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Fiscal Policy In The European Union

Fiscal Policy in the European Union PDF
Author: J. Ferreiro
Publisher: Springer
ISBN: 0230228267
Size: 29.96 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 219
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Fiscal Policy In The European Union

by J. Ferreiro, Fiscal Policy In The European Union Books available in PDF, EPUB, Mobi Format. Download Fiscal Policy In The European Union books, This book provides a comprehensive analysis of national fiscal policies in the European Union and in the European Monetary Union. Adopting a critical perspective, the book offers a deep insight into the consequences of the current strategy of national fiscal policies on economic activity.




Fiscal Policy In Europe 1991 2003

Fiscal Policy in Europe  1991 2003 PDF
Author: Andrew Hughes Hallett
Publisher: Centre for Economic Policy Research
ISBN: 9781898128823
Size: 12.64 MB
Format: PDF, ePub
Category : Budget deficit
Languages : en
Pages : 68
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Fiscal Policy In Europe 1991 2003

by Andrew Hughes Hallett, Fiscal Policy In Europe 1991 2003 Books available in PDF, EPUB, Mobi Format. Download Fiscal Policy In Europe 1991 2003 books, This report examines the stance of fiscal policy in Europe since the 1980s, and the attempts that have been made to restrain the excessive deficits that have built up over the past 15 years. Some attempts to impose discipline have been successful, but many have not. The authors examine the reasons for this, and draw lessons for fiscal policy-making in the future. Current policies could weaken the euro. When the effects of a high deficit in one state are spread across the whole currency union, there is an incentive to run a more expansionary fiscal policy. Unsustainable debt paths can therefore be inflationary. Moreover, the loss of national monetary policies may have caused many governments to rely on fiscal policies to reach their goals. Fiscal discipline has therefore weakened visibly since EMU started, and this has undermined the institutional structure that was set up to enforce that discipline. A new structure will eventually be needed. A key point seems to be that a significant consolidation did take place as countries tried to meet the Maastricht criteria. But having qualified, many member states then relaxed their fiscal policies.The results suggest that, within five years of the launch of the euro, this 'Maastricht Effect' of greater discipline will have been eroded. The authors also find evidence that the smaller countries have shown more discipline than their larger neighbours. In addition, they find that governments have attempted to expand their economies for electoral gain. Finally, they emphasise the crucial role of growth. In fact, the report finds that the reductions in debt that have been achieved so far have been created almost exclusively through economic growth. This appears to be true even under regimes with the strictest expenditure controls. As a result, the Stability and Growth Pact appears not to have produced much discipline; but it has created pro-cyclical pressures and generated uncertainty when its enforcement has been uneven. These results show that it may be preferable to have growth-friendly policies, and to give a more prominent place to debt reductions in a regime of fiscal restraint.




Policy Making In The European Union

Policy making in the European Union PDF
Author: Helen Wallace
Publisher: Oxford University Press, USA
ISBN: 0199689679
Size: 17.16 MB
Format: PDF, ePub
Category : Political Science
Languages : en
Pages : 574
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Policy Making In The European Union

by Helen Wallace, Policy Making In The European Union Books available in PDF, EPUB, Mobi Format. Download Policy Making In The European Union books, Constantly evolving, and with far-reaching implications, European Union policy-making is of central importance to the politics of the European Union. From defining the processes, institutions and modes through which policy-making operates, the text moves on to situate individual policieswithin these modes, detail their content, and analyse how they are implemented, navigating policy in all its complexities. Exploring the link between the modes and mechanisms of EU policy-making and its implementation at national level, Policy-Making in the Europe Union helps students to engage with the key issues related to policy. Written by experts, for students and scholars alike, this is the most authoritative andin-depth guide to policy in the European Union.




Fiscal Policy And Interest Rates In The European Union

Fiscal Policy and Interest Rates in the European Union PDF
Author: Klaas Knot
Publisher: Edward Elgar Publishing
ISBN: 9781781959657
Size: 54.65 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 203
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Fiscal Policy And Interest Rates In The European Union

by Klaas Knot, Fiscal Policy And Interest Rates In The European Union Books available in PDF, EPUB, Mobi Format. Download Fiscal Policy And Interest Rates In The European Union books, This is an extensive study concerned with the potential effects of fiscal policy on financial markets in the EU. It takes into account the gradual liberalization of capital movements through Western Europe & the framework of the European Monetary System.




Fiscal Policy Making In The European Union

Fiscal Policy Making in the European Union PDF
Author: Martin Larch
Publisher: Routledge
ISBN: 1135234930
Size: 50.69 MB
Format: PDF, Mobi
Category : Business & Economics
Languages : en
Pages : 224
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Fiscal Policy Making In The European Union

by Martin Larch, Fiscal Policy Making In The European Union Books available in PDF, EPUB, Mobi Format. Download Fiscal Policy Making In The European Union books, This book examines key aspects of the measurement of fiscal policy making in the EU fiscal surveillance framework, highlighting strengths and weaknesses of current assessment practice. Based on the proceedings of a workshop organized by the European Commission’s Directorate-General Economic and Financial Affairs, the book’s contributions from leading experts will be of particular value to individuals and institutions involved in the fields of national and international economics and finance. Key Features: chapters are arranged within three main sections: Long-term sustainability; Measurement of the underlying budgetary position and discretionary fiscal policy; Reliability of fiscal indicators edited by Martin Larch and João Nogueira Martins expert contributors include António Afonso, Fabrizio Balassone, Fernando Ballabriga, Roy Barrell, Peter Brandner, Peter Claeys, Leopold Diebalek, Per Eckefeldt, Jonas Fischer, Daniele Franco, Jagadeesh Gokhale, Ian Hurst, Walpurga Köhler-Töglhofer, György Kopits, Martin Larch, Carlos Martinez-Mongay, James Mitchell, João Nogueira Martins, Jan in ’t Veld, Stefania Zotteri text amply supported by charts and tables. bibliography and Index




