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Fiscal policy making in the European Union : an assessment of current practice and challenges

Author: Martin Larch; João Nogueira Martins
Publisher: London ; New York : Routledge, 2009.
Series: Routledge revivals
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
"Fiscal policy making in the European Union is a national prerogative that is carried out and co-ordinated within the remits of the Stability and Growth Pact (SGP). The SGP Member States have agreed upon a rules-based framework which, abstracting from operational details, aims to ensure long-term sustainability of public finances while allowing for short-term fiscal stabilization. The success of the EU fiscal  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Fiscal policy making in the European Union.
London ; New York : Routledge 2009
(OCoLC)432997037
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Martin Larch; João Nogueira Martins
ISBN: 9780203866450 0203866452
OCLC Number: 570576714
Description: 1 online resource (xiv, 204 pages).
Series Title: Routledge revivals
Responsibility: edited by Martin Larch and João Nogueira Martins.

Abstract:

"Fiscal policy making in the European Union is a national prerogative that is carried out and co-ordinated within the remits of the Stability and Growth Pact (SGP). The SGP Member States have agreed upon a rules-based framework which, abstracting from operational details, aims to ensure long-term sustainability of public finances while allowing for short-term fiscal stabilization. The success of the EU fiscal framework depends to a large extent on the effectiveness and accuracy of the tool-kit of indicators and methods used at the EU level to monitor and assess the fiscal performance of the Member States vis-a-vis the requirements of the SGP. The contributions to this volume examine key aspects of the measurement of fiscal policy making in the context of the EU fiscal surveillance framework. They highlight strengths and weaknesses of current assessment practice, including innovations implied by the 2005 revision of the SGP."--Jacket.

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