Larch, Martin; van den Noord, Paul; Jonung, Lars - 2011
While current instruments of EU economic policy coordination helped stave off a full-scale depression, the post-2007 … global financial and economic crisis has revealed a number of weaknesses in the Stability and Growth Pact, the EU framework … account of the reform proposals adopted by the Commission on 29 September 2010. In our view, the current system of EU rules is …