Advanced Search
MyIDEAS: Login to save this article or follow this journal

Stabilisation policies in the European Union countries and the effectiveness of the Stability and Growth Pact

Contents:

Author Info

  • Inmaculada Carrasco Monteagudo
  • Isabel Pardo Garcia
Registered author(s):

    Abstract

    The Third Phase of the European Economic and Monetary Union and the consequent implementation of the Unique Monetary Policy, advised EU countries to coordinate their fiscal policies, because of the relations between monetary and fiscal policies. The application of the Stability Pact has reduced the discretional nature of national fiscal policy, creating arguments against it, especially in a period with low growth rates. This, without a doubt, will have political consequences in the European integration process. In economic terms, perhaps it is necessary that a deeper fiscal policy could let European systems of social protection act as automatic stabilisers. On the other hand, the stability limits the growth of the public expenses in these countries. The objective of the article is to analyse the different arguments on the effects of the Stability and Growth Pact, taking into account the EU enlargement process.

    Download Info

    If 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.
    File URL: http://www.inderscience.com/link.php?id=9805
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Inderscience Enterprises Ltd in its journal Int. J. of Public Policy.

    Volume (Year): 1 (2006)
    Issue (Month): 3 ()
    Pages: 297-308

    as in new window
    Handle: RePEc:ids:ijpubp:v:1:y:2006:i:3:p:297-308

    Contact details of provider:
    Web page: http://www.inderscience.com/browse/index.php?journalID=97

    Related research

    Keywords: Stability and Growth Pact; fiscal policy; monetary policy; European Union; European integration; social protection; EU enlargement; new Member States.;

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ids:ijpubp:v:1:y:2006:i:3:p:297-308. See general 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: (Graham Langley).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.