Fiscal Policy In Economic And Monetary Union

Fiscal Policy in Economic and Monetary Union PDF
Author: Marco Buti
Publisher: Edward Elgar Publishing
ISBN: 1845426711
Size: 34.47 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 308
View: 5086

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Fiscal Policy In Economic And Monetary Union

by Marco Buti, Fiscal Policy In Economic And Monetary Union Books available in PDF, EPUB, Mobi Format. Download Fiscal Policy In Economic And Monetary Union books, The book has many merits, and represents an important contribution to the controversial topic of European fiscal policy. I appreciated in particular the high quality and rigor of the analysis and the fact that the pros and cons of the contending opinions are presented in a fair way. It is a rewarding reading. EAEPE Newsletter Buti and Franco present a series of interesting analytical information which should be read by as broad an audience as possible. . . the book is a good buy. László Csaba, Acta Oeconomica This book explores the origins, rationale, problems and prospects of the European fiscal policy framework. It provides the reader with a roadmap to EMU s budgetary framework by exploring its theoretical and empirical foundations, uncovering its historical roots and emphasising its supranational nature. The authors, who have been at the forefront of the academic and policy debate on economic policy in Europe, argue that fiscal policy has always been at the core of the EMU debate. The Maastricht criteria and the Stability and Growth Pact are the most contentious building blocks of EMU s institutional architecture: they have aroused heated controversies between academics and policymakers ever since their adoption. As EMU s budgetary rules undergo their first severe shock, Europe is still searching for its fiscal soul. The book s basic premise is that one cannot fully understand EMU s fiscal framework and the recent debate on its reform without placing them in a historical and institutional perspective and abstracting from the uniqueness of EMU, where sovereign countries retain a large degree of fiscal independence, and monetary policy is entrusted to an independent central bank with the overriding mission of maintaining price stability. Analysing all aspects of EMU s fiscal rules and institutions, this book will strongly appeal to students, academics and researchers of macroeconomic policy and European integration. Policymakers and fiscal policy experts at both national and international levels will also find the book to be of great interest.




The European Union And National Macroeconomic Policy

The European Union and National Macroeconomic Policy PDF
Author: Economic and Social Research Council
Publisher: Psychology Press
ISBN: 9780415141970
Size: 50.57 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : en
Pages : 210
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The European Union And National Macroeconomic Policy

by Economic and Social Research Council, The European Union And National Macroeconomic Policy Books available in PDF, EPUB, Mobi Format. Download The European Union And National Macroeconomic Policy books, The European Union and National Macroeconomic Policy examines the way in which the European Union has affected autonomy in the macro-economic policy making of the member states.




Growth And Cohesion In The European Union

Growth and Cohesion in the European Union PDF
Author: William Mitchell
Publisher: Edward Elgar Publishing
ISBN: 9781781956366
Size: 73.58 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 250
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Growth And Cohesion In The European Union

by William Mitchell, Growth And Cohesion In The European Union Books available in PDF, EPUB, Mobi Format. Download Growth And Cohesion In The European Union books, This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the ECB and the Stability and Growth Pact.




Macroeconomic Policy In The European Monetary Union

Macroeconomic Policy in the European Monetary Union PDF
Author: Francesco Farina
Publisher: Routledge
ISBN: 1134109377
Size: 22.47 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 240
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Macroeconomic Policy In The European Monetary Union

by Francesco Farina, Macroeconomic Policy In The European Monetary Union Books available in PDF, EPUB, Mobi Format. Download Macroeconomic Policy In The European Monetary Union books, Providing readers with a multi-faceted assessment of the implementation of fiscal policies in the euro zone and their macroeconomic effects five years after the inception of the euro, this book, international in perspective and scope, is the first reliable reference source for discussions in this area for both academics and policy makers. Comprising contributions from distinguished researchers from different European countries and institutions the issues addressed include the: monetary and fiscal policy-mix evolution and control of fiscal aggregates over the business cycle and their implications for the SGP rules accountability of debt evolution financial spill-over of national fiscal policies measurement and assessment of automatic stabilizers. Based on empirical evidence as well as being firmly rooted in theoretical analyses and giving particular emphasis to the constraint of the Stability and Growth Pact on the one hand and the presence of a single monetary policy on the other, this book is an invaluable tool students and researchers engaged with macroeconomic stabilization and monetary and fiscal policy interactions, as well as professionals in the public sector and the financial institutions of the EU.




The Politics Of Corporate Taxation In The European Union

The Politics of Corporate Taxation in the European Union PDF
Author: Claudio Radaelli
Publisher: Routledge
ISBN: 1135106312
Size: 37.99 MB
Format: PDF, ePub
Category : Business & Economics
Languages : en
Pages : 272
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The Politics Of Corporate Taxation In The European Union

by Claudio Radaelli, The Politics Of Corporate Taxation In The European Union Books available in PDF, EPUB, Mobi Format. Download The Politics Of Corporate Taxation In The European Union books, This study explores the formation of the European Union's tax policy and asks why member states did not raise objections to it. The author's analysis is enriched by two further levels of inquiry. Firstly, he examines the 'Europeanization' of domestic tax policy in Italy and the UK, asking how domestic policy has changed and what is meant by 'Europeanization'. Secondly, he puts the European Union tax policy in the wider context of tax globalization. Will the liberalization of capital movement, tax havens and the flexibility of multinationals in managing their taxable incomes wreck the European Union's fragile tax policies?