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Persistent link: https://www.econbiz.de/10003377832
The main rationale for fiscal policy rules is the concern for long-term sustainability of public finances, that in a monetary union may affect the other members. Among many other criticisms, the Stability and Growth Pact (SGP) has been seen as contradictory or incomplete because it focuses on...
Persistent link: https://www.econbiz.de/10010491579
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Persistent link: https://www.econbiz.de/10002452342
The main rationale for fiscal policy rules is the concern for long term sustainability of public finances, that in a monetary union may affect the other members. Among many other criticisms, the Stability and Growth Pact (SGP) has been seen as contradictory or incomplete because it focuses on...
Persistent link: https://www.econbiz.de/10014071406