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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...

Reforming Fiscal Governance in the European Union

Reforming Fiscal Governance in the European Union »

Source: Reforming Fiscal Governance in the European Union

Volume/Issue: 2015/9

Series: Staff Discussion Notes

Author(s): Michal Andrle , John Bluedorn , Luc Eyraud , Tidiane Kinda , Petya Koeva Brooks , Gerd Schwartz , and Anke Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 May 2015

ISBN: 9781498338288

Keywords: Fiscal reforms, Euro Area, European Economic and Monetary Union, Fiscal rules, Fiscal policy, Fiscal Governance, European Economic, Monetary Union, debt, expenditure

Successive reforms have brought many positive elements to the European Union's fiscal framework. But they have also increased its complexity. The current system involves an intricate set of fiscal constraints, whic...

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...

Reforming Fiscal Governance in the European Union

Reforming Fiscal Governance in the European Union »

Volume/Issue: 2015/9

Series: Staff Discussion Notes

Author(s): Michal Andrle , John Bluedorn , Luc Eyraud , Tidiane Kinda , Petya Koeva Brooks , Gerd Schwartz , and Anke Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 May 2015

DOI: http://dx.doi.org/10.5089/9781498338288.006

ISBN: 9781498338288

Keywords: Fiscal reforms, Euro Area, European Economic and Monetary Union, Fiscal rules, Fiscal policy, Fiscal Governance, European Economic, Monetary Union, debt, expenditure

Successive reforms have brought many positive elements to the European Union's fiscal framework. But they have also increased its complexity. The current system involves an intricate set of fiscal constraints, whic...