Enforcement and the Stability and Growth Pact : How Fiscal Policy Did and Did Not Change Under Europe's Fiscal Framework »
Series: IMF Working Papers
Author(s): Anthony Annett
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2006
Keywords: enforcement, fiscal governance, fiscal framework, fiscal performance, fiscal rules, National Deficit Surplus,
The Stability and Growth Pact has been a success in numerous EU countries, especially in guiding them toward underlying fiscal balance ahead of population aging. These countries tend to be smaller, subject to great...