Das Jahr 2010 hat die Krisenanfälligkeit der Eurozone deutlich gemacht und den Blick auf die unzureichende Politikkoordinierung der Mitgliedstaaten gelenkt. Dieser Beitrag stellt die we-sentlichen Reformvorschläge im Bereich der Fiskalpolitik, der Wirtschafts - und Strukturpolitik und zur...

In this paper we review the linkages between the quality of public finances, that is, the level and composition of public expenditure and its financing via revenue and deficits, and economic growth. We review the various channels through which public finances affect growth and its underlying...

Sound public finances are necessary for the functioning and economic prosperity of a common currency union. The financial, economic and European sovereign debt crises revealed that financial stability and economic growth also serve as prerequisites and that all three interact in this respect....