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Exchange Rate-Based Stabilization in Western Europe

Exchange Rate-Based Stabilization in Western Europe »

Source: Exchange Rate-Based Stabilization in Western Europe : Greece, Ireland, Italy and Portugal

Volume/Issue: 1997/75

Series: IMF Working Papers

Author(s): Enrica Detragiache , and A. Hamann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1997

ISBN: 9781451849691

Keywords: Inflation stabilization, Western Europe, exchange rate, real exchange rate, monetary policy

This paper compares the experience with exchange-rate–based stabilization (ERBS) of four Western European countries with that of high-inflation developing countries. In general, the behavior of key macroecon...

Reforming the Stability and Growth Pact

Reforming the Stability and Growth Pact »

Volume/Issue: 2005/2

Series: IMF Policy Discussion Papers

Author(s): Anthony Annett , Jörg Decressin , and Michael Deppler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2005

DOI: http://dx.doi.org/10.5089/9781451975482.003

ISBN: 9781451975482

Keywords: Economic stabilization, Fiscal policy, Fiscal rules, Political economy, structural reforms, implicit liabilities, international monetary fund

A rules-based fiscal framework, such as the EU’s Stability and Growth Pact (SGP), can be an important bulwark against short-sighted policies. Although policies have improved following the SGP’s adopti...

Exchange Rate-Based Stabilization in Western Europe
			: Greece, Ireland, Italy and Portugal

Exchange Rate-Based Stabilization in Western Europe : Greece, Ireland, Italy and Portugal »

Volume/Issue: 1997/75

Series: IMF Working Papers

Author(s): Enrica Detragiache , and A. Hamann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1997

DOI: http://dx.doi.org/10.5089/9781451849691.001

ISBN: 9781451849691

Keywords: Inflation stabilization, Western Europe, exchange rate, real exchange rate, monetary policy

This paper compares the experience with exchange-rate–based stabilization (ERBS) of four Western European countries with that of high-inflation developing countries. In general, the behavior of key macroecon...

Reforming the Stability and Growth Pact

Reforming the Stability and Growth Pact »

Source: Reforming the Stability and Growth Pact

Volume/Issue: 2005/2

Series: IMF Policy Discussion Papers

Author(s): Anthony Annett , Jörg Decressin , and Michael Deppler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2005

ISBN: 9781451975482

Keywords: Economic stabilization, Fiscal policy, Fiscal rules, Political economy, structural reforms, implicit liabilities, international monetary fund

A rules-based fiscal framework, such as the EU’s Stability and Growth Pact (SGP), can be an important bulwark against short-sighted policies. Although policies have improved following the SGP’s adopti...