Current methods of predicting cash flow have a number of significant weaknesses. At the project level, previous models are simple and incorporate only some of the variables affecting cash flow. On the company level, budgeting is performed on an overall basis (i.e. no account is taken of...

Prior to EMU, fiscal policy within the EU was disciplined by the threat of exclusion of the single currency; post-EMU, discipline has been exerted through the provisions of the Stability and Growth Pact. In this paper, we contrast the discipline induced by the two separate regimes on three...

Prior to EMU, fiscal policy within the EU was disciplined by the threat of exclusion of the single currency; post-EMU, discipline has been exerted through the provisions of the Stability and Growth Pact. In this paper, we contrast the discipline induced by the two separate regimes on three...