Fiscal policy without a state in EMU? [Elektronisk resurs] Germany, the stability and growth pact and policy coordination / Jani Kaarlejärvi.
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Kaarlejärvi, Jani, 1977- (författare)
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Palgrave Connect (Online service)
- ISBN 9780230590106
- Publicerad: Basingstoke : Palgrave Macmillan, 2007
- Engelska PDF (xv, 294 p.
- Relaterad länk:
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http://www.loc.gov/c... (Table of contents only)
Sammanfattning
Ämnesord
Stäng
- This book shows that, in the process of Europeanisation, national interests have had a major impact on the formation (uploading) of fiscal policy coordination. It also shows how European fiscal policy coordination has affected national fiscal policies and policy implementation (downloading) in EMU, and how changes in national interests have finally launched the reform process of the original Stability Pact (reuploading), a new phase of Europeanisation. The book demonstrates how the EMU process, originating in the Maastricht Treaty, created a new role for national economic policy with the transfer of monetary authority to an independent European Central Bank. In these circumstances, the second element of economic policy - fiscal policy (including budgetary policy, public finances, taxation and employment policy) - has become a significant instrument in effectively adapting national economies to cyclical global and European environments. However, the credibility of fiscal policy coordination under the Stability Pact has, to say the least, been controversial in EMU
Ämnesord
- Euro area (LCSH)
- Fiscal policy -- Germany (LCSH)
- Fiscal policy -- European Union countries (LCSH)
- Europe -- Economic integration (LCSH)
- Europa -- Ekonomisk integration
Indexterm och SAB-rubrik
- Qafba Skatter
- Qafa Statshushållning
Klassifikation
- HJ1120.2 (LCC)
- 339.5/20943 (DDC)
- Qafba (kssb/8)
- Qafa (kssb/8)
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