Showing 1 - 10 of 33
Persistent link: https://www.econbiz.de/10008859697
Persistent link: https://www.econbiz.de/10008859701
The Swedish Fiscal Policy Council (FPC) set up in 2007 is one example of the recent international trend to create independent fiscal watchdogs. The FPC has established itself as an important participant in the Swedish economic policy discussion. The FPC has small resources and a broad remit...
Persistent link: https://www.econbiz.de/10009488889
The paper describes the monetary and fiscal policy frameworks in Sweden and analyses how they were established as well as current challenges. Sweden provides a good example of how deep economic crisis, in interaction with independent thinking by academics and other experts as well as policy...
Persistent link: https://www.econbiz.de/10011302486
EU-level fiscal rules have not been able to prevent the large-scale accumulation of government debt in many eurozone countries. One explanation was major flaws in the rules. Some of these flaws have now been corrected. But the failure of the rules depended also on fundamental problems of time...
Persistent link: https://www.econbiz.de/10011305767
Persistent link: https://www.econbiz.de/10011435706
Persistent link: https://www.econbiz.de/10009232046
An important issue for the EMU countries is to what extent fiscal policy can be used to stabilise the domestic economy in the case of asymmetric macroeconomic shocks. The paper reviews possible reforms of national fiscal policy institutions in order to promote efficient fiscal stabilisation...
Persistent link: https://www.econbiz.de/10001827332
Persistent link: https://www.econbiz.de/10010213154
Public finances in the Nordics are facing great future challenges due to demographic developments. Increasing longevity is changing the age structure of the population, significantly raising the share of older people and thus the old-age dependency ratio. Over the last two decades, there has...
Persistent link: https://www.econbiz.de/10012293695