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This paper argues that without conditioning access to EU funds on respect for the founding values in a credible manner the EU runs the risk of funding many more illiberal governments in the years to come. It explores the literature on the impact of EU financial assistance on domestic politics to...
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We investigate the track record of multi-annual budgetary plans of EU Member States formulated in the Stability and Convergence Programmes and updates. The study is based on the analysis of an original database summarizing the main macroeconomic and budgetary variables projected by the Member...
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This paper reports the results of a survey among private sector economists about credibility and transparency of … Survey to answer questions on the importance and determinants of credibility. The results of both surveys are very comparable …. Credibility is considered to be important to attain price stability at low cost, while the best ways to earn credibility are a …
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different methods to study the credibility of the detected fluctuation bands. The detected lack of credibility in a high … percentage of the sample is robust to the use of several credibility tests, suggesting that economic agents do not behave as if …
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