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Represents a pioneering attempt to comprehensively explore and assess financial sustainability in Australian local government. While the emphasis falls squarely on Australian local government, Funding the Future draws on extensively on both the international conceptual and empirical literature
Persistent link: https://www.econbiz.de/10009732352
lautet, dass Haushaltskonsolidierungen den Kontext, in dem Fiskalpolitik gemacht wird, dauerhaft verändern. Zwar erhöhen sie … Kollateralschäden der Konsolidierung blieben über Jahre in den Budgets sichtbar. Dieses Ergebnis wird von einer Fallstudie zu den …
Persistent link: https://www.econbiz.de/10010225900
Within the economic profession, it is a widely held view that the fiscal criteria of the Maastricht treaty are arbitrary numbers without economic foundation. Much of this criticism seems to overlook an important aspect - the strategic dimension of the criteria. This paper focuses on one...
Persistent link: https://www.econbiz.de/10011441024
The international monitoring of public finances in EMU member states is an essential element of the Stability and Growth Pact. Part of evaluating government budgets involves determining the sustainability of the envisaged consolidation measures. The academic and political debate on this topic...
Persistent link: https://www.econbiz.de/10010470804
Motivated by the recent proliferation of fiscal consolidation episodes in the advent of Monetary Union, this book explains the causes and consequences of fiscal policy in Europe. This book answers three related questions: What explains the timing of fiscal adjustments? What explains their...
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