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Will Fiscal Policy Be Effective Under EMU?

Will Fiscal Policy Be Effective Under EMU? »

Volume/Issue: 1998/176

Series: IMF Working Papers

Author(s): M. Cangiano , and Eric Mottu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1998

DOI: http://dx.doi.org/10.5089/9781451975550.001

ISBN: 9781451975550

Keywords: Economic Union, Policy Coordination, expenditure, central fiscal, fiscal authority, fiscal policies

European Economic and Monetary Union does not envisage creating a central fiscal authority. Monetary and exchange rate policies will be centralized, but fiscal policy will remain a national responsibility, in line...

Will Fiscal Policy Be Effective Under EMU?

Will Fiscal Policy Be Effective Under EMU? »

Source: Will Fiscal Policy Be Effective Under EMU?

Volume/Issue: 1998/176

Series: IMF Working Papers

Author(s): M. Cangiano , and Eric Mottu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1998

ISBN: 9781451975550

Keywords: Economic Union, Policy Coordination, expenditure, central fiscal, fiscal authority, fiscal policies

European Economic and Monetary Union does not envisage creating a central fiscal authority. Monetary and exchange rate policies will be centralized, but fiscal policy will remain a national responsibility, in line...