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Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 24 |
Release | : 1990-07-01 |
Genre | : Business & Economics |
ISBN | : 1451965273 |
Download Economic and Monetary Union in Europe and Constraintson National Budgetary Policies Book in PDF, ePub and Kindle
This paper reviews the pros and cons of institutionalized constraints limiting the freedom of national budgetary policies within an Economic and Monetary Union (EMU) in Europe. The issue is approached from three angles: the influence of EMU on (i) budget discipline; (ii) intergenerational equity and intertemporal efficiency; and (iii) macroeconomic stabilization. The desirability of constraints on budgetary policy is related to the arrangements for EMU-wide monetary policy, the credibility of a no-bailout clause among member states, and progress in the area of supply-side policies.
Author | : Ary Lans Bovenberg |
Publisher | : |
Total Pages | : 22 |
Release | : 1990 |
Genre | : Budget |
ISBN | : |
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Author | : A.L. Bovenberg |
Publisher | : |
Total Pages | : 25 |
Release | : 199? |
Genre | : |
ISBN | : |
Download Economic and Monetary Union in Europe and constraints on national budgetary policies Book in PDF, ePub and Kindle
Author | : A. Lans Bovenberg |
Publisher | : |
Total Pages | : 24 |
Release | : 2006 |
Genre | : |
ISBN | : |
Download Economic and Monetary Union in Europe and Constraints on National Budgetary Policies Book in PDF, ePub and Kindle
This paper reviews the pros and cons of institutionalized constraints limiting the freedom of national budgetary policies within an Economic and Monetary Union (EMU) in Europe. The issue is approached from three angles: the influence of EMU on (i) budget discipline; (ii) intergenerational equity and intertemporal efficiency; and (iii) macroeconomic stabilization. The desirability of constraints on budgetary policy is related to the arrangements for EMU-wide monetary policy, the credibility of a no-bailout clause among member states, and progress in the area of supply-side policies.
Author | : A.Lans Bovenberg |
Publisher | : |
Total Pages | : 22 |
Release | : 1990 |
Genre | : |
ISBN | : |
Download ECONOMIC AND MONETARY UNION IN EUROPE AND CONTRAINTS ON NATIONAL BUDGETARY POLICIES Book in PDF, ePub and Kindle
Author | : Aaron B. Wildavsky |
Publisher | : Martinus Nijhoff Publishers |
Total Pages | : 248 |
Release | : 1993-11-05 |
Genre | : Political Science |
ISBN | : 9780792325895 |
Download National Budgeting for Economic and Monetary Union Book in PDF, ePub and Kindle
Although the need for fiscal coordination and for controlling national spending in particular have been widely justified, relatively little attention has been paid to identifying and analyzing concrete measures to make this feasible. Most studies on these aspects of the Economic and Monetary Union have been concerned with questions as to why the need exists for fiscal convergence and to what degree is it desirable. Attention has only recently been focused on examining what budgetary measures (rules, procedures, structures) can be taken by the Commission or finance ministries for European convergence. The objective of this book is to discuss and suggest alternative policy-option initiatives at EC and national levels encouraging convergent financial management behaviour. Analyses are focused on the following important questions: What is the current capacity of EC and national governments to manage public spending? '; What budgetary strategies are available to reduce deficits? '; What should the role of the Commission be under these circumstances? '; What is the Member States' responsibility for managing national budgets? '; What budgetary norms and rules should be proposed and negotiated to guarantee convergence of integration? '; What strategic and structural arrangements could facilitate integration? ', etc.
Author | : Klaus Gretschmann |
Publisher | : Martinus Nijhoff Publishers |
Total Pages | : 298 |
Release | : 2023-08-21 |
Genre | : Law |
ISBN | : 9004637923 |
Download Economic and Monetary Union Book in PDF, ePub and Kindle
The Heads of State and Government at the European Council meeting in Maastricht definitely decided to embark upon the creation of Economic and Monetary Union by, at the latest, the beginning of 1999, and in doing so opted for a relatively short but difficult journey that should bring the European Community all the benefits one could expect from such an undertaking. However, the question still remains of how Economic and Monetary Union will really affect the day-to-day policymaking of the national civil servants involved, particularly in the areas of monetary and fiscal policies. Can national policymakers adopt a `sit-and-wait' policy or does Economic and Monetary Union really entail a dangerous voyage between Scylla and Charybdis? Will Economic and Monetary Union undermine the sovereignty of national governments because the Maastricht Treaty will give the EC the competence to dictate its own will? Are the benefits of Economic and Monetary Union for the Member States really as great as expected? These and other issues are assessed in this book which, after an assessment of the achievements of the Maastricht European Council, will cover the main implications of a European monetary policy and closer economic cooperation for the relevant policies of the Member States, the division of the competences between Community and member countries and the forthcoming prospects for new EC policies (e.g. regional policy, the EC budget, fiscal union, etc.)
Author | : T. H. van Hoek |
Publisher | : |
Total Pages | : 54 |
Release | : 1991 |
Genre | : Europe |
ISBN | : |
Download Economic and Monetary Union in Europe Book in PDF, ePub and Kindle
Author | : Sören Zibrandt von Dosenrode-Lynge |
Publisher | : Ashgate Publishing |
Total Pages | : 304 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : |
Download Political Aspects of the Economic and Monetary Union Book in PDF, ePub and Kindle
"Concentrating on the myriad political aspects of European Monetary Union (EMU), this volume looks at its origin and its operation, and asks the question of whether EMU has an impact on European integration more generally. Discussing the democratic question in terms of the implications of the EMU for the development of democratic institutions and norms on the national and the supranational level, the book also looks at whether it is possible and desirable to have democratic control of the European Central Bank. In addition, Dosenrode analyzes the potential implications of the EMU and looks at the question of the EU and EMU from a 'new regionalism' perspective." "Political Aspects of the Economic and Monetary Union is extremely useful for scholars and students of European studies, economics, modern history and international relations. Libraries and embassies will also find this an essential reference tool."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
Author | : European Council. Committee for the Study of Economic and Monetary Union |
Publisher | : |
Total Pages | : 244 |
Release | : 1989 |
Genre | : Business & Economics |
ISBN | : |
Download Report on Economic and Monetary Union in the European Community Book in PDF, ePub and Kindle