elements: first, the addition of an EU VAT share on receipts; and second, a shift in power from the European Council … to the European Parliament with regard to the determination of the structure of EU expenditures. The first element will …
Persistent link: https://www.econbiz.de/10011346642
Persistent link: https://www.econbiz.de/10009659537
Persistent link: https://www.econbiz.de/10009663812
Persistent link: https://www.econbiz.de/10009626645
Persistent link: https://www.econbiz.de/10011546421
There are at least two reasons why sustainability of public debt is an issue of increasing importance. First, public choice considerations show the danger of excessive use of deficit finance in a democracy. Second, the conditions of a European Monetary Union imply further incentives for deficit...
Persistent link: https://www.econbiz.de/10011547191
Since the widening of the fluctuation bands in the European Monetary System in 1993 the previous core countries have pursued a "D-Mark shadowing". The characteristic feature of this shadowing is the participating countries' willingness to voluntarily return to, and maintain, the old exchange...
Persistent link: https://www.econbiz.de/10011548043
Persistent link: https://www.econbiz.de/10011548482