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OPEN ISSUES ON THE IMPLEMENTATION OF THE STABILITY AND GROWTH PACT

Now that the budget deficits in the Euro Area are approaching balance, the Stability and Growth Pact (SGP) looks like a largely non-constraining institutional framework with little impact on national fiscal policies. This article challenges this view and argues that the implementation of the SGP... Full description

1st Person: Buti, Marco
Additional Persons: Martinot, Bertrand verfasserin
Source: in National Institute economic review , No. 174 (2000), p. 92-104
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Type of Publication: Article
Language: English
Published: 2000
Keywords: research-article
Online: Volltext
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