Koordinace hospodářské politiky zemí EU a její meze (available in Czech only)
AbstractThe coordination of the economic policies of the EU Member countries started in the early 90´ s has become a permanent feature of the European integration process. Gradually a rather complicated mechanism has evolved aiming to combine and complement policies pursued at EU level with policies conducted at Member countries level. In the paper the legal framework of the economic policy coordination is presented, main instruments and methods described and assessed. Among the instruments discussed attention is paid to the Main Economic Policy Guidelines, Employment Guidelines, Cardiff process, Cologne process, Lisbon process and the Stability and Growth Pact. All these instruments have something in common: they are based on consensus and include recommendations to the Member states, which, however, cannot be enforced, except for the fiscal policy framework. The Stability and Growth Pact is the only instrument making it legally possible putting sanctions against a non-complying country, non-respecting the rules of the Pact. As yet the Community does not possess any mechanism securing that the Member countries follow the recommended reforms. The main contribution of the economic policy coordination can be found in that it supports the mutual learning process.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies in its journal AUCO Czech Economic Review.
Volume (Year): 1 (2007)
Issue (Month): 2 (July)
Find related papers by JEL classification:
- E0 - Macroeconomics and Monetary Economics - - General
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lenka Stastna).
If references are entirely missing, you can add them using this form.